The Persistent China-Africa Trade Imbalance — Is It China’s Fault?

A cargo ship loaded with containers docks at the port of Lianyungang, in Jiangsu Province, eastern China, on August 7, 2024. AFP Images.

Every year, trade figures between China and Africa highlight a significant imbalance. While Chinese authorities celebrate the growing volume of trade – $295 billion in 2024, compared to $282 billion in 2023 – African leaders have legitimate concerns about a trade deficit heavily skewed in China’s favor.

Data published by China’s General Administration of Customs website last week underscores this reality: China exported $178 billion worth of goods to Africa but imported only $116 billion, primarily in raw materials. This leaves Africa with a trade deficit of nearly $62 billion.

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