Trade exchange between Egypt, Vietnam hits $377M in 2017

The volume of trade exchange between Egypt and Vietnam in 2017 rose to $377 million, compared to $266 million in 2016, which represents an increase of 41.7 percent, Head of the Trade Agreements Sector at the Ministry of Trade and Industry Saeed Abdullah announced on Sunday.

He made the remarks on the sidelines of the first session of the subcommittee meetings on trade and industrial affairs between Egypt and Vietnam, with the participation of a large group of representatives from various Egyptian ministries and bodies concerned.

In a statement released by the trade ministry, Abdullah said Egyptian exports to the Vietnamese market included tanned leathers, spare parts and crustaceans.

Meanwhile, Egyptian imports from Vietnam were rubber tires, electrical appliances, coconut, cashews, synthetic fabrics, cotton threads, tea, coffee, dried pepper and frozen fish, he added.