In 2035, on the basis that there are no new policy implementations in international trade in Africa (baseline scenario), intracontinental exports from Africa are expected to cover 15 percent of the total exports. Senegal, with 36 percent of the exports in 2020, would account for the highest share of the exports in 2035, at 41 percent, compared to the other African countries. Also, under African Continental Free Trade Area (AfCFTA) initiatives, intra-AfCFTA exports are forecast to remain highest in Senegal, with 50 percent of its total exports, followed by Kenya with 43 percent.
In May 2019, the AfCFTA agreement officially entered into force after 22 African countries had ratified it. The agreement sought to boost inter-regional trade.
Share of intra-African Continental Free Trade Area (AfCFTA) exports in total exports in 2020 and 2035, by country and scenario
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World Bank. (July 27, 2020). Share of intra-African Continental Free Trade Area (AfCFTA) exports in total exports in 2020 and 2035, by country and scenario [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1332321/share-of-intra-afcfta-exports-in-total-exports-by-country/
World Bank. "Share of intra-African Continental Free Trade Area (AfCFTA) exports in total exports in 2020 and 2035, by country and scenario." Chart. July 27, 2020. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1332321/share-of-intra-afcfta-exports-in-total-exports-by-country/
World Bank. (2020). Share of intra-African Continental Free Trade Area (AfCFTA) exports in total exports in 2020 and 2035, by country and scenario. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1332321/share-of-intra-afcfta-exports-in-total-exports-by-country/
World Bank. "Share of Intra-african Continental Free Trade Area (Afcfta) Exports in Total Exports in 2020 and 2035, by Country and Scenario." Statista, Statista Inc., 27 Jul 2020, https://www.statista.com/statistics/1332321/share-of-intra-afcfta-exports-in-total-exports-by-country/
World Bank, Share of intra-African Continental Free Trade Area (AfCFTA) exports in total exports in 2020 and 2035, by country and scenario Statista, https://www.statista.com/statistics/1332321/share-of-intra-afcfta-exports-in-total-exports-by-country/ (last visited November 19, 2024)
Share of intra-African Continental Free Trade Area (AfCFTA) exports in total exports in 2020 and 2035, by country and scenario [Graph], World Bank, July 27, 2020. [Online]. Available: https://www.statista.com/statistics/1332321/share-of-intra-afcfta-exports-in-total-exports-by-country/
