Flag Comoros

Product Exports (2018): $102M, Rank 188 of 222

Exports Per Capita (2018): $122, Rank 36 of 219

Product Imports (2018): $356M, Rank 187 of 221

Imports Per Capita (2018): $428, Rank 26 of 219

Service Exports (2018): $108M, Rank 83 of 88

Service Imports (2018): $106M, Rank 86 of 88

GDP (2018): $1.18B, CURRENT US$
Rank 181 of 196

GDP growth (2008 - 2018): 29.2%, CURRENT US$
Rank 114 of 196

GDP PC (2018): $1,415, CURRENT US$
Rank 164 of 196

GDP PC GROWTH (2008 - 2018): 1.99%, CURRENT US$
Rank 139 of 196

Overview: This page contains the latest international trade data for Comoros, including service trade data. In 2018 Comoros was the number 181 economy in the world in terms of GDP (current US$), the number 188 in total exports, and the number 187 in total imports. In 2018, Comoros exported $102M and imported $356M, resulting in a negative trade balance of -$254M. In 2018, Comoros's exports per capita were $122 and its imports per capita were $428.

Trade: The top exports of Comoros are Cloves ($52M), Essential Oils ($22.5M), Vanilla ($17M), Scrap Vessels ($7.22M), and Scrap Iron ($504k). The top imports of Comoros are Rice ($23.5M), Water ($18M), Poultry Meat ($16.1M), Broadcasting Equipment ($11.2M), and Other Furniture ($10.5M).

Destinations: Comoros exports mostly to India ($40.9M), France ($23.4M), Turkey ($7.44M), United Arab Emirates ($6.23M), and Germany ($5.05M), and imports mostly from China ($79.1M), United Arab Emirates ($50.4M), Tanzania ($48.2M), France ($33.4M), and India ($28.7M).

Location: Comoros borders France, Madagascar, Mozambique, Seychelles, and Tanzania by sea.

Yearly Exports

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Top Export (2018): Cloves, $52M

Top Destination (2018): India, $40.9M

In 2018 Comoros exported a total of $102M, making it the number 188 exporter in the world. During the last five reported years the exports of Comoros have changed by $30.8M from $71M in 2013 to $102M in 2018.

The most recent exports are led by Cloves ($52M), Essential Oils ($22.5M), Vanilla ($17M), Scrap Vessels ($7.22M), and Scrap Iron ($504k). The most common destination for the exports of Comoros are India ($40.9M), France ($23.4M), Turkey ($7.44M), United Arab Emirates ($6.23M), and Germany ($5.05M).

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Yearly Imports

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Top Import (2018): Rice, $23.5M

Top Origin (2018): China, $79.1M

In 2018 Comoros imported $356M, making it the number 187 trade destination in the world. During the last five reported years the imports of Comoros changed by -$351M from $707M in 2013 to $356M in 2018.

The most recent imports of Comoros are led by Rice ($23.5M), Water ($18M), Poultry Meat ($16.1M), Broadcasting Equipment ($11.2M), and Other Furniture ($10.5M). The most common import partners for Comoros are China ($79.1M), United Arab Emirates ($50.4M), Tanzania ($48.2M), France ($33.4M), and India ($28.7M).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Comoros Exports Services (2018): $108M

Comoros Imports Services (2018): $106M

In 2018, Comoros exported $108M worth of services. The top services exported by Comoros in 2018 were Personal travel ($64.5M), Computer and information services ($20.2M), Business travel ($11.5M), Transportation ($6.14M), and Government services, n.i.e. ($4.43M).

The top services imported by Comoros in 2018 were Transportation ($53.7M), Personal travel ($24.5M), Other business services ($9.39M), Insurance services ($8.66M), and Computer and information services ($6.88M).

Trade Forecasts

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This section shows forecasts for total product exports and imports for Comoros. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Economic Complexity

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Most Specialized Products by RCA Index

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Comoros has a high level of specialization in Vanilla (2.09k), Scrap Vessels (674), Essential Oils (652), Iron Gas Containers (19.8), and Sheep and Goats (7.97). Specialization is measured using RCA, an index that takes the ratio between Comoros observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Comoros according to the product complexity index (PCI) are Containers for compressed, liquefied gas, iron, steel (0.046), Ferrous waste or scrap, ingots or iron or steel (-0.54), Chemical industry products nes (-0.6), Vessels and other floating structures for breaking up (-1.29), and Essential oils, resinoids and terpenic by-products (-1.38). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Comoros according to the relatedness index, are Copra (0.016), Nutmeg, mace and cardamons (0.014), Pearls (0.014), Scrap Copper (0.013), and Crude Petroleum (0.013). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Comoros is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.