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It would make sense for South Africa to trade with Nigeria, given the new African Continental...

It would make sense for South Africa to trade with Nigeria, given the new African Continental Free Trade Agreement (AfrCFTA), because the two countries offer large export markets for agricultural products. Is Nigeria likely to be in South Africa’s top five trading partner list by exports in the agricultural sector, with the AfrCFTA in place?

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Solution:

According to the question, South Africa's top five export trading partners are:

  • Germany
  • India
  • USA
  • United Kingdom
  • China

But yes, Nigeria could also be a part of South Africa's top five trading partner list by exports in the agricultural sector, with the AfrCFTA in place. This is so because, both the countries offer large export market for agricultural products as mentioned in the question.

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