Exports from Africa were worth US$552 billion in 2014, up 11.3% since 2010 but down 5.8% from 2013. African exports represent an estimated 3% of total world exports which were $18.7 trillion during 2014.
Based on statistics from the International Monetary Fund’s World Economic Outlook Database, the total Gross Domestic Product for African countries amounted to roughly $5.486 trillion in 2014.
Therefore, exports account for about 10% of Africa’s total economic output.
Given Africa’s population of about 1.148 billion people, the total $552 billion in 2014 African exports translates to roughly $475 for every person on the continent.
Based on statistics from the International Monetary Fund’s World Economic Outlook Database, the total Gross Domestic Product for African countries amounted to roughly $5.486 trillion in 2014.
Therefore, exports account for about 10% of Africa’s total economic output.
Given Africa’s population of about 1.148 billion people, the total $552 billion in 2014 African exports translates to roughly $475 for every person on the continent.
Below are the top African export countries that achieved the highest dollar value in global shipments during 2014. Also shown is each country’s overall share of African exports.
|
|
Exporters
|
2014 Exports
|
% African Total
|
|
1.
|
Nigeria
|
US$93.6 billion
|
17%
|
|
2.
|
South Africa
|
$90.6 billion
|
16.4%
|
|
3.
|
Angola
|
$63.7 billion
|
11.5%
|
|
4.
|
Algeria
|
$63.2 billion
|
11.5%
|
|
5.
|
Egypt
|
$26.8 billion
|
4.9%
|
|
6.
|
Morocco
|
$23.7 billion
|
4.3%
|
|
7.
|
Libya
|
$20.1 billion
|
3.6%
|
|
8.
|
Tunisia
|
$16.4 billion
|
3%
|
|
9.
|
Côte d'Ivoire
|
$13 billion
|
2.4%
|
|
10.
|
Equatorial Guinea
|
$12.9 billion
|
2.3%
|
http://www.worldstopexports.com/top-african-export-countries/1866
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