Search Site

Trends banner

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Egypt’s exports to China increase by nearly 21 percent in 2022

Fuel, mineral oils and distillate products, cotton, and fruits made up the top 10 categories of goods that Egypt shipped to China. (WAM)
  • The trade exchange between Egypt and China increased by 2.6 percent during the first 11 months of 2022, reaching $14.9 billion.
  • Fuel, mineral oils and distillate products, cotton, and fruits made up the top 10 categories of goods that Egypt shipped to China.

Cairo, Egypt — Egyptian exports to China rose by 20.8 percent to $1.7 billion in the first 11 months of 2022, up from $1.4 billion in the same period in 2021, Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) said.

The trade exchange between Egypt and China increased by 2.6 percent during the first 11 months of 2022, reaching $14.9 billion compared to $14.5 billion during the same period in 2021, Egyptian media reports said, citing a CAPMAS statement.

Fuel, mineral oils and distillate products, cotton, and fruits made up the top 10 categories of goods that Egypt shipped to China in the first 11 months of 2022, totaling $1.3 billion, $104.3 million, and $76.8 million respectively.

Meanwhile, Egyptian imports from China totaled $13.2 billion in the first 11 months of 2022, up from $13.1 billion in the same time in 2021, representing a 0.6 percent rise.

The top 10 commodity categories that Egypt imported from China in the first 11 months of 2022 include organic chemical goods worth $868.5 million, and equipment and electrical gadgets worth $2.6 billion.