$ 244.3 billion in trade volume between China and Arab countries in 2018

Economy and stock exchange

BEIJING – Trade between Beijing and Arab countries grew 28 percent year-on-year in 2018 to $ 244.3 billion, according to official Chinese data.

China's imports from Arab countries during the year 2018 amounted to 139.4 billion dollars, while China's exports to Arab countries reached 104.9 billion dollars, according to the latest data released on Saturday.

In 2018, Chinese enterprises set up new projects in Arab countries worth 35.6 billion dollars, an increase of 9 percent year-on-year, while business value reached 27.8 billion dollars, the ministry said, adding that China has invested 1.2 billion dollars in all sectors in Arab countries During 2018.

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