Egypt: Trade with China continues to grow
#Actualite #BuzzNews #Economie #EGYPTE
Denys Bédarride
jeudi 18 juin 2020 Dernière mise à jour le Jeudi 18 Juin 2020 à 07:30

The volume of trade between China and Egypt stood at $ 4.3 billion at the end of April 2020. This corresponds to an increase of 3.2%, with a surplus of $ 3.51 billion in favor of the Middle Kingdom.

According to data from the General Administration of Chinese Customs, the volume of trade between Egypt and China reached $ 4.3 billion, from January to April 2020. This corresponds to an increase of 3.2% in trade compared to the same period in 2019.

Chinese exports to Egypt, for example, totaled $ 3.91 billion, up 5.1% year-over-year. While Egyptian imports fell 11.9% year-on-year, to $ 400 million.

Trade between the two countries produced a surplus of $ 3.51 billion in favor of China in the first 4 months under review.

According to data from the Chinese Ministry of Commerce, the total volume of trade between China and Egypt was $ 13.2 billion in 2019.

 

Source Agence Ecofin June 2020

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