As of 2023, total trade in Africa amounted to around 1.3 trillion U.S. dollars. This decreased by nearly seven percent from the previous year when a peak was registered considering the period observed. According to the source, the continent contributed close to three percent of the global trade in 2023.
Total merchandise trade in Africa from 2015 to 2023
(in billion U.S. dollars)
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Afreximbank. (August 27, 2024). Total merchandise trade in Africa from 2015 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/1499917/annual-total-merchandise-trade-in-africa/
Afreximbank. "Total merchandise trade in Africa from 2015 to 2023 (in billion U.S. dollars)." Chart. August 27, 2024. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/1499917/annual-total-merchandise-trade-in-africa/
Afreximbank. (2024). Total merchandise trade in Africa from 2015 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/1499917/annual-total-merchandise-trade-in-africa/
Afreximbank. "Total Merchandise Trade in Africa from 2015 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Aug 2024, https://www.statista.com/statistics/1499917/annual-total-merchandise-trade-in-africa/
Afreximbank, Total merchandise trade in Africa from 2015 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1499917/annual-total-merchandise-trade-in-africa/ (last visited December 24, 2024)
Total merchandise trade in Africa from 2015 to 2023 (in billion U.S. dollars) [Graph], Afreximbank, August 27, 2024. [Online]. Available: https://www.statista.com/statistics/1499917/annual-total-merchandise-trade-in-africa/