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2022
Economic Complexity
Trade -1.36Rank 116 of 124
2022
Economic Complexity
Research -0.53Rank 88 of 135
2022
Product
Exports | Imports $12.4B | $3.76B96 of 226 |  151 of 226
2022
Per Capita Product
Exports | Imports $2.08k | $630114 of 219 |  175 of 219

About

Overview In 2022, Republic of the Congo was the number 132 economy in the world in terms of GDP (current US$), the number 96 in total exports, the number 151 in total imports, the number 138 economy in terms of GDP per capita (current US$) and the number 116 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Republic of the Congo are Crude Petroleum ($8.19B), Refined Copper ($3.23B), Rough Wood ($218M), Sawn Wood ($144M), and Tin Ores ($122M), exporting mostly to China ($4.82B), India ($2.44B), United Arab Emirates ($1.87B), Italy ($589M), and Vietnam ($537M).

Imports The top imports of Republic of the Congo are Poultry Meat ($194M), Vaccines, blood, antisera, toxins and cultures ($144M), Wheat ($117M), Refined Petroleum ($93.6M), and Palm Oil ($82.5M), importing mostly from China ($976M), France ($339M), United Arab Emirates ($230M), Belgium ($209M), and India ($179M).

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 (2022)Crude Petroleum$8.19B
Top Destination (2022)China$4.82B

In 2022, Republic of the Congo exported a total of $12.4B, 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 $1.65B from $10.8B in 2017 to $12.4B in 2022.

The most recent exports are led by Crude Petroleum ($8.19B), Refined Copper ($3.23B), Rough Wood ($218M), Sawn Wood ($144M), and Tin Ores ($122M). The most common destination for the exports of Republic of the Congo are China ($4.82B), India ($2.44B), United Arab Emirates ($1.87B), Italy ($589M), and Vietnam ($537M).

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Exports (2022)
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Destinations (2022)
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Market Growth

Flow
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Fastest Growing Export Markets (2021 - 2022)
China$3.7B (+ 330%)
India$2.34B (+ 2.42k%)
Brazil$398M (+ 641k%)
Fastest Growing Import Markets (2021 - 2022)
China$324M (+ 49.8%)
United Arab Emirates$95.2M (+ 70.8%)
United States$63.1M (+ 56.7%)

Total Export Growth by Market (2021 - 2022)

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)-1.36Rank 116 of 124
Economic Complexity (Research)-0.53Rank 88 of 135

Most Specialized Products by RCA Index

Republic of the Congo has a high level of specialization in Tin Ores (193), Refined Copper (64.9), Niobium, Tantalum, Vanadium and Zirconium Ore (64.8), Rough Wood (26.9), and Crude Petroleum (10.8). 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 Sheets for veneering (including those obtained by slicing laminated wood), for plywood... (-0.8), Quartz; (other than natural sands), quartzite, whether or not roughly trimmed or... (-0.86), Zinc; unwrought (-0.93), Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed,... (-1.22), and Wood in the rough, whether or not stripped of bark or sapwood,... (-1.29). 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 Manganese Ore (0.044), Cocoa Shells (0.04), Uranium and Thorium Ore (0.039), Copper Ore (0.039), and Gold (0.036). 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.

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.

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Republic of the Congo's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨101st to the 116th⁩ 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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