2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP
$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH
-14.7%CURRENT US$
Rnk 186 / 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
$2,478CURRENT US$
Rnk 149 / 196
2013-2023
Flag
GDP PC GROWTH
-33%CURRENT US$
Rnk 188 / 195

About

Italy-Republic of the Congo Trade: In 2023, Italy exported $187M to Republic of the Congo. The main products that Italy exported to Republic of the Congo were Iron Pipes ($44.4M), Other Large Iron Pipes ($10.8M), and Gas Turbines ($9.87M). Over the past 5 years the exports of Italy to Republic of the Congo have increased at an annualized rate of 2.9%, from $162M in 2018 to $187M in 2023.

In 2023, Italy did not export any services to Republic of the Congo.

Republic of the Congo-Italy Trade: In 2023, Republic of the Congo exported $88.4M to Italy. The main products that Republic of the Congo exported to Italy were Refined Copper ($66.5M), Sawn Wood ($5.47M), and Raw Zinc ($5.32M). Over the past 5 years the exports of Republic of the Congo to Italy have decreased at an annualized rate of 35.1%,  from $1.19B in 2018 to $88.4M in 2023.

In 2023, Republic of the Congo 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, Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $187M to Republic of the Congo. The main products exported from Italy to Republic of the Congo were Iron Pipes ($44.4M), Other Large Iron Pipes ($10.8M), and Gas Turbines ($9.87M). During the last 5 years the exports of Italy to Republic of the Congo have increased at an annualized rate of 2.9%, from $162M in 2018 to $187M in 2023.

In 2018, Republic of the Congo exported $88.4M to Italy. The main products exported from Republic of the Congo to Italy were Refined Copper ($66.5M), Sawn Wood ($5.47M), and Raw Zinc ($5.32M). During the last 5 years the exports of Republic of the Congo to Italy have decreased at an annualized rate of 35.1%, from $1.19B in 2023 to $88.4M in 2018.

Exports from Italy (Flag) to Republic of the Congo (Flag) (2023)

Exports from Republic of the Congo (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Republic of the Congo
Top Destination
China$5.45B

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

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

In 2023, no countries were registered that imported more from Republic of the Congo than from Italy.

Difference in imports from Republic of the Congo (Flag) and Italy (Flag) (2023)

Comparative Advantage Italy - Republic of the Congo

Flow
Scale

This chart compares trade between Italy and Republic of the Congo by product, considering products traded by both, Italy and Republic of the Congo.

During 2023, Italy had a large net trade with Republic of the Congo in the exports of Metals ($66M), Machines ($61.8M), and Chemical Products ($11.7M).

During 2018, Republic of the Congo had a large net trade with Italy in the exports of Metals ($73.3M), Wood Products ($8.35M), and Vegetable Products ($3.96M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Republic of the Congo+$1.58MOther Furniture
Top Product Potential Republic of the Congo Italy+$161MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Republic of the Congo (Flag) (2023)

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