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Africa's Exports & Imports Rise Despite Middle East Conflict: WTO

Africa's Exports & Imports Rise Despite Middle East Conflict: WTO

Sputnik Africa

Africa's Exports & Imports Rise Despite Middle East Conflict: WTO Africa's exports grew by 14% in value—the second‑highest globally after... 01.08.2026, Sputnik Africa

2026-08-01T21:29+0200

2026-08-01T21:29+0200

2026-08-01T21:44+0200

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Africa's Exports & Imports Rise Despite Middle East Conflict: WTO Africa's exports grew by 14% in value—the second‑highest globally after Asia—driven by precious metals, gold, copper, fertilizers, and ores, even though cocoa and fuel exports declined, according to recent WTO/UNCTAD data.Other key points from the report: Imports grew 15% year‑on‑year, driven by vehicles, machinery, and ships, while aircraft and organic chemicals imports fell. Quarter‑on‑quarter export volume declined by 2.5% in the first quarter, but it is expected to rebound in the second quarter as petroleum producers increase output. Africa's cumulative import growth since the start of 2023 reached 25%, the highest of any region.Subscribe to @sputnik_africa Sputnik Africa | X

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