Trade Volume Between China and Africa Reached $282 Billion

Trade Volume Between China and Africa Reached Billion Dollars
Trade Volume Between China and Africa Reached $282 Billion

According to data from the Chinese Customs Department, the volume of trade relations between China and Africa has reached $2021 billion, an increase of 11 percent compared to the previous 282.

In this context, it is stated that China's largest trade partner in the African continent is South Africa, a BRICS like itself, and the trade volume with this country in 2022 reached 56,74 billion dollars.

On the other hand, China's exports of 2022 billion dollars to Africa in 164,49 mostly consist of manufactured goods (textile/clothing, machinery, electronics, etc.); On the other hand, it is reported that Africa's exports of 117 ​​billion dollars to China in the same period generally include raw materials such as crude oil, copper, cobalt and iron ore.