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2023
Economic Complexity
Trade -1.73Rank 128 of 132
2022
Economic Complexity
Research -0.64Rank 98 of 140
2023
Product
Exports | Imports $11.8B | $6.28B96 of 226 |  137 of 226
2023
Per Capita Product
Exports | Imports $1.92k | $1.02k99 of 220 |  160 of 220

About

Overview In 2023, Republic of the Congo was the number 136 economy in the world in terms of GDP (current US$), the number 96 in total exports, the number 137 in total imports, the number 149 economy in terms of GDP per capita (current US$) and the number 128 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Republic of the Congo are Crude Petroleum ($6.71B), Refined Copper ($3.67B), Gold ($622M), Rough Wood ($161M), and Sawn Wood ($157M), exporting mostly to China ($5.45B), United Arab Emirates ($2.7B), India ($658M), Saudi Arabia ($644M), and Portugal ($338M).

Imports The top imports of Republic of the Congo are Passenger and Cargo Ships ($1.28B), Special Purpose Ships ($427M), Poultry Meat ($227M), Refined Petroleum ($140M), and Iron Pipes ($120M), importing mostly from China ($1.5B), Angola ($1.24B), Gabon ($574M), France ($368M), and United Arab Emirates ($292M).

Location Republic of the Congo borders Angola, Cameroon, Central African Republic, Democratic Republic of the Congo, and Gabon by land.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

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

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

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

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

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Crude Petroleum$6.71B
Top Destination (2023)China$5.45B

In 2023, Republic of the Congo exported a total of $11.8B, making it the number 96 exporter in the world. During the last five reported years the exports of Republic of the Congo have changed by -$1.58B from $13.4B in 2018 to $11.8B in 2023.

The most recent exports are led by Crude Petroleum ($6.71B), Refined Copper ($3.67B), Gold ($622M), Rough Wood ($161M), and Sawn Wood ($157M). The most common destination for the exports of Republic of the Congo are China ($5.45B), United Arab Emirates ($2.7B), India ($658M), Saudi Arabia ($644M), and Portugal ($338M).

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Exports (2023)
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Destinations (2023)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2022 - 2023)
Saudi Arabia$618M (+ 2.39k%)
United Arab Emirates$612M (+ 29.2%)
United Kingdom$144M (+ 443%)
Fastest Growing Import Markets (2022 - 2023)
China$750M (+ 100%)
Angola$736M (+ 146%)
Gabon$340M (+ 146%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Republic of the Congo Exports Services (2017)$108M
Republic of the Congo Imports Services (2017)$1.81B

In 2017, Republic of the Congo exported $108M worth of services. The top services exported by Republic of the Congo in 2017 were Government services, n.i.e. ($48.9M), Transportation ($34.6M), Miscellaneous business, professional, and technical services ($7.58M), Telecommunications services ($6.57M), and Personal travel ($6.01M).

The top services imported by Republic of the Congo in 2017 were Transportation ($936M), Insurance services ($373M), Miscellaneous business, professional, and technical services ($209M), Government services, n.i.e. ($178M), and Personal travel ($67.5M).

Service Exports (2017)

Service Imports (2017)

Economic Complexity

Overview

Economic Complexity (Trade)-1.73Rank 128 of 132
Economic Complexity (Research)-0.64Rank 98 of 140

Most Specialized Products by RCA Index

Republic of the Congo has a high level of specialization in Tin Ores (104), Refined Copper (81.1), Cobalt Oxides and Hydroxides (46.5), Rough Wood (23.4), and Niobium, Tantalum, Vanadium and Zirconium Ore (20.7). Specialization is measured using RCA, an index that takes the ratio between Republic of the Congo observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Republic of the Congo according to the product complexity index (PCI) are Tantalum; articles thereof, including waste and scrap (0.67), Builders' joinery and carpentry of wood, including cellular wood panels, assembled flooring... (0.18), Wood (including strips, friezes for parquet flooring, not assembled), continuously shaped (tongued,... (-0.83), Sheets for veneering (including those obtained by slicing laminated wood), for plywood... (-0.85), and Zinc; unwrought (-0.94). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Republic of the Congo according to the relatedness index, were Aluminium Ore (0.049), Manganese Ore (0.044), Nickel Ore (0.04), Other Mineral (0.04), and Copper Ore (0.039). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Republic of the Congo is not specialized in.

Product Space

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

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

Relatedness Space (2023)

Diversification Frontier

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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.

Diversification Frontier

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Republic of the Congo's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨100th to the 128th⁩ 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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ECI (Trade) Ranking by Country

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