China’s financial hub Shanghai saw its foreign trade with African countries grow 9.4 percent year on year to 218 billion yuan ($30.7 billion) in the first seven months of 2024, official data showed on Tuesday. That volume accounted for 18.4 percent of total China-Africa trade during the January-July period, according to the city’s customs bureau.
During this period, the value of agricultural products imported from Africa through Shanghai ports reached 5.43 billion yuan, a year-on-year increase of 18%.
African specialty agricultural products have become a key aspect of China-Africa economic and trade cooperation. For example, more than 6,000 tons of sesame from African countries including Tanzania, Niger and Burkina Faso were handled at Wusong Port in Shanghai in the first seven months.
China has remained Africa’s largest trading partner for 15 consecutive years, with bilateral trade rising 5.5 percent year on year to 1.2 trillion yuan from January to July, according to the General Administration of Customs.
Source: https://www.chinahoje.net/xangai-ve-crescente-comercio-exterior-com-africa-entre-janeiro-e-julho/
