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China-Africa Bilateral Trade (1992 – 2018)

While United States trade with Africa has been declining over the years, China‘s trade with Africa – both imports and exports, is steadily increasing as shown by the upward trend.

A few takeaways:

  • Despite weak commodity prices, Africa’s export to China has increased rapidly from 2016, catching up to the imports from China. Ceteris paribus, will Africa see a trade surplus with China within the next two years?
  • In 2018, the largest buyer of Chinese goods was South Africa ($16.2b), followed closely by Nigeria ($13.4b) and Egypt ($11.9b).
  • Overall, China has imported most goods from Angola, followed by South Africa and Republic of the Congo. Interestingly, Angola is also the largest recipient of Chinese loans, with $42.8b disbursed over 17 years.

More details on the China-Africa Research Initiative (CARI) can be found here.

**Kindly explore the interactive dashboard below.

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