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Trade Volume Between Egypt and China Surpasses $16.2 Billion in 2022

trade-volume-between-egypt-and-china-surpasses-$16.2-billion-in-2022

International

Trade Volume Between Egypt and China Surpasses $16.2 Billion in 2022


23911 - Moldova Invest

The trade exchange between Egypt and China experienced a 2.2 percent surge in 2022, totaling $16.2 billion, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS). This marks an increase from the $15.9 billion recorded in 2021

CAPMAS highlighted a remarkable 25.1 percent growth in Egypt’s exports to China, reaching $1.8 billion in 2022 compared to $1.5 billion in the previous year. Conversely, the value of Egyptian imports from China slightly decreased to $14.40 billion in 2022, down from $14.42 billion in 2021, indicating a marginal 0.2 percent decrease.

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Egypt’s primary exports to China comprised fuel, mineral oils, and their distillation products, amounting to $1.4 billion. This was followed by cotton at $117.3 million, fruits


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