In 2035, on the condition that there are no new policy implementations in international trade in Africa (baseline scenario), intracontinental imports in Africa are expected to cover 15 percent of the total imports. Botswana, with 71 percent of imports in 2020, would account for the highest share of the imports in 2035, at 72 percent, compared to the other African countries. Also, under African Continental Free Trade Area (AfCFTA) initiatives, intra-AfCFTA imports are forecast to remain highest in Botswana, with 72 percent of its total imports, followed closely by Namibia with 71 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) imports in total imports 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) imports in total imports in 2020 and 2035, by country and scenario [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1332351/share-of-intra-afcfta-imports-in-total-imports-by-country/
World Bank. "Share of intra-African Continental Free Trade Area (AfCFTA) imports in total imports in 2020 and 2035, by country and scenario." Chart. July 27, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1332351/share-of-intra-afcfta-imports-in-total-imports-by-country/
World Bank. (2020). Share of intra-African Continental Free Trade Area (AfCFTA) imports in total imports in 2020 and 2035, by country and scenario. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1332351/share-of-intra-afcfta-imports-in-total-imports-by-country/
World Bank. "Share of Intra-african Continental Free Trade Area (Afcfta) Imports in Total Imports in 2020 and 2035, by Country and Scenario." Statista, Statista Inc., 27 Jul 2020, https://www.statista.com/statistics/1332351/share-of-intra-afcfta-imports-in-total-imports-by-country/
World Bank, Share of intra-African Continental Free Trade Area (AfCFTA) imports in total imports in 2020 and 2035, by country and scenario Statista, https://www.statista.com/statistics/1332351/share-of-intra-afcfta-imports-in-total-imports-by-country/ (last visited November 21, 2024)
Share of intra-African Continental Free Trade Area (AfCFTA) imports in total imports in 2020 and 2035, by country and scenario [Graph], World Bank, July 27, 2020. [Online]. Available: https://www.statista.com/statistics/1332351/share-of-intra-afcfta-imports-in-total-imports-by-country/