Egypt-Saudi Arabia trade exchange hits $3.7 bn in 8 months

The volume of trade exchange between Egypt and Saudi Arabia hit US$3.67 billion in 8 months in 2015.

Egypt's imports from the Saudi kingdom recorded $2.2 billion, while exports $1.5 million in the 8 months.

Saudi Ambassador here Ahmad Qattan said the balance of trade between Egypt and Saudi Arabia included a surplus in Saudi exports of $716 million in the period between January and September 2015.

According to a Saudi embassy statement, citing a statistical report, Saudi exports to Egypt were mainly petroleum products, petrochemicals, paper products, drugs, colors and dyes and steel coils.