The value of African bilateral trade was about $500 billion in 2020. This is after the 300% growth recorded over the last 20 years in bilateral trade between African countries and the rest of the world The European Union (EU), China, and the United States are the largest trading partners for African countries.
Nigeria's goods imports were about $52 billion in 2021. its main trading partners are China, the EU, the US, India and the UK.
Ghana's goods imports were about $14 billion in 2021. Ghana's largest import partners are China, the United States, and the United Kingdom.
South Africa’s goods imports over $113 billion in 2021. Due to its higher level of industrialisation and development, South Africa imports a wide range of goods and services such as capital goods, consumer goods, raw materials, and semi-finished products. The country's largest import partners are China, the United States, and Germany.
Kenya imported $20 billion worth of goods in 2021. Kenya imports a wide range of consumer goods, raw materials, and semi-finished products. Kenya's largest import partners are China, the United Arab Emirates, and India.
Ivory Coast goods imports were $14 billion in 2021. Its largest import partners are China, France, and Belgium. Senegal's goods imports were over $9 billion in 2021. Its largest import partners are China, France, and India.
Recently, African countries have adopted the AfCFTA among the 53 countries. This is to stimulate trade and investment growth among African countries. There are also regional economic blocs such as ECOWAS and SADC which have sought to integrate their economies economically with limited success.