The value of merchandise imports into Africa was measured at nearly 510 billion U.S. dollars in 2020. In comparison to the previous year, the value for goods bought internationally declined. As of 2019, roughly 582.9 billion U.S. dollars were generated by the continent in merchandise trade.
Value of merchandise imports in Africa from 2005 to 2020
(in million U.S. dollars)
According to the source, international merchandise trade measures the value of goods which add or subtract from the stock of material resources of an economy by entering or leaving its territory (United Nations, 2011).
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UNCTAD. (June 8, 2021). Value of merchandise imports in Africa from 2005 to 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1181475/value-of-merchandise-imports-in-africa/
UNCTAD. "Value of merchandise imports in Africa from 2005 to 2020 (in million U.S. dollars)." Chart. June 8, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1181475/value-of-merchandise-imports-in-africa/
UNCTAD. (2021). Value of merchandise imports in Africa from 2005 to 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1181475/value-of-merchandise-imports-in-africa/
UNCTAD. "Value of Merchandise Imports in Africa from 2005 to 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 8 Jun 2021, https://www.statista.com/statistics/1181475/value-of-merchandise-imports-in-africa/
UNCTAD, Value of merchandise imports in Africa from 2005 to 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1181475/value-of-merchandise-imports-in-africa/ (last visited December 22, 2024)
Value of merchandise imports in Africa from 2005 to 2020 (in million U.S. dollars) [Graph], UNCTAD, June 8, 2021. [Online]. Available: https://www.statista.com/statistics/1181475/value-of-merchandise-imports-in-africa/