Business
African Products Gain Popularity in China as Cross-Border Trade Thrives
From fresh roses from Kenya to Yirgacheffe coffee beans from Ethiopia, more products from Africa are increasingly sold well in the Chinese market thanks to more convenient cross-border trade.
One of the crucial hubs for the distribution of Kenyan flowers is Changsha City’s Gaoqiao Grand Market.
Freshly picked flowers from Kenya could reach the wholesale market to their clients in China in roughly a day.
The flourishing Chinese market promises the promise of higher and more steady revenue for the increasing number of African farmers and exporters who have long relied on the European and American markets.
Ethiopian privately owned company, Mullege Coffee Export Private Limited Company (PLC), processes and exports coffee.
More than 20 countries and regions throughout the world are served by it.
The company has seen a marked increase in coffee exports to China during the last three years.
China has been Africa’s top trading partner for 14 years consecutively.
The General Administration of Customs reports that in the first five months of this year, trade between China and Africa totaled 822.32 billion yuan (about 114 billion dollars), an increase of 16.4 percent over the same period last year.