2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP
$2.56BCURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP GROWTH
51.1%CURRENT US$
Rnk 73 / 195
2023
Flag
GDP PC 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$496CURRENT US$
Rnk 193 / 196
2013-2023
Flag
GDP PC GROWTH
36.1%CURRENT US$
Rnk 67 / 195

About

Italy-Central African Republic Trade: In 2023, Italy exported $11.6M to Central African Republic. The main products that Italy exported to Central African Republic were Woodworking machines ($1.23M), Electric Generating Sets ($1.18M), and Medical Instruments ($736k). Over the past 5 years the exports of Italy to Central African Republic have decreased at an annualized rate of 13.9%, from $24.5M in 2018 to $11.6M in 2023.

In 2023, Italy did not export any services to Central African Republic.

Central African Republic-Italy Trade: In 2023, Central African Republic exported $8.39M to Italy. The main products that Central African Republic exported to Italy were Sawn Wood ($4.45M), Gold ($2.07M), and Rough Wood ($1.85M). Over the past 5 years the exports of Central African Republic to Italy have increased at an annualized rate of 48.6%,  from $1.16M in 2018 to $8.39M in 2023.

In 2023, Central African Republic did not export any services to Italy.

Comparison In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29),  and 6 in total exports ($638B). That same year, Central African Republic ranked 181 in total exports ($229M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $11.6M to Central African Republic. The main products exported from Italy to Central African Republic were Woodworking machines ($1.23M), Electric Generating Sets ($1.18M), and Medical Instruments ($736k). During the last 5 years the exports of Italy to Central African Republic have decreased at an annualized rate of 13.9%, from $24.5M in 2018 to $11.6M in 2023.

In 2018, Central African Republic exported $8.39M to Italy. The main products exported from Central African Republic to Italy were Sawn Wood ($4.45M), Gold ($2.07M), and Rough Wood ($1.85M). During the last 5 years the exports of Central African Republic to Italy have increased at an annualized rate of 48.6%, from $1.16M in 2023 to $8.39M in 2018.

Exports from Italy (Flag) to Central African Republic (Flag) (2023)

Exports from Central African Republic (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B

This map shows whether countries import more from Italy or Central African Republic. Each country is colored based on the difference in imports they receive from Italy and Central African Republic or the difference in the growth in imports.

In 2023, countries that imported more from Italy than Central African Republic included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, no countries were registered that imported more from Central African Republic than from Italy.

Difference in imports from Central African Republic (Flag) and Italy (Flag) (2023)

Comparative Advantage Italy - Central African Republic

Flow
Scale

This chart compares trade between Italy and Central African Republic by product, considering products traded by both, Italy and Central African Republic.

During 2023, Italy had a large net trade with Central African Republic in the exports of Machines ($5.05M), Miscellaneous ($1.39M), and Animal Products ($1.24M).

During 2018, Central African Republic had a large net trade with Italy in the exports of Wood Products ($6.3M), Precious Metals ($2.07M), and Machines ($13.3k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and Central African Republic. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Central African Republic. Similarly, a dot/product with the flag of Central African Republic indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Central African Republic (Flag) (2023)

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