text: -4.6 7.0 1982 -1 o. 7 5.0 -14.6 -16.6 -14.8 -18.0 -8.5 2.8 13 .o -2.4 -5.4 -37.3 1.0' ... -10.2 Source: International Financial Statistics, vol. XXXV, No. 12 (Decewber lgs2)-,--pp.--57-and-S9. The 1982 price changes are based on data for 10 months, except for cacao; ground-nuts and tea (9 months only) and wood logs (3 months only). Note: The commodity name is follO\o~ed by the country of origin-ind the pricing point L~ parenthesis. ~/ These figures were obtained by weighting the price in­ dexes (1980=100) using 1980 values in US dollar terms. 116 E/ECA/CM.9/5 20. The difficult years of 1981-lg82 hit Africa much harder than other parts of the developing world. The share of developing Africa's exports in the total exports of the developing world fell almost 4 percentage points between 1980 and 1982, and both oil-exporting and non-oil-exporting countries suffered this very serious set-back. Table VI.A.8 gives an impression of the mag­ nitude of the difficulties, showing clearly that the developing world as a whole has been more resistant to \>TOrl d economic reces­ sion than Africa. The main difference lies in the more diver­ sified commodity structure of countries outside Africa. Table VI.A.8 Developing Africa's share in the trade of the developing world (Percentage) Developing Africa Exports Imports Oil-exporting Africa ~I Exports Imports Non-oil-exporting developing Africa Exports Imports a/ Total Nigeria as a countries. for Algeria, percentage of the the 1980 1981 1982 15.8 12.9 11.9 14.9 15.6 21.3 17.4 16.2 27.6 28.1 ~I 10.6 9.1 8.9 10.6 11.0 Libyan Arab Jamahiriya and total for all oil-exporting b/ Non-oil-exporting developing Africa's share in the total for all non-oil-exporting developing countries. 21. The trade deficit reached alarming proportions in 1981-1982. The 1981 deficit was 20 per cent of export earnings for develop­
analysis: The text appears to be discussing the economic performance of developing countries, particularly in Africa, with a focus on commodity prices, trade deficits, and export shares. The data provided is related to the prices of specific commodities and the impact of economic recession on developing countries. This suggests that the text is primarily concerned with economic issues.