Tuesday, September 9, 2025

China's Exports to Africa Surge While They Decline to US

 The New York Times published on 8 September 2025 an article titled "China's Exports to Africa Are Soaring as Trade to U.S. Plunges" by Daisuke Wakabayashi and Musinguzi Blanshe.  

China has gained a $60 billion trade surplus with Africa through August of this year.  It has exported $141 billion of goods and services to Africa as of the end of August and imported $81 billion from Africa.  China's exports to the United States have plunged 33 percent while those to Africa increased 26 percent.  As the US dismantles its foreign aid program and pulls back from Africa, China is presenting itself as an economic counterbalance.  

Comment:  The downside for Africa, however, is a long standing and increasing trade deficit with China, which even the elimination of Chinese tariffs cannot seem to reverse.