Flag Central African Republic

Overview In 2020 Central African Republic was the number 186 economy in the world in terms of total exports and the number 194 in total imports.

Exports The top exports of Central African Republic are Rough Wood ($51.9M), Gold ($34.7M), Diamonds ($14.7M), Sawn Wood ($9.55M), and Refined Copper ($6.66M), exporting mostly to China ($50.8M), United Arab Emirates ($37.3M), Italy ($12.2M), Belgium ($6.84M), and France ($4.5M).

Imports The top imports of Central African Republic are Refined Petroleum ($40.1M), Packaged Medicaments ($17.2M), Broadcasting Equipment ($11M), Vaccines, blood, antisera, toxins and cultures ($9.46M), and Poultry Meat ($6.71M), importing mostly from France ($45.7M), Democratic Republic of the Congo ($37.8M), China ($27.9M), Belgium ($22.4M), and India ($21.5M).

Location Central African Republic borders Cameroon, Chad, Democratic Republic of the Congo, Republic of the Congo, South Sudan, and Sudan by land.

Flow
View
Y-AXIS SCALE

The following section uses the most recent trade data from partners of Central African Republic.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Flow
Value
Depth

Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

#permalink to section
Value
Depth

Top Export (2020): Rough Wood, $51.9M

Top Destination (2020): China, $45.7M

In 2020, Central African Republic exported a total of $127M, making it the number 186 exporter in the world. During the last five reported years the exports of Central African Republic have changed by -$26.1M from $153M in 2015 to $127M in 2020.

The most recent exports are led by Rough Wood ($51.9M), Gold ($34.7M), Diamonds ($14.7M), Sawn Wood ($9.55M), and Refined Copper ($6.66M). The most common destination for the exports of Central African Republic are China ($50.8M), United Arab Emirates ($37.3M), Italy ($12.2M), Belgium ($6.84M), and France ($4.5M).

Explore Visualizations

Flow
View

Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

Central African Republic Exports Services (2018): $50.6M

Central African Republic Imports Services (2018): $352M

In 2018, Central African Republic exported $50.6M worth of services. The top services exported by Central African Republic in 2018 were Miscellaneous business, professional, and technical services ($21.8M), Personal travel ($19.9M), Other transport ($3.57M), Air transport ($1.65M), and Business travel ($1.39M).

The top services imported by Central African Republic in 2018 were Personal travel ($162M), Other transport ($101M), Sea transport ($37.7M), Miscellaneous business, professional, and technical services ($21M), and Air transport ($20.5M).

Economic Complexity

#permalink to section

Most Specialized Products by RCA Index

#permalink to section

Central African Republic has a high level of specialization in Rough Wood (518), Sawn Wood (33.9), Diamonds (26.7), Raw Cotton (16.6), and Refined Copper (12.2). Specialization is measured using RCA, an index that takes the ratio between Central African Republic observed and expected exports in each product.

Export Opportunities by Relatedness

#permalink to section

The top export opportunities for Central African Republic according to the relatedness index, are Cocoa Beans (0.049), Non-fillet Frozen Fish (0.04), Niobium, Tantalum, Vanadium and Zirconium Ore (0.039), Other Oily Seeds (0.038), and Bran (0.038). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Central African Republic 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 a country currently specializes in.

Relatedness Space

#permalink to section

This network shows the products most related to the production structure of Central African Republic. These are products that tend to be co-exported with the products that Central African Republic exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Filter
Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.