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Compendium of Intra-African and Related Foreign Trade Statistics 2011

image of Compendium of Intra-African and Related Foreign Trade Statistics 2011
This Compendium is compiled to provide quality and timely statistical data for the monitoring, evaluation, analysis, research, and promotion of the intra-African trade. It presents foreign trade data in sixteen chapters for all African countries for the period 2002 to 2010. Different data sources have been used and various common estimation methods applied to fill data gaps. Information on total, share, direction, and evolution of African trade is provided. Focusing on intra-African trade, related statistical data of trade flows are grouped by region, subregions, and Regional Economic Communities (RECs) in Africa, a unique feature that has been found nowhere else. It is hoped that the Compendium will provide the needed support to ongoing efforts aimed at ensuring the integration of the African continent.

English, French

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Foreword

Intra-African trade is one of the important activities to achieve regional integration and accelerate sustainable economic growth in Africa. It enhances movements of goods and services to merge economies and pool capacities, endowments, and energies. It increases competition in the local market, which in turn increases productive efficiency and price convergence across countries and regions. It promotes the transmission of technological innovation and the creation of enhanced capacity to compete with more advanced economies on the international market. It also creates incentives for governments to adopt less distortionary domestic policies and more disciplined macroeconomic management.

English, French

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