HS Icon Refined Petroleum in  Flag Republic of the Congo

2021
Exports | Imports
: $318M | $111M, World Rnk 80 / 218
Flag Rnk 3 / 764 | World Rnk 167 / 226
Flag Rnk 3 / 1077

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $85.1M | $38.2M, Togo |  Democratic Republic of the Congo

2021
ECONOMIC COMPLEXITY of Republic of the Congo
: -1.02, Rnk 107 / 131

2021
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.92, Rnk 817 / 1029

Exports In 2021, Republic of the Congo exported $318M in Refined Petroleum, making it the 80th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Republic of the Congo. The main destination of Refined Petroleum exports from Republic of the Congo are: Togo ($177M), Argentina ($49.1M), Singapore ($34.7M), Cameroon ($23.1M), and United States ($17.6M).

The fastest growing export markets for Refined Petroleum of Republic of the Congo between 2020 and 2021 were Togo ($85.1M), Argentina ($49.1M), and Cameroon ($23.1M).

Imports In 2021, Republic of the Congo imported $111M in Refined Petroleum, becoming the 167th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most imported product in Republic of the Congo. Republic of the Congo imports Refined Petroleum primarily from: Democratic Republic of the Congo ($53.2M), Belgium ($18.9M), Togo ($16.1M), France ($4.44M), and United Arab Emirates ($4.1M).

The fastest growing import markets in Refined Petroleum for Republic of the Congo between 2020 and 2021 were Democratic Republic of the Congo ($38.2M), Belgium ($18.3M), and Gabon ($2.3M).

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 (Most Favoured Nation duty rate treatment, 7.83%), Burundi (Most Favoured Nation duty rate treatment, 7.83%), Benin (Most Favoured Nation duty rate treatment, 7.83%), Burkina Faso (Most Favoured Nation duty rate treatment, 7.83%), and Botswana (Most Favoured Nation duty rate treatment, 7.83%).

Subnational Monthly Trade

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2021): $318M

IMPORTS (2021): $111M

NET TRADE (2021): $207M

In 2021, Republic of the Congo exported $318M in Refined Petroleum. The main destinations of Republic of the Congo exports on Refined Petroleum were Togo ($177M), Argentina ($49.1M), Singapore ($34.7M), Cameroon ($23.1M), and United States ($17.6M).

In 2021, Republic of the Congo imported $111M in Refined Petroleum, mainly from Democratic Republic of the Congo ($53.2M), Belgium ($18.9M), Togo ($16.1M), France ($4.44M), and United Arab Emirates ($4.1M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Republic of the Congo WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Republic of the Congo WERE (2020 - 2021):

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Market Concentration

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In 2021, Republic of the Congo's main exporting competitors in Refined Petroleum were:

In 2021, Republic of the Congo's main importing competitors in Refined Petroleum were:

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