Commodities Trade
Think of African Trade Group as your global source of any commodity from Africa or any other part of the world. See below for a comprehensive list of commodities we can source for our clients.
Wheat
Wheat has been called the “life commodity” because of the numerous food products that are wheat-dependent. From bread and pasta to cakes, wheat is a staple in most people’s diets. China is the top producer of wheat, followed by India and the United States.
Cotton
Cotton is the top-traded commodity both in ancient and modern times. Many stylish designs are made entirely of comfortable, breathable cotton. China leads in cotton production, with India and the United States following. Europe also has a huge cotton production at their provincial levels. With the Middle East’s deficiency in cotton, it is ripe for maximum trade.
Corn
Corn is one of the highest-traded commodities worldwide. It is used for human food products and, more commonly, for livestock feed formulations. Corn is a highly traded commodity in Pakistan and India. The top producer of maize is the United States.
Sugar
It seems like sugar is in everything. It is an essential ingredient in household cooking and industrial production, and as such, is a heavily-traded commodity. Brazil is the top sugar producer, followed by China and India. European countries are also high producers of sugar, and they strive to maximize their trade with nearby regions.
Natural gas
Natural gas is praised as the commodity that “makes life comfortable” in terms of cooking and heating purposes. Russia and North America are pioneers in natural gas production, while energy trading, i.e., natural gas substitution, is competitive in West Asia.
Gold
Many commodity traders do business with gold. A popular commodity worldwide, it also has ornamental appeal. Seeking extra money, some people trade in their old gold to investors who pay cash for this precious metal.
Coffee
Coffee is the second most-traded commodity in the world. Its largest consumers are found in America, where about 146 billion cups of coffee are consumed annually. The major producers are Europeans. Brazil is one of the largest exporters of coffee and tea.
Crude Oil
Crude oil is a raw, impure oil that is refined at the recycling stage. Oil trading is the top-most consumed commodity between the Middle East and the Northern East. Oil is essential to our modern lifestyles and routine. Without it, our working efficiency would be severely hampered.