Egypt-China trade exchange hits $14.5bn in 2020

Cairo – Mubasher: Bilateral trade between Egypt and China increased by 10.34% year-on-year (YoY) to $14.56 billion in 2020, the Middle East News Agency (MENA) reported on Monday, citing official data from China’s Ministry of Commerce.

Chinese exports to Egypt registered $13.64 billion last year, an increase of 11.83% on an annual basis, data showed.

Meanwhile, Egypt’s exports to China fell by 7.84% YoY to $920 million over the course of 2020.

Egypt has become China’s 49th top trade partner as of December 2020.

Mubasher Contribution Time: 29-Mar-2021 08:12 (GMT)
Mubasher Last Update Time: 29-Mar-2021 08:12 (GMT)