Flag Central African Republic

Product Exports (2018): $99.4M, Rank 189 of 222

Exports Per Capita (2018): $21.3, Rank 52 of 219

Product Imports (2018): $213M, Rank 195 of 221

Imports Per Capita (2018): $45.6, Rank 49 of 219

Service Exports (2016): $35.2M, Rank 150 of 152

Service Imports (2016): $246M, Rank 139 of 152

GDP (2018): $2.22B, CURRENT US$
Rank 170 of 196

GDP growth (2008 - 2018): 11.8%, CURRENT US$
Rank 137 of 196

GDP PC (2018): $476, CURRENT US$
Rank 192 of 196

GDP PC GROWTH (2008 - 2018): 2.4%, CURRENT US$
Rank 136 of 196

Overview: This page contains the latest international trade data for Central African Republic, including service trade data. In 2018 Central African Republic was the number 170 economy in the world in terms of GDP (current US$), the number 189 in total exports, and the number 195 in total imports. In 2018, Central African Republic exported $99.4M and imported $213M, resulting in a negative trade balance of -$113M. In 2018, Central African Republic's exports per capita were $21.3 and its imports per capita were $45.6.

Trade: The top exports of Central African Republic are Rough Wood ($58.8M), Diamonds ($16.6M), Sawn Wood ($12.1M), Raw Cotton ($2.27M), and Gold ($1.61M). The top imports of Central African Republic are Refined Petroleum ($28.8M), Broadcasting Equipment ($9.84M), Packaged Medicaments ($9M), Other Edible Preparations ($8.05M), and Delivery Trucks ($5.85M).

Destinations: Central African Republic exports mostly to China ($54M), United Arab Emirates ($9.28M), India ($6.72M), Belgium-Luxembourg ($4.17M), and Portugal ($3.81M), and imports mostly from France ($32.7M), India ($24.9M), China ($18.7M), Belgium-Luxembourg ($17.7M), and Italy ($15.2M).

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

Yearly Exports

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Top Export (2018): Rough Wood, $58.8M

Top Destination (2018): China, $54M

In 2018 Central African Republic exported a total of $99.4M, making it the number 189 exporter in the world. During the last five reported years the exports of Central African Republic have changed by -$42M from $141M in 2013 to $99.4M in 2018.

The most recent exports are led by Rough Wood ($58.8M), Diamonds ($16.6M), Sawn Wood ($12.1M), Raw Cotton ($2.27M), and Gold ($1.61M). The most common destination for the exports of Central African Republic are China ($54M), United Arab Emirates ($9.28M), India ($6.72M), Belgium-Luxembourg ($4.17M), and Portugal ($3.81M).

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Yearly Imports

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Top Import (2018): Refined Petroleum, $28.8M

Top Origin (2018): France, $32.7M

In 2018 Central African Republic imported $213M, making it the number 195 trade destination in the world. During the last five reported years the imports of Central African Republic changed by -$205M from $417M in 2013 to $213M in 2018.

The most recent imports of Central African Republic are led by Refined Petroleum ($28.8M), Broadcasting Equipment ($9.84M), Packaged Medicaments ($9M), Other Edible Preparations ($8.05M), and Delivery Trucks ($5.85M). The most common import partners for Central African Republic are France ($32.7M), India ($24.9M), China ($18.7M), Belgium-Luxembourg ($17.7M), and Italy ($15.2M).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Central African Republic Exports Services (2016): $35.2M

Central African Republic Imports Services (2016): $246M

In 2016, Central African Republic exported $35.2M worth of services. The top services exported by Central African Republic in 2016 were Personal travel ($20.5M), Telecommunications services ($4.52M), Air transport ($3.34M), Miscellaneous business, professional, and technical services ($2.07M), and Other transport ($1.42M).

The top services imported by Central African Republic in 2016 were Personal travel ($150M), Other transport ($31.7M), Miscellaneous business, professional, and technical services ($20.9M), Financial services ($12.9M), and Sea transport ($12.3M).

Trade Forecasts

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This section shows forecasts for total product exports and imports for Central African Republic. 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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Central African Republic has a high level of specialization in Rough Wood (691), Fake Hair (87.4), Sawn Wood (55.9), Legumes (40), and Raw Lead (28). Specialization is measured using RCA, an index that takes the ratio between Central African Republic observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Central African Republic according to the product complexity index (PCI) are Machines for processing textile fibres (1.6), Breathing appliances and gas masks (0.97), Play, fair-ground equipment, travellng circus, theatre (0.8), Granules and powders, of pig iron, iron or steel (0.59), and Machinery to sort, screen, wash, etc mineral products (0.35). 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 Central African Republic according to the relatedness index, are Crude Petroleum (0.054), Gold (0.05), Cocoa Beans (0.047), Other Ores (0.046), and Ground Nuts (0.043). 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 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.