Analyses & Studies
Report | EAIO Economic Newsletter - Bilateral trade France-EAIO
The September's monthly letter by the French Treasury in EAIO focuses on France-EAIO bilateral trade.
The monthly East Africa and Indian Ocean (EAIO) study has just been published by the SER of Nairobi, with the contribution of the SE of Dar es Salaam. This month's letter focuses on France-EAIO bilateral trade. Here's a brief description:
"The East Africa and Indian Ocean (EAIO) region remains a minor trading partner for France. Madagascar and Mauritius are the main partners, owing to strong ties and the presence of numerous French companies. Kenya and the Seychelles are also among the zone's leading exporters. Ethiopia, characterized by the size of its domestic market, is France’s 3rd client in the region. While the composition of French exports varies according to the partner country (and is marked by major aeronautical contracts), the structure of imported products is relatively similar, mainly agricultural products and agri-food industries. Due to the value-added differential between exports and imports, France has a structural surplus with the EAIO, even if this gap is narrowing."
For an executive summary in French, please follow this link.