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Friday, 08 September 2017

Cocoa beans account for 36% of Africa’s exports to the EU

According to statistics published by the European Commission, cocoa processed into paste and powder is the second most important African product exported to the EU. In its publication of 22 August 2017, the Quotidien de l’Economie states that according to the European Commission’s ‘Agri-Food Trade Statistical Factsheet EU-Sub-Saharan Africa’, agricultural foodstuffs in 2016 accounted for 12.5% of the European Union’s (EU) exports to sub-Saharan Africa (SSA), including South Africa. The most important export to the EU in terms of value is cocoa beans, which last year accounted for 36% of the total, up 15.1% from 2015.

Source: www.cameroon-info.net