China-Africa trade hit US$282 billion in 2023 but Africa's trade deficit widens, with commodity prices a key factor

Africa’s trade deficit expanded to US$64 billion as China recorded a drop in trade with top partners on continent – South Africa, Angola, Nigeria, the DRC and Egypt – which are predominantly resource-rich nations.

Related Keywords

Russia ,Congo ,Brazil ,Nigeria ,South Africa ,New Zealand ,Ukraine ,University Of Cape Town ,Western Cape ,China ,Egypt ,Johannesburg ,Gauteng ,Beijing ,Hong Kong ,Angola ,Jiang Wei ,Jiangxi ,Sydney ,New South Wales ,Australia ,Chinese ,Lauren Johnston ,Carlos Lopes ,University Of Sydney China Studies Centre ,Nelson Mandela School Of Public Governance ,West Asian ,Democratic Republic ,China Studies Centre ,Nelson Mandela School ,Public Governance ,Cape Town ,Chinese President Xi Jinping ,China Africa Trade Deficit ,Hina Africa Trade Figures ,China Africa Trade ,Cobalt China ,Africa Commodities ,Frica Oil Exports ,