Egypt will be the fastest growing country in international trade, according to a report released Tuesday by Hong Kong's HSBC Bank. The report expects Egyptian trade to grow by 185 percent by the year 2025, making up 0.4 percent of all international trade. The report said Egyptian trade would grow because it is considered the gateway to Middle Eastern markets. The report the size of the international trade will increase during the next 15 years by 73 percent, due to the China's good performance. The report released by Hong Kong's HSBC Bank Tuesday, said the size of international trade will reach $48.5 trillion in 2025. It currently stands at $27.2 trillion. China is expected to remain the world's largest country in terms of trade volume, with annual growth of 7 percent. By 2025, China's share of the total world's trade is expected reach 13 percent, Vietnam, Indonesia, and Brazil will also play an important role in the growth of international trade. It is expected that the three countries' trade volume will increase 144 percent, while India's trade will increase 156 percent. The report covers ten sectors of imports and exports in 36 states.
