In the first half of 2020 Russian exports to Africa amounted to $4,435 mln, a decline of 29% ($1,771 mln) compared to the same period of 2019. Almost all of this gap (95% or $1,664 mln) is due to a noticeable drop in exports to Egypt. The largest decrease is registered in ferrous metals (-$145 million) and land transport equipment excluding railway and trams (-$98 mln). Still, Egypt holds first place in the total amount of exports with $1,327 mln in 2020.
In the first half of 2020 Russian exports to Africa amounted to $4,435 mln, a decline of 29% ($1,771 mln) compared to the same period of 2019. Almost all of this gap (95% or $1,664 mln) is due to a noticeable drop in exports to Egypt.
The second export market in Africa (after Egypt) was again Algeria ($1,009 billion), followed by Morocco, Senegal, and Tunisia with a wide margin: $389 mln (+14%), $235 mln (-43%), and $193 mln (-23%) respectively. These 5 amounted to more than 70% of Russia’s total exports to Africa. In the same period a year ago, the TOP-5 were the same, but Senegal was the 3rd and Morocco 4th.
The sharpest decline was detected with Chad (-97%), followed by Djibouti (-88%), Ethiopia (-74%), Zambia (-70%), and Egypt (-56%). In total, a downturn of Russian export was recorded for 23 African countries.
The second export market in Africa (after Egypt) was again Algeria ($1,009 billion), followed by Morocco, Senegal, and Tunisia with a wide margin: $389 mln (+14%), $235 mln (-43%), and $193 mln (-23%) respectively. These 5 amounted to more than 70% of Russia's total exports to Africa.
Among those where import from Russia has risen, Niger has demonstrated the 55 times increase from $0.9 million in 2019 to $49 million in 2020.
Benin with $4.9 mln in the 1H of 2019 and $47 mln in 2020 is also worth mentioning. Russian export growth to Benin (+90%) is mainly due to the development of cross-border trade in ECOWAS, as the bulk of goods supplied goes further to Nigeria.
