Overview: In 2018 Democratic Republic of the Congo was the number 88 economy in the world in terms of GDP (current US$), the number 85 in total exports, the number 115 in total imports, and the number 131 most complex economy according to the Economic Complexity Index (ECI). In 2018, Democratic Republic of the Congo exported $10.7B and imported $6.97B, resulting in a positive trade balance of $3.74B. In 2018, Democratic Republic of the Congo's exports per capita were $127 and its imports per capita were $82.9.
In 2018 Democratic Republic of the Congo exported a total of $10.7B, making it the number 85 exporter in the world. During the last five reported years the exports of Democratic Republic of the Congo have changed by $3.32B from $7.39B in 2013 to $10.7B in 2018.
In 2018 Democratic Republic of the Congo imported $6.97B, making it the number 115 trade destination in the world. During the last five reported years the imports of Democratic Republic of the Congo changed by $106M from $6.86B in 2013 to $6.97B in 2018.
Democratic Republic of the Congo Exports Services (2016): $118M
Democratic Republic of the Congo Imports Services (2016): $1.78B
In 2016, Democratic Republic of the Congo exported $118M worth of services. The top services exported by Democratic Republic of the Congo in 2016 were Transportation ($63.9M), Government services, n.i.e. ($43.1M), Other business services ($6.69M), Travel ($4.26M), and Personal, cultural, and recreational services ($104k).
The top services imported by Democratic Republic of the Congo in 2016 were Transportation ($873M), Insurance services ($347M), Government services, n.i.e. ($265M), Other business services ($209M), and Travel ($59.8M).
This section shows forecasts for total product exports and imports for Democratic Republic of the Congo. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
During the last 11 years Democratic Republic of the Congo's economy has become relatively less complex, moving from the 120th to the 131st position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.
Democratic Republic of the Congo has a high level of specialization in Cobalt Ore (1.59k), Cobalt (738), Tin Ores (180), Refined Copper (93), and Cobalt Oxides and Hydroxides (65.5). Specialization is measured using RCA, an index that takes the ratio between Democratic Republic of the Congo observed and expected exports in each product.
The top export opportunities for Democratic Republic of the Congo according to the relatedness index, are Crude Petroleum (0.044), Manganese Ore (0.043), Uranium and Thorium Ore (0.038), Other Ores (0.038), and Gold (0.034). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Democratic Republic of the Congo 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.
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.
Democratic Republic of the Congo
