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a. Growth rate of Africa's exports

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Harry G. Broadman - Africa\'s Silk Road China and India\'s New Economic Frontier (2007, World Bank Publications) - libgen.li
Morley, David - The Cambridge introduction to creative writing (2011) - libgen.li

Product Composition of the African-Asian Merchandise Trade Structure

a. Growth rate of Africa's exports
by destination
1 1.4 15 7
12 19 20 15 0
5 10 15 20 25 30
EU
United States
Asia
Africa
EU
United States
Asia
Africa
1990–95 2000–05 48 33 9
10 32 29 27 12 10 20 30 40 50 60 1990 2005
b. Share of Africa's exports
by destination
percent
percent
Source: IMF Direction of Trade Statistics.
Note: The growth rate is the simple average of annual growth rates in the respective period.
FIGURE 2.10
Growth and Proportional Change in Africa’s Export Destinations 1990–2005
FIGURE 2.11
Growth and Proportional Change in Africa’s Import Origins 1990–2005
a. Annual average growth rate of Africa's
merchandise imports by origin
4.0 6.1 13 7
12 13 18 14 0
4 8
12 16 20
EU
United States
Asia
Africa
EU
United States
Asia
Africa
1990–95 2000–05
b. Share of Africa's imports by origin
63 10 23 4
43 9
33 15 0
10 20 30 40 50 60 70 1990 2005
percent
percent
Source: IMF Direction of Trade Statistics.
Note: The growth rate is the simple average of annual growth rates in the respective period. Asia includes Afghanistan,
Bangladesh, Brunei, Cambodia, China (including Hong Kong and Macao, India, Indonesia, Japan, the Democratic People’s Republic of Korea, the Republic of Korea, the Lao People’s Democratic Republic, Malaysia, Maldives, Mongolia, Myanmar, Nepal, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan (China, Thailand, and Vietnam.
02-Chap2:02-Chap2 10/9/06 2:41 PM Page 71

72
AFRICA
’
S SILK ROAD
:
CHINA AND INDIA
’
S NEW ECONOMIC FRONTIER
only to the EU. In comparison, Africa receives only 9 percent of its total imports from the United States.
Product Composition of the African-Asian Merchandise Trade
Structure
Table 2.2 presents the product group-destination matrix of Africa’s merchandise exports. The composition of exports is broadly based both for exports to the EU and for intra-African markets, whereas the exports to the United States and Asia are more concentrated in natural resources.
Africa’s exports to Asia consist mainly of primary commodities, including oil, non-oil minerals, metals, and agricultural raw materials, accounting for 86 percent of exports to Asia. Approximately 47 percent of Africa’s exports to Asia comprise oil and natural gas, which represent 12 percent of
TABLE 2.2

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