One more AGOA thing
The Year To Date export value figures tell an interesting story.
Thirty-seven nations are AGOA qualified. Of them, The Trade Law Center for Southern Africa says at their AGOA.info site:
While most AGOA-eligible SSA countries recorded exports to the US, the bulk (by value) is concentrated among a relatively small number. Overall exports to the US by Nigeria, Angola, Gabon and South Africa far exceed those of the other countries, while only approximately 10 of the AGOA-eligible SSA countries have recorded any significant exports to the U.S.
By how much does Nigeria, Angola, Gabon and South Africa's exports exceed everyone else's? Unfortunately they don't break out the AGOA and GSP figures, but here you go:
| All 37 nations | 13,922,699.000 |
| Nigeria | 8,269,146,000 |
| Angola | 2,204,980,000 |
| South Africa | 966,017,000 |
| Gabon | 953,949.000 |
Of the 37 countries, only 17 have a a trade balance with the USofA running in their favor.
Note the graph, provided by the U.S. International Trade Commission:
It says energy related exports…oil…is not included on the graph. Know why? Because the other categories would then look like Matchbox Cars™ standing next to a Hummer™.
