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China's African Trade Takeover
by Martin Armstrong,Jan 25, 2023
In 2000, China was the leading source of imports for only a few African countries: Sudan, Gambia, Benin and Djibouti. But as this infographics shows, 20 years later the Asian superpower is now the top supplier of goods for over 30 nations on the continent.
The China-Africa connection has been fostered intensely over the last two decades. As reported by Statista's research expert for Angola, Kenya and Tanzania, Julia Faria: "The value of Chinese exports to African countries jumped from five billion U.S. dollars to 110 billion". It's not just a one-way street, however: "African exports to China also increased, though at a slower pace. In 2020, total export value to China reached nearly 62 billion U.S. dollars, a slowdown caused by the Covid-19 pandemic. The growing Chinese demand for raw materials has found a strong supplier in Africa, with exports valued at around 14 billion U.S. dollars in 2020."
Far beyond being a simple trade relationship, China has been the largest foreign investor in Africa for a number of years now. Additionally, the country was the source of 25 percent of infrastructure funding in the continent in 2018 - the second highest share that year and only second to the financial commitments from national African governments.
![26668.jpeg](/proxy.php?image=https%3A%2F%2Fcdn.statcdn.com%2FInfographic%2Fimages%2Fnormal%2F26668.jpeg&hash=23994fe0fcab3ce2252c1d01f93079b2)
![www.statista.com](/proxy.php?image=http%3A%2F%2Fcdn.statcdn.com%2FInfographic%2Fimages%2Fnormal%2F26668.jpeg&hash=f3cdacb5c723f750624508f4818babeb&return_error=1)
Infographic: China's African Trade Takeover
This chart shows the top source country for imports in African countries in 2000 and 2020.
![www.statista.com](/proxy.php?image=https%3A%2F%2Fwww.statista.com%2Ffavicon-48x48.png&hash=0ff25d3966b68a7c7d74d3499db59eb2&return_error=1)