Quartz Africa published on 8 February 2022 an article titled "Trade between Africa and China Reached an All-time High in 2021" by Carlos Mureithi.
In 2021, China-Africa trade reached $254 billion, surpassing the previous high reached in 2015. However, China continues to maintain a significant trade surplus with African countries and China-Africa trade constitutes less than 4 percent of China's global trade.
China's trade is also heavily concentrated in a small number of mostly resource rich African countries. In 2021, more than half of all China-Africa trade (exports and imports) was with South Africa (21 percent), Nigeria (10 percent), Angola (9 percent), Egypt (8 percent), and DRC (6 percent). More than half of China's exports to Africa went to Nigeria, South Africa, Egypt, Ghana, and Kenya. Five African countries--South Africa, Angola, DRC, Republic of Congo, and Zambia--accounted for 71 percent of all exports to China.
