According to data from the General Administration of Customs of China:
In 2023, the trade volume between China and Africa reached 282.1 billion US dollars, a year-on-year increase of 1.5%.
In the first seven months of 2024, China's imports and exports to Africa amounted to 1.19 trillion yuan, a year-on-year increase of 5.5%
China has maintained its position as Africa's largest trading partner for 15 consecutive years.
In 2023, China's exports of new energy vehicles, lithium batteries, and photovoltaic products to Africa increased by 291%, 109%, and 57% year-on-year, respectively;
The increase in imports of nuts, vegetables, flowers, and fruits from Africa was 130%, 32%, 14%, and 7%, respectively.
In the first seven months of this year, China's intermediate goods trade with Africa increased by 6.4%, accounting for 68% of the total import and export value of China and Africa, and contributing to Africa's industrialization and economic diversification process.
