South Africa's export value in 2023 was almost double Nigeria's

In 2023, South Africa led Africa's exports with a value of $110.7 billion, nearly double Nigeria's $60.7 billion. Key exports include gems, vehicles, and mineral fuels.

The top 15 African exporters contribute 84% to the continent's trade, with South Africa, Nigeria, Algeria, Morocco, and Egypt leading with a combined 52%.

Source:
World's Top Exports
Period:
2023
HTML code to embed chart
Want a bespoke report?
Reach out
Tags
Related Insights

France and Spain lead as Nigeria’s top export markets in H1 2024
Nigeria's total exports reached ₦38.6 trillion in H1 2024 — ₦19.2 trillion in Q1 and ₦19.4 trillion in Q2. Spain led export destinations in Q2 with ₦2.01 trillion, followed by the US (₦1.86 trillion) and France (₦1.82 trillion).

Nigeria: Q1 2024 exports value reached more than half of 2023’s total exports
In Q1 2024, there was a 146% increase in Nigeria's foreign trade value from ₦12.9t in Q1 2023, with exports reaching ₦19.2t, and surpassing the whole of 2020's exports (₦12.5t). The total trade value in the quarter reached nearly half of the total trade in 2023.

Nigeria’s top five export destinations made up 44% of the total exports in 2023
Nigeria's exports amounted to ₦35.9 trillion in 2023, with the Netherlands its top destination accounting for ₦4.5 trillion, followed by Spain with ₦3.3 trillion. India and the United States were also top destinations. Here are Nigeria's top export destinations in 2023.

Top African countries by chocolate export value in 2020
On 2020's World Chocolate Day, an annual celebration of chocolate, we look at the top 12 African countries with the highest chocolate export value in 2020 -- a combined $421.43m.

Biggest chocolate exporters in the world in 2020
Apart from dominating the global cocoa industry in 2020, Ivory Coast — leading in African chocolate exports — is ranked 27th among the top chocolate exporters in the world. Here is how it compares with the world's top 10 chocolate exporters by value in 2020.

POPULAR TOPICS
SIGN UP TO OUR NEWSLETTER
Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form

A product of Techpoint Africa. All rights reserved