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Radiography Of African Trade

Author

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  • George Cornel Dumitrescu

Abstract

In the last decades, trade performance of the African countries has seen significantimprovements. This is due, on the one hand, to enhanced bilateral trade with emerging economies,especially China, India and Brazil, whose “appetite” for resources was an important stimulus. On theother hand, it is the result of increased regional integration in the ”Dark Continent”, through theestablishment of the Tripartite Free Trade Area and the advanced talks on the creation of theContinental Free Trade Area. Nevertheless, according to trade in goods statistics by regions andcountries, Africa ranks last.This paper aims to give an analysis of the African countries’ commercial relations with therest of the world, based on UNCTAD statistics and literature provided by the IMF, WTO, OECD, andAfDB (African Development Bank).

Suggested Citation

  • George Cornel Dumitrescu, 2016. "Radiography Of African Trade," Impact of Socio-economic and Technological Transformations at National, European and International Level (ISETT), Institute for World Economy, Romanian Academy, vol. 12.
    • Handle: RePEc:iem:imptrs:v:12:y:2016:id:2822000009619007
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    File URL: http://www.iem.ro/rem/index.php/itset/article/view/265/335
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    More about this item

    Keywords

    trade; Africa; exports; Tripartite Free Trade Area;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • N77 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Africa; Oceania
    • Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Issues in International Trade

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