As of 2019, Africa registered an increase in merchandise imports only in the Western region of the continent. In the West, the growth rate was by 12.5 percent. In the other African regions, goods acquisitions in the international market slowed down. Overall in Africa, merchandise imports also declined.
Annual average growth rate of merchandise imports in Africa as of 2019, by region
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. (September 23, 2020). Annual average growth rate of merchandise imports in Africa as of 2019, by region [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1181554/annual-growth-rate-of-merchandise-imports-by-region-in-africa/
UNCTAD. "Annual average growth rate of merchandise imports in Africa as of 2019, by region." Chart. September 23, 2020. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1181554/annual-growth-rate-of-merchandise-imports-by-region-in-africa/
UNCTAD. (2020). Annual average growth rate of merchandise imports in Africa as of 2019, by region. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1181554/annual-growth-rate-of-merchandise-imports-by-region-in-africa/
UNCTAD. "Annual Average Growth Rate of Merchandise Imports in Africa as of 2019, by Region." Statista, Statista Inc., 23 Sep 2020, https://www.statista.com/statistics/1181554/annual-growth-rate-of-merchandise-imports-by-region-in-africa/
UNCTAD, Annual average growth rate of merchandise imports in Africa as of 2019, by region Statista, https://www.statista.com/statistics/1181554/annual-growth-rate-of-merchandise-imports-by-region-in-africa/ (last visited November 03, 2024)
Annual average growth rate of merchandise imports in Africa as of 2019, by region [Graph], UNCTAD, September 23, 2020. [Online]. Available: https://www.statista.com/statistics/1181554/annual-growth-rate-of-merchandise-imports-by-region-in-africa/