CHINA> National
China-Africa trade up 45% in 2008 to $107 billion
Updated: 2009-02-11 23:23
Web Survey

President Hu is on a visit to Saudi Arabia and four African countries. Do you think the visit will help related countries to better cope with the unfolding global economic crisis?

Yes No No idea

Submit View Results Comments

BEIJING -- Trade between China and Africa reached a record US$106.84 billion in 2008, up 45.1 percent from a year earlier, customs figures showed Wednesday.

Exports to Africa reached US$50.84 billion, up 36.3 percent. Imports from Africa hit US$56 billion, up 54 percent.

Full Coverage:
 Hu Visits Five Nations

Related readings:
 President to visit Africa to consolidate friendship
 Africa trip not just about oil: Official
 China mullls zero-tariff expansion in Africa
 China's contribution to Africa

China had a trade deficit of US$5.16 billion with Africa in 2008, compared with a surplus of US$940 million in 2007.

The number of African countries with which China had more than US$1 billion in trade increased to 20 in 2008 from 14 in 2007.

Angola remained China's largest trading partner in Africa and South Africa came the second.