Djibouti’s inflation reached a peak in 2022, with 5.18%, the highest in the past decade.
The lowest inflation rate occurred in 2015, with a negative value of -0.85%.
From 2014 to 2023, Djibouti experienced fluctuating inflation, with increases in 2016, 2019, and 2022.
Between 2022 and 2023, inflation decreased from 5.18% to 1.50%.
The year 2018 saw the lowest inflation among positive rates, with a modest 0.15%.
The overall trend shows periodic inflation spikes, particularly in 2016, 2019, and 2022, while other years maintained relatively stable or lower inflation.
Mexico ranked as the leading destination for the US' agricultural exports in 2024, with a total value of $30.32 billion (17.2% of total agricultural exports).
North American neighbours, Mexico and Canada, collectively accounted for 33.3% of total US agricultural exports.
China was the third-largest market, importing $24.65 billion (14%) of the US' agricultural products.
Asian markets, including China, Japan, South Korea, Taiwan, the Philippines, and Vietnam, collectively absorbed 31.7% of the US' agricultural exports.
The top three markets (Mexico, Canada, and China) made up 47.3% of the US' total agricultural export value.
The top 10 markets accounted for 74.8% of the US' agricultural exports, totalling $131.85 billion.
Cocoa products, including paste, butter, and beans dominated the US' agricultural imports from Sub-Saharan Africa in 2024, making up nearly one-third of the total.
Other major import categories included coffee, seafood, oilseed meals, and tree nuts, rounding out the top six.
The top 10 agricultural imports accounted for 74% of all the US' agricultural imports from the region.
Each of the top 10 products had an import value exceeding $120 million.
From SSA, Côte d'Ivoire and Ghana were the leading suppliers of cocoa products to the US in 2024.
The top three products together represented 41% of the total agricultural imports from the region.
