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Market insight - total exports to US decline in 2002 despite AGOA
African Economic Research, Economic Division
21 February 2003

Contact Henry Flint (hflint@sbic.co.za)

Standard Bank

Copyright Standard Bank Group Limited www.ed.standardbank.co.za
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Following the 6.2% decline in US imports in 2001, imports rose marginally by 1.9% in 2002. However, imports from Africa (especially sub-Saharan) declined by 12.9% in 2002 following the 8% decline in 2001 despite increased access for qualifying African country exports to the US under AGOA. In contrast, US imports from Latin America, Asia and Europe showed growth. . .



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