Cairo - Mubasher: The Central Bank of Egypt (CBE) said that trade exchange between Egypt and the world rose during the period between July 2017 and March 2018 and totalled $65.6 billion, with imports reaching a total of $46.8 billion, and exports at $18.8 billion.
Trade exchange reached $60.3 billion for the same time in fiscal year 2016-2017, with imports and exports then amounting to $44.3 billion and $15.9 billion, respectively, according to the CBE’s monthly report.
The UAE was the biggest trade partner to Egypt, with bilateral trade reaching $4.5 billion, $2.6 billion in imports and $1.8 billion in imports, followed by China with $4.2 billion, the US with a total of $3.5 billion, Saudi Arabia ($3.5 billion), Italy ($3.33 billion), Germany ($3.01 billion), the UK ($2.9 billion), Russia ($2.78 billion), Switzerland ($2.23 billion), Turkey ($2.1 billion), France ($1.98 billion), India ($1.9 billion), Spain ($1.4 billion), and brazil ($1.38 billion).
