Egypt-China trade hits $ 7.5 bln in 7 months

Trade exchange between Egypt and China surged up to 24 percent in the first seven months of 2018 compared to the same period in 2017, according to Chinese customs data reported by MENA on Sunday.

The trade volume between the two countries reached $7.5 billion, while China's exports to Egypt were estimated at $6.5 billion, a 22.6 percent increase year-on-year. Egypt's export s to the Asian giant jumped 34.1 percent to $1 billion.

On a monthly basis, the trade exchange stood at $1.298 billion in July, according to the data.

The Egyptian-Chinese trade exchange volume surged from $3.19 billion in 2006 to $11 billion in 2017, according to official data.