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AFRICA
INTRODUCTION
MACRO ECONOMIC
INDICATORS
AFRICA
Trade between China and Africa increased by 700%
during the 1990s,and China is currently Africa's
largest trading partner
Chinas export to African countries extends to various
commodities such as transportation, textiles, machines
and machinery goods, plastic and rubber, and
chemicals, according to a report by IMF and Africa
research institute
Chinas import with Africa is again largely driven by
some selective countries such as South Africa, Angola,
Libya, Congo, Guinea that collectively account for more
than 75% of the total imports from the region.
The selectivity is also in terms of the type of products
mainly oil. Until 2008, mineral oils, and related
materials accounted for more than 45% of the total
imports of China from Africa.
EXPORTS TREND
South Africa
18000000
Nigeria
14000000
16000000
12000000
14000000
10000000
12000000
10000000
Year
8000000
India
China
6000000
8000000
Year
India
6000000
China
4000000
4000000
2000000
2000000
0
0
1
Kenya
9 10 11 12 13
Tanzania
4500000
4000000
4000000
3500000
3500000
3000000
3000000
9 10 11 12 13
2500000
2500000
Year
2000000
India
China
1500000
1000000
500000
500000
0
2
9 10 11 12 13
India
China
1500000
1000000
Year
2000000
9 10 11 12 13
IMPORTS TREND
South Africa
Nigeria
60000000
16000000
14000000
50000000
12000000
40000000
10000000
Year
30000000
India
China
20000000
Year
8000000
India
China
6000000
4000000
10000000
2000000
0
1
9 10 11 12 13
Libya
7000000
6000000
6000000
5000000
5000000
Congo
9 10 11 12 13
4000000
4000000
Year
India
3000000
China
2000000
1000000
0
2
9 10 11 12 13
India
China
2000000
1000000
Year
3000000
9 10 11 12 13
A COMPARITIVE STUDY
Imports Continued..
Exports Continued..
MAJOR ECONOMIES IN
AFRICA
CONCLUSION
This study was an attempt to understand
the emergence of Africa as a new focal
point in world trade and how does the two
major economies of Asia- India and China
have recently seen it as a major trade
partner.
By this study we can conclude both India
and China see Africa as a major strategic
partner in trade.
Exports, imports and overall economic
relations with the African countries is
supposed to be a new playground for the