Africa Net Trade (Goods & Services, BoP) Ranking (2024)
In 2024, net trade (goods & services, bop) in Africa was highest in Angola at $14.24 billion, followed by Algeria at $8.29 billion and South Africa at $8.04 billion. The average net trade (goods & services, bop) across countries in Africa was -$1.40 billion, the median was -$1.08 billion, and Egypt recorded the lowest net trade (goods & services, bop) at -$14.05 billion, according to the World Bank.
Data is available for the period 1960 to 2024 across 48 countries in Africa.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | $14.24B | $13.27B | 2024 | |
| 2 | -$14.05B | -$20.85B | 2023 | |
| 3 | -$12.09B | -$13.22B | 2023 | |
| 4 | -$12.01B | -$15.23B | 2023 | |
| 5 | -$9.42B | -$10.65B | 2023 | |
| 6 | $8.29B | $22.61B | 2023 | |
| 7 | $8.04B | $1.22B | 2024 | |
| 8 | -$7.92B | -$7.28B | 2023 | |
| 9 | -$5.67B | -$3.61B | 2022 | |
| 10 | -$4.77B | -$4.96B | 2023 | |
| 11 | $4.47B | $11.96B | 2023 | |
| 12 | -$4.03B | -$2.95B | 2023 | |
| 13 | $3.64B | $3.15B | 2023 | |
| 14 | -$3.31B | -$2.71B | 2024 | |
| 15 | $3.26B | $1.39B | 2021 | |
| 16 | -$2.74B | $39.66M | 2022 | |
| 17 | -$2.69B | -$2.12B | 2023 | |
| 18 | -$2.58B | -$2.82B | 2023 | |
| 19 | -$2.47B | -$2.35B | 2023 | |
| 20 | -$2.27B | -$1.98B | 2023 | |
| 21 | -$2.22B | -$5.2B | 2023 | |
| 22 | -$2.08B | -$4.69B | 2023 | |
| 23 | -$1.94B | -$1.12B | 2023 | |
| 24 | -$1.94B | -$2.09B | 2023 | |
| 25 | -$1.68B | -$1.02B | 2023 | |
| 26 | -$1.65B | -$1.91B | 2023 | |
| 27 | -$1.35B | -$1.41B | 2022 | |
| 28 | -$1.32B | -$1.64B | 2023 | |
| 29 | -$1.13B | -$1.78B | 2024 | |
| 30 | -$1.1B | -$1.19B | 2024 | |
| 31 | -$1.05B | -$1.09B | 2023 | |
| 32 | -$922.32M | -$947.07M | 2023 | |
| 33 | -$881.99M | -$871.99M | 2023 | |
| 34 | -$829.64M | $87.79M | 2023 | |
| 35 | -$741.46M | -$698.4M | 2022 | |
| 36 | -$710.82M | -$635.7M | 2024 | |
| 37 | -$667.63M | -$595.61M | 2020 | |
| 38 | -$658.96M | -$808.45M | 2023 | |
| 39 | $599.48M | $2.42B | 2023 | |
| 40 | $484.9M | $607.41M | 2024 | |
| 41 | -$355.58M | -$314.24M | 2023 | |
| 42 | -$315M | -$455.8M | 2024 | |
| 43 | -$307.6M | -$297.83M | 2023 | |
| 44 | -$194.39M | -$5.16B | 2024 | |
| 45 | -$176.19M | -$193.68M | 2023 | |
| 46 | -$122.34M | -$125.89M | 2022 | |
| 47 | -$61.82M | -$50.79M | 2023 | |
| 48 | $55.84M | -$590.88M | 2023 |
Africa Net Trade (Goods & Services, BoP) Ranking (2024) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.