Trade Exchange bet. Egypt, Sudan reaches $320.5M in 7 months

Trade exchange between Egypt and Sudan hit $320.48 million during the period from January to July 2018, according to the latest report of the state-owned statistic body.

The Central Agency for Public Mobilization and Statistics noted in its report that trade balance during the seven months came in favor of Egypt by $72.68 million.

The report clarified that Egypt’s exports to Sudan recorded $196.58 million, while imports reached $123.9 million.

Trade exchange between Egypt and Sudan represents 4 or 5 percent of the trade volume between Egypt and the world.

In January and February 2018, trade exchange between both states rose 18.9 percent, recording $104.1 million, compared to $84.4 million during the same months of 2017. February allocated $61.8 million of the total amount, compared to $43.7 million in February 2017.