The Central Bank of Egypt (CBE) said that the volume of trade exchange increased by 11.32 percent during the first half of the current fiscal year 2018-19.
The volume of trade reached $ 47.7 billion, of which imports were estimated at $ 33.5 billion and exports at $ 14.2 billion.
During the same period last year, trade recorded $ 42.85 billion, of which $ 30.8 billion were imports.
The trade exchange between Egypt and the major trading partners rose to $ 28.8 billion, compared with $ 25.1 billion a year earlier.
The volume of Egyptian exports to the most influential commercial institutions increased during the first half of the same period to reach $ 8.4 billion, compared to $ 7.5 billion.
In addition, the volume of Egyptian imports amounted to $ 20.3 billion, compared to $ 17.5 billion.
[caption id="attachment_52986" align="aligncenter" width="491"]
Containers at the Suez canal, Egypt [/caption]
Data indicated that China was the major trading partners with Egypt, with a trade exchange of $ 3.3 billion, of which imports recorded $ 3.1 billion, and exports $ 254.6 million.
The United States came in second place with $ 3 billion, of which $ 1.7 billion were Egyptian imports and $ 1.3 billion were recorded as exports.
The United Arab Emirates (UAE) ranked third with a trading volume of $ 2.79 billion.
Moreover, Saudi Arabia came in the fifth spot with a trading volume of $ 2.5 billion, of which $ 2.12 billion were imports. A trading volume of $ 1.86 billion, placed Russia in the eighth spot.
Finally, the trade volume between Egypt and Turkey has been estimated at $ 1.68 billion. Egyptian imports to Turkey recorded $ 1.24 billion and exports $ 448.3 million.
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