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Egypt-China trade exchange hits $15.7bln in 2023

In a meeting headed by Prime Minister Mostafa Madbouly, El-Minshawi stated that more than 2,600 Chinese companies have invested $8 billion in Egypt.
27.05.24 | Source: Zawya

Trade exchange between Egypt and China reached $15.7 billion in 2023, with Egyptian exports to China recording $881 million, First Assistant to Prime Minister Randa El-Minshawi announced.


In a meeting headed by Prime Minister Mostafa Madbouly, El-Minshawi stated that more than 2,600 Chinese companies have invested $8 billion in Egypt last year.


The China-Egypt TEDA region currently hosts over 140 companies operating in the industrial, logistics, and services sectors, she pointed out.


These companies have invested over $3.3 billion in TEDA, creating over 10,000 job opportunities, she added.

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