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Sino-Arab trade hits $244.3bn in 2018

Sino-Arab trade hits $244.3bn in 2018
Arab exports to China recorded $139.4 billion in 2018

Mubasher: The bilateral trade between China and the Arab world grew 28% year-on-year during 2018.

Sino-Arab traded reached $244.3 billion last year, according to the Middle East News Agency (MENA).

The value of Arab exports to China recorded $139.4 billion in 2018, while the Chinese exports to the Arab countries registered $104.9 billion.

In 2018, Chinese companies launched $35.6 billion projects in the Arab world, up 9% from the year before, China’s trade ministry reported.