Tuesday, March 10, 2026
  • About
  • Advertise
  • Careers
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries
  • Login
No Result
View All Result
Home News

China-Africa Trade Surges 12.4% to $134 Billion in First Five Months of 2025

Kehinde Giwa by Kehinde Giwa
June 9, 2025
in News
0
China-Africa Trade Surges 12.4% to $134 Billion in First Five Months of 2025
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

China-Africa trade has seen a significant boost, soaring 12.4% in the first five months of 2025 to reach $134 billion. However, Africa’s share of China’s total foreign trade remains relatively small at 5.4%.

According to China’s General Administration of Customs, Africa’s exports to China increased by 1.6% to $50.6 billion, while China’s exports to Africa jumped 20.2% year-on-year to $83.4 billion.

Related posts

Nigeria: Dangote Refinery Cuts Petrol Price by ₦100 to ₦1,075 per Litre

Nigeria: Dangote Refinery Cuts Petrol Price by ₦100 to ₦1,075 per Litre

March 10, 2026
Nigeria: Rivers Senator Ipalibo Banigo Joins APC, Citing Internal PDP Divisions

Nigeria: Rivers Senator Ipalibo Banigo Joins APC, Citing Internal PDP Divisions

March 10, 2026

This growth highlights a persistent trade imbalance, with Africa exporting raw materials like crude oil, agricultural products, and minerals, while importing Chinese manufactured goods such as machinery, electronics, textiles, and vehicles.

Despite this growth, African leaders have been urging China to increase imports of processed goods to narrow the trade deficit and boost industrialization on the continent.

In response, China introduced zero-tariff policies for 33 African nations classified as least-developed countries in December 2024, aiming to stimulate exports from these countries.

China remains Africa’s largest trading partner, and the trade relationship continues to deepen, with China exporting new energy vehicles, lithium batteries, and photovoltaic products to Africa, which surged year-on-year by 291%, 109%, and 57% respectively in 2023.

Previous Post

Kenyan Blogger Dies in Custody After Arrest Over Online Post, Sparking Outrage

Next Post

Ivory Coast’s Billon Throws Hat into Presidential Ring

Next Post
Ivory Coast’s Billon Throws Hat into Presidential Ring

Ivory Coast's Billon Throws Hat into Presidential Ring

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Iran and Sudan Strengthen Economic Ties with New Trade Cooperation Agreement

Iran and Sudan Strengthen Economic Ties with New Trade Cooperation Agreement

1 year ago
Shettima Departs Abuja For UN General Assembly in New York

Shettima Departs Abuja For UN General Assembly in New York

6 months ago
DRC Returns Chinese Mineral Shipments With High Radiation Levels

DRC Returns Chinese Mineral Shipments With High Radiation Levels

2 years ago
WHO Approves First Mpox Diagnostic Test

WHO Approves First Mpox Diagnostic Test

1 year ago

BROWSE BY CATEGORIES

  • Beautiful Cities
  • Business
  • Culture
  • Discoveries
  • Entertainment
  • Features
  • Info-Data
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Travel
  • Uncategorized
  • Weather

POPULAR NEWS

  • BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Protesters Storm Lagos Assembly with Banners Reading ‘We Don’t Have a Place to Live’

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Popular ‘The New Masquerade Actress’ Ovularia Dies at 81

    0 shares
    Share 0 Tweet 0
  • Finding the Right Balance Between Product-Led Growth and Project Delivery – Ese Onogoro

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE: Nigeria High Commission in London Faces Backlash Over Use of Redeemed Churches for Passport Exercise

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2023 AAN TV - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries

© 2023 AAN TV - All rights reserved.