Trade activity between African nations and China experienced consistent growth during the first seven months of this year, according to official data released today by China’s General Administration of Customs.
The data indicated a 5.5 percent year-on-year increase in trade between China and Africa, with the total reaching 1.19 trillion yuan (approximately 166.6 billion US dollars) from January to July. This marks the continuation of China being Africa’s largest trading partner for 15 consecutive years.
In 2023, trade between China and Africa reached a record high of 282.1 billion US dollars, reflecting a 1.5 percent year-on-year increase. Notably, in the same year, China’s exports of new energy vehicles, lithium batteries, and photovoltaic products to Africa surged by 291 percent, 109 percent, and 57 percent year-on-year, respectively.
Additionally, China’s imports of African nuts, vegetables, flowers, and fruits saw significant rises—130 percent, 32 percent, 14 percent, and 7 percent, respectively, compared to 2022.
