Sub-Saharan Africa: Forging New Trade Links with Asia

By Sanjeev Gupta, Kevin J Carey, Ulrich Jacoby

October 16, 2007

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Format: Chicago

Sanjeev Gupta, Kevin J Carey, and Ulrich Jacoby. Sub-Saharan Africa: Forging New Trade Links with Asia, (USA: International Monetary Fund, 2007) accessed November 23, 2024

Summary

What is the impact on trade in sub-Saharan Africa of the recent rapid growth in China and other Asian countries, and the associated commodity price boom? This paper looks at how trading patterns (both destinations and composition) are changing in sub-Saharan Africa. Has the region managed to diversify the products it sells from commodities to manufactured goods? Has it expanded the range of countries to which it exports? And what about the import side? The time is ripe for sub-Saharan African countries to climb up the value chain of their commodity-based exports and/or achieve an export surge based on labor-intensive manufacturing.

Subject: Econometric analysis, Economic sectors, Exports, Gravity models, Imports, International trade, Manufacturing, Trade balance

Keywords: Africa, Asia and Pacific, Comtrade data, Data quality problem, East Asia, Export, Export share, Export surge, Exports, Exports to Asia, Global, Gravity models, Imports, ISI, Manufacturing, Markets in sub-Saharan Africa, Nonfuel export, SI, Sub-Saharan Africa, Sub-Saharan Africa opportunity, Sub-Saharan Africa's share, Sub-Saharan Africa's trading partners, Trade, Trade balance

Publication Details

Pages:

64
Volume:

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DOI:

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Issue:

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Series:

IMF Special Issues
Stock No:

ISIEA2007002
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