Trade exchange between Egypt, China hit $5B in H1 of 2017

BEIJING– 14 August 2017: The volume of trade exchange between Egypt and China recorded 5.178 billion dollars from January to June 2017.

China's exports to Egypt decreased by 20.79 percent on a year-on-year basis to 4.518 billion dollars, according to the latest statistics released by the Chinese General Administration of Customs on Monday.

While Chinese imports from Egypt increased by 298.37 percent to reach 660 million dollars, it added.

In June, the volume of trade exchange between Egypt and China amounted to 928 million dollars.

Chinese imports from Egypt upped by 181.69 percent on annual basis to 80.58 million dollars, while exports dropped by 17.83 percent to reach 847 million dollars.

Egypt ranked 52nd in list of China's largest trading partners.