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Egypt sees sharp rise in trade volume with China

(Xinhua)    16:50, August 14, 2017

The volume of trade exchange between Egypt and China recorded 5.178 billion dollars from January to June 2017, state news agency MENA reported on Monday.

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

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.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Chen Lidan, Bianji)

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