Flag Democratic Republic of the Congo

Econ Complexity (2018): -1.6, Rank 131 of 137

Product Exports (2018): $10.7B, Rank 85 of 222

Exports Per Capita (2018): $127, Rank 32 of 219

Product Imports (2018): $6.97B, Rank 115 of 221

Imports Per Capita (2018): $82.9, Rank 48 of 219

Service Exports (2016): $118M, Rank 142 of 152

Service Imports (2016): $1.78B, Rank 99 of 152

GDP (2018): $47.2B, CURRENT US$
Rank 88 of 196

GDP growth (2008 - 2018): 139%, CURRENT US$
Rank 13 of 196

GDP PC (2018): $562, CURRENT US$
Rank 187 of 196

GDP PC GROWTH (2008 - 2018): 71.5%, CURRENT US$
Rank 30 of 196

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.

Trade: The top exports of Democratic Republic of the Congo are Refined Copper ($3.63B), Cobalt ($3.38B), Copper Ore ($1.18B), Cobalt Ore ($853M), and Crude Petroleum ($386M). The top imports of Democratic Republic of the Congo are Packaged Medicaments ($360M), Delivery Trucks ($215M), Sulfuric Acid ($199M), Large Construction Vehicles ($138M), and Refined Petroleum ($138M).

Destinations: Democratic Republic of the Congo exports mostly to China ($5.51B), Zambia ($1.36B), United Arab Emirates ($838M), South Korea ($612M), and Saudi Arabia ($518M), and imports mostly from China ($1.76B), South Africa ($1.41B), Zambia ($819M), Belgium-Luxembourg ($421M), and Tanzania ($310M).

Location: Democratic Republic of the Congo borders Angola, Burundi, Central African Republic, Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda, and Zambia by land.

Product Exports

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Top Export (2018): Refined Copper, $3.63B

Top Destination (2018): China, $5.51B

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.

The most recent exports are led by Refined Copper ($3.63B), Cobalt ($3.38B), Copper Ore ($1.18B), Cobalt Ore ($853M), and Crude Petroleum ($386M). The most common destination for the exports of Democratic Republic of the Congo are China ($5.51B), Zambia ($1.36B), United Arab Emirates ($838M), South Korea ($612M), and Saudi Arabia ($518M).

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Product Imports

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Top Import (2018): Packaged Medicaments, $360M

Top Origin (2018): China, $1.76B

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.

The most recent imports of Democratic Republic of the Congo are led by Packaged Medicaments ($360M), Delivery Trucks ($215M), Sulfuric Acid ($199M), Large Construction Vehicles ($138M), and Refined Petroleum ($138M). The most common import partners for Democratic Republic of the Congo are China ($1.76B), South Africa ($1.41B), Zambia ($819M), Belgium-Luxembourg ($421M), and Tanzania ($310M).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 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).

Trade Forecasts

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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.

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Economic Complexity

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Economic Complexity Ranking

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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.

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Most Specialized Products by RCA Index

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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.

Most Complex Products by PCI

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The highest complexity exports of Democratic Republic of the Congo according to the product complexity index (PCI) are Carbonates (-0.43), Veneers and sheets for plywood etc <6mm thick (-0.82), Vegetable saps, etc, pectin etc, agar-agar etc (-0.85), Wood sawn, chipped lengthwise, sliced or peeled (-0.9), and Antiques older than one hundred years (-0.98). 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 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.

Diversification Frontier

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Depth

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.