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Exports of goods from UMOA to Europe: a decrease of 3.2% noted in 2023

04/11/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Foreign sales of goods from the Union to Europe fell by 3.2% to 8.493.7 billion in 2023, compared to 8,770.4 billion in 2022, according to the BCEAO.

The evolution of exports is due to mainly due to the decrease in shipments of gold and cocoa to this destination The share of Europe in total exports of Uemoa is divided between Union European for 20.2% and the other European countries, for 21.5%. Switzerland, the Netherlands and France remain the main customers of the Union, receiving 19.9%, 6.0% and 3.6% respectively of exports to during the period under review. The share of foreign sales to African continent settled at 29.3% in 2023, against 27.2% in 2022, i.e. an increase of 2.1 percentage points.

Expeditions from the Union to other countries of Africa are dominated by petroleum products (25.8%), especially in direction Ghana (21.7%) and Nigeria (18.5%), gold (21.7%) destined for South Africa (99.9%) and chemical products (8.7%) at destination mainly from Ghana (31.0%), Nigeria (16.9%) and Guinea (12.1%).

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