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China largest exporter to Egypt in 2015: CAPMAS

At an increase of 13.9 percent, the total value of imports from East Asian countries reached EGP 151.6bn in 2015

Ahram Online , Sunday 27 Nov 2016
china trade
container boxes at a port in Shanghai, China, (photo: Reuters)
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The Central Agency for Public Mobilisation and Statistics (CAPMAS) issued Sunday a report on trade exchange between Egypt and East Asian countries for 2015, where China came in first place on exports to Egypt with a value of EGP 74.8bn

The top imported items from China were electrical equipment, machinery, mechanical appliances and spare parts. 

At an increase of 13.9 percent, the total value of imports from East Asian countries reached EGP 151.6bn in 2015, in comparison to EGP 133.2bn in 2014.

The report stated that the total value of exports to East Asian countries reached EGP 15.5bn in 2015, versus EGP 24.7bn in 2014, at a decrease of 37.1 percent, as a result of the decline in the global price of crude oil.

India was the largest recipient of Egyptian exports. However, its total value fell from EGP 13.7bn in 2014 to EGP 6.9bn in 2015 (down 50.1 percent).

The most important Egyptian export to India is crude oil. 

Althought its imports fell by 62.5% in the same period, Japan was the second largest importer of Egyptian goods in 2015.

 

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