Trade exchange bet. Egypt, China hits $13.8B in 2018

Trade exchange between Egypt and China increased 27.6 percent during 2018, recording $13.8 billion, according to the latest economic report on Egyptian-Chinese trade and economic relations.

The report, prepared by the Commercial Representative Office in Beijing headed by Minister of Trade Commissioner Mamdouh Salman, revealed that the Egyptian exports exceeded $1.8 billion, with an increase of 37.8 percent on a year-on-year basis.

It said that the economic and trade relations between Egypt and China have witnessed steady growth since the upgrading of the joint relations to the level of strategic partnership after the visit of President Abdel Fatah al-Sisi to China in 2014.

Salman stressed that the Egyptian Commercial Office in Beijing has set a plan to increase the volume of Egyptian exports and reduce the trade gap between the two countries and succeeded in introducing new commodity items in the Egyptian export system to the Chinese market to include citrus fruits, table grapes and beet feed.