Annual merchandise trade balance of Africa with the EU 2014-2023

Published by
Doris Dokua Sasu,
Dec 9, 2024

In 2023, Africa registered a goods trade surplus of nearly 35 billion euros with the European Union (EU). In the previous year, a surplus of over 55.2 billion euros was achieved, the highest since 2014. In contrast, the highest trade deficit was recorded in 2016, at around 26.3 billion euros.

Goods trade balance of Africa with the European Union (EU) from 2014 to 2023 (in million euros)

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Sources

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Release date

December 2024

Region

Africa, EU

Survey time period

2014 to 2023

Special properties

all products

Supplementary notes

Initial source values were negated by Statista.

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Statistics on " EU-Africa trade "

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Other statistics that may interest you EU-Africa trade

Overview

7

Exports from Africa by region and country

8

Imports to Africa by region and country

8

Exports from Africa by product group

6

Imports to Africa by product group

6

Trade balance

6

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Topics

EU-Africa tradeInflation in AfricaRetail trade in EuropeAfrica-China relationsThe EU's international trade with non-EU countries
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