China-AfricaTradeandInvestmentReport1
Sino-AfricaTrade1
1TradeScaleSino-Africatradestartedat$12
14millionin1950
Atpresent,ChinaisthelargestbusinesspartnerwithAfrica,andAfricaisoneofthemostdecisiveimportsourcesofChina
During2003to1H2013,Sino-Africatradekeptrisingdespiteofslightfluctuations
In2006itexceeded$50billionforthefirsttime
Furthermore,in2008,$100billiontradevolumebenchmarkwasbrokethrough
In2009,ChinabecameAfrica'sNo
1tradepartner
Evenduringtheslackglobaleconomicrecoveryin2012,thequantityjumpedto$198
48billion,increasing19
3%year-onyear
Ofthis,US$85
319billionconsistedofChina'sexportstoAfrica,up16
7%,andUS$113
171billionwascontributedbyChina'simportsfromAfrica,up21
TotalChina-Africatradevolume,China'sexportvolumetoAfricaandChina'simportvolumefromAfricaallr