In 2019, the deficit in the trade balance of merchandise in Africa deteriorated to roughly 109.6 billion U.S. dollars, meaning that the import of goods in the continent surpasses merchandise exports. In the previous year, the balance of trade in Africa was at minus 93 billion U.S. dollars.
Trade balance of merchandise in Africa from 2005 to 2019
(in million U.S. dollars)
According to the source, services are understood as the result of a production activity that changes the conditions of the consuming units, or facilitates the exchange of products or financial assets.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
UNCTAD. (September 23, 2020). Trade balance of merchandise in Africa from 2005 to 2019 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1181807/trade-balance-of-merchandise-in-africa/
UNCTAD. "Trade balance of merchandise in Africa from 2005 to 2019 (in million U.S. dollars)." Chart. September 23, 2020. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1181807/trade-balance-of-merchandise-in-africa/
UNCTAD. (2020). Trade balance of merchandise in Africa from 2005 to 2019 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1181807/trade-balance-of-merchandise-in-africa/
UNCTAD. "Trade Balance of Merchandise in Africa from 2005 to 2019 (in Million U.S. Dollars)." Statista, Statista Inc., 23 Sep 2020, https://www.statista.com/statistics/1181807/trade-balance-of-merchandise-in-africa/
UNCTAD, Trade balance of merchandise in Africa from 2005 to 2019 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1181807/trade-balance-of-merchandise-in-africa/ (last visited November 12, 2024)
Trade balance of merchandise in Africa from 2005 to 2019 (in million U.S. dollars) [Graph], UNCTAD, September 23, 2020. [Online]. Available: https://www.statista.com/statistics/1181807/trade-balance-of-merchandise-in-africa/
