Refined Petroleum in Republic of the Congo

EXPORTS (2018): $176M, World Rnk 89 / 198
Flag Rnk 5 / 337

TOP DESTINATION (2018): $111M, United States

FASTEST GROWING MARKET (2017 - 2018): $88M, United States

IMPORTS (2018): $50.9M, World Rnk 172 / 221
Flag Rnk 5 / 943

TOP ORIGIN (2018): $28M, Belgium-Luxembourg

FASTEST GROWING ORIGIN (2017 - 2018): $27.4M, Belgium-Luxembourg

ECONOMIC COMPLEXITY of Republic of the Congo (2018): -0.98, Rnk 112 / 137

Overview: This page contains the latest trade data of Refined Petroleum in Republic of the Congo.

Exports: In 2018, Republic of the Congo exported $176M in Refined Petroleum, making it the 89th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most exported product in Republic of the Congo. The main destination of Refined Petroleum exports from Republic of the Congo are: United States ($111M), Malaysia ($37.3M), Belgium-Luxembourg ($16.3M), Netherlands ($12M), and France ($2.83k).

The fastest growing export markets for Refined Petroleum of Republic of the Congo between 2017 and 2018 were United States ($88M), Malaysia ($16.3M), and Netherlands ($7.16M).

Imports: In 2018, Republic of the Congo imported $50.9M in Refined Petroleum, becoming the 172nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most imported product in Republic of the Congo. Republic of the Congo imports Refined Petroleum primarily from: Belgium-Luxembourg ($28M), France ($8.99M), Netherlands ($3.27M), United Arab Emirates ($2.98M), and Senegal ($2.42M).

The fastest growing import markets in Refined Petroleum for Republic of the Congo between 2017 and 2018 were Belgium-Luxembourg ($27.4M), France ($3.25M), and United Arab Emirates ($2.97M).

Tariffs: In 2015, the average tariff for Republic of the Congo in Refined Petroleum was 7.68%. The countries with the highest import tariffs for Refined Petroleum were Angola (7.83%), Burundi (7.83%), Benin (7.83%), Burkina Faso (7.83%), and Botswana (7.83%).

Value

EXPORTS (2018): $176M

IMPORTS (2018): $50.9M

NET TRADE (2018): $125M

In 2018, Republic of the Congo exported $176M in Refined Petroleum. The main destinations of Republic of the Congo exports on Refined Petroleum were United States ($111M), Malaysia ($37.3M), Belgium-Luxembourg ($16.3M), Netherlands ($12M), and France ($2.83k).

In 2018, Republic of the Congo imported $50.9M in Refined Petroleum, mainly from Belgium-Luxembourg ($28M), France ($8.99M), Netherlands ($3.27M), United Arab Emirates ($2.98M), and Senegal ($2.42M).

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IN 2018, Republic of the Congo HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

  • United States, $111M ($111M - $96.4k)
  • Malaysia, $36.8M ($37.3M - $418k)
  • Netherlands, $8.72M ($12M - $3.27M)

IN 2018, Republic of the Congo HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

  • Belgium-Luxembourg, -$11.6M ($16.3M - $28M)
  • France, -$8.98M ($2.83k - $8.99M)
  • United Arab Emirates, -$2.98M ($0 - $2.98M)
Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Republic of the Congo WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Republic of the Congo WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Republic of the Congo's main exporting competitors in Refined Petroleum were:

In 2018, Republic of the Congo's main importing competitors in Refined Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Refined Petroleum in Republic of the Congo. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2015, the average tariff for Republic of the Congo in Refined Petroleum was 7.68%.

The countries with the highest tariffs for Refined Petroleum in Republic of the Congo were Angola (7.83%), Burundi (7.83%), Benin (7.83%), Burkina Faso (7.83%), and Botswana (7.83%).

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