Africa and the EU

AFRICA AND THE EU Debating Europe =ll=l=|=||=Il=||=||=||=|=I=|=||=||=ll=I=||=||=||=ll=||=|=|| www.debatingeurope.eu EU-27 EXPORTS OF GOODS TO AFRICA, MANUFACTURED MACHINERY & GOODS TRANSPORT 16% EQUIPMENT 2010 EU-27 40% CHEMICALS International 12% trade, 2010: MINERAL FUELS EU-27 IMPORTS 11% OF GOODS EXPORTS to Africa FROM AFRICA, FOOD & OTHER LIVE ANIMALS 2010 13% 13% 8% IMPORTS from Africa MINERAL FUELS OTHER 12% 59% 16% MANUFACTURED GOODS EU-27 investment 9% FOOD & in Africa in 2008 LIVE ANIMALS 9% 18.5 BILLION € MACHINERY & TRANSPORT EQUIPMENT 7% POPULATION, 2010 WORLD 6,896,000,000 AFRICA AFRICA 1,022,000,000 ACCOUNTS EU-27 FOR 501,000,000 9% OF EU-27 GDP per capita ITALY, FRANCE, TRADE INFLOWS at current prices, 2009, EUR Aid from OECD/DAC EU-27 GERMANY member countries 23,600 $ 29.5 BN AFRICA account for 1,497 Foreign Direct Investment (FDI) MORE THAN HALF of all EU-27 trade with Africa OUTFLOWS $ 32.7 BN Trade mispricing $ 38.4 BN Africa remains the top recipient of EU Official Development Assistance (ODA) over the past 10 years. In 2010 Africa received Other illicit outflows $ 25 BN (Average annual 47.9 BILLION$ 2008-2010 for Sub-Saharan Africa) Sources: Eurostat, EC, Africa Progress Panel.