CAIRO: Egypt’s total value of exports to East Asian countries amounted to EGP24.7 billion in 2014, compared with EGP31.2bn in 2013, recent statistics reveal.
This represents a decline by 20.9 per cent, according to the annual bulletin issued by the Central Agency for Public Mobilization and Statistics (CAPMAS) about the trade exchange between Egypt and the most important countries of East Asia in 2014, reports Egypt-based Alfagr.
The bulletin, which analyses the volume of trade (exports/imports) with the most important East Asian countries – Malaysia, People’s Republic of China, Taiwan, India, Japan, Indonesia, Pakistan and South Korea – showed that these exports accounted for 12.6 per cent of the country’s total exports to the world in 2014 and 15.6 per cent in 2013.
The bulletin pointed out that the total value of imports from East Asian countries amounted to EGP133.2bn in 2014, compared with EGP108.1bn in 2013 – an increase of 23.2 per cent – and accounted for 25.4 per cent of the total imports from the world in 2014, compared with 23.7 per cent in 2013.