Daily News Egypt

Trade volume between Egypt, world reached $20.621bn in 3 months: CBE - Daily News Egypt

Advertising Area




Advertising Area



Trade volume between Egypt, world reached $20.621bn in 3 months: CBE

Imports worth $14.781bn, exports at $5.839bn from July to September 2017


The volume of trade exchange between Egypt and other world countries during the period from July to September 2017 was about $20.621bn, according to the Central Bank of Egypt (CBE).

 

According to a recent CBE report, the volume of Egypt’s imports from the rest of the world during that period came to about $14.781bn, while exports amounted to about $5.836bn.

According to the CBE, the volume of trade exchange between Egypt and 14 other countries, which are the most important trading partners of Egypt, was $12.128bn, equivalent to about 58.8% of Egypt’s total trade with all countries of the world.

 

The CBE pointed out in its report that the value of Egyptian exports to these countries was about $3.904bn, while the value of Egyptian imports from these countries amounted to $8.224bn.

 

According to the report, the UAE ranked first in terms of Egypt’s most important trading, as the value of trade exchange between the two during that period was about $1.465bn, of which $870.5m was imports and $594.9m exports.

 

China came second at $1.347bn in trade exchange; $1.264bn in imports and $82.1m in exports.

Italy ranked third among Egypt’s most important trading partners during the period from July to September 2017, as the value of trade with Egypt was $1.079bn, of which $534.5m was imports and $544.5m exports, according to the CBE report.

In fourth place came the United States, with a trade exchange value of $1.048bn, of which $637.2m was imports and $411.1m was exports.

 

The CBE noted that Germany ranked fifth in terms of Egypt’s most important trading partners, their value of trade exchange in that period being $1.044bn, of which $754.6m was imports and $289.5m exports.

 

According to the CBE, Saudi Arabia ranked seventh among Egypt’s most important trading partners, with a total trade value of about $850.1m, of which $626.1m was imports and $224m exports.

Advertising Area

Advertising Area



https://dailynewsegypt.com/2018/02/19/trade-volume-egypt-world-reached-20-621bn-3-months-cbe/
Breaking News

No current breaking news

Receive our daily newsletter
Subscribe