Strategically located on Africa’s west-central coast, the Federal Republic of Nigeria exported US$47.6 billion worth of goods around the globe in 2021. That dollar amount reflects a 16% increase since 2017 and a 42.6% acceleration from 2020 to 2021. Based on the average exchange rate for 2021, the Nigerian naira depreciated by -32% against the US dollar since 2017 and … [Read more...] about Nigeria’s Top Trading Partners
Africa
Top South African Trading Partners
Formerly called Zuid-Afrika, South Africa continues to cope with international trade challenges related to its geographic distances from South African trading partners like China, Germany and the United States. South Africa shipped US$123.8 billion worth of goods around the globe in 2021. That dollar amount reflects a 38.3% gain since 2017 and a 44.5% acceleration from 2020 to … [Read more...] about Top South African Trading Partners
Ethiopia’s Top Trading Partners
Located in the Horn of Africa on the Dark Continent’s northeastern coast, the Federal Democratic Republic of Ethiopia exported US$3.1 billion worth of goods around the globe in 2021. That dollar amount reflects a 6.8% increase from $2.9 billion 5 years earlier in 2017. From 2020 to 2021, Ethiopia’s most recent export total represents a 21.7% acceleration from $2.5 … [Read more...] about Ethiopia’s Top Trading Partners
Republic of the Congo’s Top 10 Exports
Located on the western coast of Central Africa, the Republic of the Congo shipped US$2.35 billion worth of exported products around the world in 2021. That dollar amount reflects a -71.5% plunge since 2017 and a -52.7% drop from 2020 to 2021. Alternatively called Congo-Brazzaville referring to the nation’s capital, the Congo Republic, the Congo or simply Congo, the Republic … [Read more...] about Republic of the Congo’s Top 10 Exports
Madagascar’s Top Trading Partners
Officially named the Republic of Madagascar, Madagascar is an island country in the Indian Ocean is located off Africa’s south-east coast. Madagascar exported US$2.7 billion worth of goods around the globe in 2021. That dollar amount reflects a -3.7% decrease since 2017 but a 38.2% increase from 2020 to 2021. Madagascar’s top 5 customers for its exported goods are France, … [Read more...] about Madagascar’s Top Trading Partners
