BEIJING - The size of China’s bilateral trade with Africa in 2023, according to the country’s ministry of commerce.
Data from the Chinese customs shows exports to Africa rose by 7.5% to $173 billion, but imports declined by around 7% to $109 billion.
China has been extensively involved in financing and building infrastructure across the continent in the past decade, including rail, ports and roads.
It has also opened up its market to more goods from the continent.
China is also the continent’s largest source of imports and sub-Saharan Africa’s largest individual country trading partner in the last 20 years, IMF figures show.
