Saturday, August 24, 2013

Africa-China Trade

The Trade Law Center in South Africa published on 14 August 2013 a detailed spreadsheet on Africa-China trade and a synopsis of the latest Africa-China trade data and an evaluation of the Africa-China trading relationship over the last seven years.

China-Africa trade totaled $198 billion in 2012.  China's five major African trading partners were South Africa (30%), Angola (19%), Nigeria (5%), Egypt (5%) and Libya (4%).  In 2012, the five largest exporters to China were South Africa, Angola, Libya, Congo Republic and the DRC, all mineral and oil exporters.   The five largest importers of Chinese goods were South Africa, Nigeria, Egypt, Algeria, and Ghana.  In the past seven years, China's trade with Africa has accounted for between 3% and 5% of China's global trade. 

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