Exports from Africa were worth a total US$600.7 billion for 2023. That dollar amount reflects a 26.7% increase compared to $474.3 billion five years earlier in 2019. Year over year, the total value of products exported from Africa declined by -11.3% compared to $677.5 billion for 2022. Shifting our focus to global benchmarks, worldwide exports from all countries equaled … [Read more...] about Top African Export Countries
Africa
Kenya’s Top 10 Exports
Located on the equator and along Africa’s eastern coast, the Republic of Kenya shipped US$7.22 billion worth of exported products around the globe in 2023. That dollar amount reflects a 23.7% advance over the 5-year period starting from $5.84 billion in 2019. Year over year, Kenya’s total sales from exports fell by -2.4% compared to $7.4 billion during 2022. Based on the … [Read more...] about Kenya’s Top 10 Exports
Nigeria’s Top 10 Imports
Nigeria spent US$60.6 billion worth of products from around the world in 2023, inflating by 27.8% from $47.4 billion five years earlier in 2019. From 2022 to 2023, the total cost of Nigerian imports flatlined via a modest 0.1% upturn compared to $60.5 billion the year prior. Nigeria’s 4 most valuable imported products were refined petroleum oils, armored vehicles including … [Read more...] about Nigeria’s Top 10 Imports
Nigeria’s Top 10 Exports
A Western African nation surrounded by Benin, Chad, Cameroon and Niger, the Federal Republic of Nigeria shipped US$60.7 billion worth of exported products around the world in 2023. That dollar amount reflects a 13.1% advance from $53.6 billion five years earlier during 2019. Year over year, the total value of Nigerian exports slipped by -4.2% compared to $63.3 billion for … [Read more...] about Nigeria’s Top 10 Exports
Madagascar’s Top 10 Imports
An island nation in the Indian Ocean near the East African coast, Madagascar’s imports cost a total US$4.8 billion in 2023. That dollar amount reflects a 23.4% increase from $3.9 billion five years earlier in 2019. From 2022 to 2023, the overall cost of Madagascar’s imported products fell by -12.2% starting from $5.5 billion. Based on the average exchange rate for 2023, the … [Read more...] about Madagascar’s Top 10 Imports