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In the first half of 2022, Nigeria maintained its position as China's largest export destination in Africa.
08-18
According to the latest statistics from China Customs, in the first half of 2022, the bilateral trade volume between China and Nigeria reached US$12.02 billion, a year-on-year increase of 7.1%. Among them, China's exports to Nigeria were US$11.01 billion, a year-on-year increase of 10.2%; imports from Nigeria were US$1.02 billion, a year-on-year decrease of 17.7%; and the trade surplus was US$9.99 billion, a year-on-year increase of 14.1%. Nigeria continues to maintain its position as China's largest export destination and third largest trading partner in Africa (the top two trading partners are South Africa and Angola).
In addition, in the first half of 2022, China's trade volume with the 15 member states of the Economic Community of West African States (ECOWAS) reached US$33.29 billion, a year-on-year increase of 16.8%. Among them, China's exports to ECOWAS were US$26.96 billion, a year-on-year increase of 15.3%; and imports from ECOWAS were US$6.32 billion, a year-on-year increase of 23.8%. Nigeria accounts for 36.1% of China's trade with ECOWAS.
Source: Official Website of the Ministry of Commerce of the People's Republic of China
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