10 biggest exporters in Africa
In 2021 africa’s exports reached a total of 513.5 billion U.S. dollars. This sum of money is a 19.6% increase over the $429.3 billion for 2017 and a 30.7% increase over the $392.9 billion for 2020. Focusing on global standards, global exports from all nations were $21.513 trillion in 2021. As a result in 2021 it is predicted that 2.4% of the global exports will come from Africa. Over the five year from hapo 2017 exports from all nations climbed faster 22.5% than those from Africa. overall exports increased by 22.9% over the previous year but African exports saw a greater increase of 30.7 percent.
The top five exporting countries from Africa in 2021 were South Africa, Nigeria, Egypt,Algeria and Morocco. That significant group of African shippers produced more than half 557% of the continents total exports in terms of value. Comparing that percentage to the 52.9% share one year earlier, there has been an increase in concentration. Given that there are over 1.4 billion people living in Africa, the $513.5 billion in 2021 exports is nearly $365 per African citizen. The dollar amount is higher than the 2020 per capita average of $275 billion .Africa has one of the largest export industries in the world. stay with us today to find out who are the top exporters in Africa.
10. Ghana, $11.4 billion two .5% share African exports Ghana exports 40.3% of its total economic output through its two ports the 3900 square kilometre Tema harbour and Takoradi harbour, the primary export port of the nation. Precious metals and stones make up the majority of the nations exports. Africa’s top gold producer is Ghana . Exports of diamonds and precious metals totalled $3.5 billion or 34.4% of all exports. Mneral fuels including oil are next in line coming in at $2.6 billion or 25.4% of all exports. cocoa is the third largest export accounting for $2.5 billion in 2017 or 24.4% of total exports.
9. TUNISIA, $14.2 billion three-point 1% share in total Tunisia has 16 ports including the port of Tunis stacks less Keira and died in terminal. Electrical machinery and equipment make about $4 billion or 28.4% all exports from Tunisia with $2.2 billion in exports or 15.5% of all commodities clothing and accessories excluding knit or crochet common second place. knit or crochet did garments and accessories are the third largest export ,accounting for 893.3 million dollars or 6.4% of all exports.
8. Libya, $17.8 billion three-point 8% share with the capital city known as bride of the sea and a seaport that dates to the 6th century BC. Libya’s economy depends heavily on exports oil and other mineral fuels make up its largest export, with the value of $17.2 billion it represents 96.8% of all commodities exported from the nation. Copper exports come in at 87.7 million dollars 0.5% and iron and steel exports come in at a much lower 151.6 million 0.9%.
7. Morocco, $25.6 billion five .5% share the port of al hoceima Casablanca S Avira safi and Tangier are the five ports that make up Morocco. The port of Casablanca is the biggest and most well known. The port of Casablanca 21 million tonnes of electrical machinery which mean up 16.5% of all exports Xbox 1.2 is it total $3.4 billion or 13.3% of all exports fertilisers are third in terms of exports coming in at 2.6 billion dollars 10.1%
6. Egypt, $25.9 billion five .6% share. Egypt is a nation with a total of seven ports but the port of Alexandria is the countries genuine Nile jewel. It is regarded as the primary port for all of egypt’s international trade and is located on the West verge of the Nile Delta between the Mediterranean Sea and Marriott lake. Oil and other mineral fuels account for the greatest portion of exports accounting for $5.1 billion or 19.5% of all exports . Gems and precious metals are in second place accounting for 8.2% of all exports with a two point $1 billion market share. Electrical machinery and equipment exports ranked third in terms of value at $1.7 billion or 6.7% of all exports.
5. Angola, $34.8 billion seven .5% share Angola has four ports with Wanda serving as the largest more than 70% of all Imports and exports from the country are handled in Luanda angola’s capital and largest city, Luanda is also the nation’s most populous and significant city main port in significant industrial, cultural and urban hub . Mineral fuels and oil make up the majority of its exports $32.3 billion or 95.6% of all exports followed by gems and precious metals $1.2 billion or 3.5% and machinery including computers $46.4 million or 3.5% .
4. Algeria, $35.2 billion seven .6% share. There are 12 ports in Algeria, with the port of Algiers serving as the nation’s first ever commercial port . Mineral fuels including oil make up the majority of the nations exported goods with a value of $33.8 billion or 96.1% of all exports with $382.9 million or barely 1.1% of all exports inorganic chemicals are by a considerable margin the second largest export sector. Fertilisers coming third with sales of 327 million or 0.9% of the total.
3. Nigeria, $44.5 billion 9.6% share the logos port complex in tin can island port in Lagos port deltaport rivers port in Port Harcourt and on port are some of nigeria’s principle ports. Mineral fuels including oil make up 96% of Nigeria’s total exports and are the country’s largest export category with $39.1 billion in exports. ships and boats accounted for 0.6% of all exported commodities, making them the second largest industry . With a total export value of 200 and $38.1 million and a share of 0.6% of all exports , Coco was nigeria’s third largest exporting sector.
2. Guinea, $62.1 billion thirteen .4% share. Conakry and port camps are are Kenya’s 2 principle ports. The largest of the two ports port conakry has a maximum annual capacity of about 600,000 tubes and a full container storage capacity of about 8000 twos. The nation is the world’s largest reserve holder of boxing and a major exporter of the commodity. Bauxite, aluminium or $990 million and gold $1.54 bibillion. Exxports from Guinea account for almost 85% of all exports from the nanation.Additionally the company exports crude petroleum $41.9 million non fillet frozen fish $43.2 million and patrolling gas $154 million.
1. South Africa, 88.3 billion dollars 19.1% share. The South African government has highlighted the nations ports and terminals as major economic growth drivers as they are located along one of the busiest international sea routes. There are eight ports there but the port of Durban being the biggest and busiest in sub-Saharan Africa. Gems and precious metals made-up the majority of sa exports in 2017 amounting to $14.9 billion in total or 16.7% of all exports. The republic’s other exports are much higher than those of other African nations with drinks spirits and vinegar ranking as the 10th highest export category accounting for $1.4 billion. At $11.3 billion or slag and ash ranked second in terms of exports, making up 12.6% of all exports . Mineral fuels including oil ranked third in terms of exports with $10.6 billion or 11.8% of all exported items.
40 exporting nations in Africa had an increase in the value of exports between 2020 and 2021. The Central African Republic increased 110.1% sound Tom and principe of 152.4%, Cape Verde of 137.9%, Saint Helena of 196.9%, Libya up 224.4% Gambia increasing 400.2% from 2020 .Thank you so much for reading. For more like this please follow me and share this.
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