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2023
Product
Exports | Imports $101M | $456M195 of 226 |  198 of 226
2023
Per Capita Product
Exports | Imports $119 | $536167 of 220 |  178 of 220

About

Overview In 2023 Comoros was the number 195 economy in the world in terms of total exports and the number 198 in total imports.

Exports The top exports of Comoros are Cloves ($65.6M), Scrap Vessels ($17.6M), Essential Oils ($5.01M), Vanilla ($3.45M), and Tug Boats ($1.8M), exporting mostly to Indonesia ($24.9M), India ($23.2M), Turkey ($16.5M), United Arab Emirates ($11M), and United States ($3.34M).

Imports The top imports of Comoros are Refined Petroleum ($36.5M), Rice ($29.5M), Poultry Meat ($28.4M), Flavored Water ($26.5M), and Boat Propellers ($23.2M), importing mostly from China ($111M), United Arab Emirates ($94.8M), Tanzania ($54.7M), France ($30.4M), and India ($26.6M).

Location Comoros borders France, Madagascar, Mozambique, Seychelles, and Tanzania by sea.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

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

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)Cloves$65.6M
Top Destination (2023)Indonesia$24.9M

In 2023, Comoros exported a total of $101M, making it the number 195 exporter in the world. During the last five reported years the exports of Comoros have changed by -$6.97M from $108M in 2018 to $101M in 2023.

The most recent exports are led by Cloves ($65.6M), Scrap Vessels ($17.6M), Essential Oils ($5.01M), Vanilla ($3.45M), and Tug Boats ($1.8M). The most common destination for the exports of Comoros are Indonesia ($24.9M), India ($23.2M), Turkey ($16.5M), United Arab Emirates ($11M), and United States ($3.34M).

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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)
Indonesia$19.4M (+ 350%)
India$10.6M (+ 84.6%)
United Arab Emirates$5.02M (+ 83.4%)
Fastest Growing Import Markets (2022 - 2023)
China$43.6M (+ 64.7%)
Tanzania$29.6M (+ 118%)
Pakistan$20.9M (+ 429%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Comoros Exports Services (2018)$108M
Comoros Imports Services (2018)$106M

In 2018, Comoros exported $108M worth of services. The top services exported by Comoros in 2018 were Personal travel ($64.5M), Computer and information services ($20.2M), Business travel ($11.5M), Transportation ($6.14M), and Government services, n.i.e. ($4.43M).

The top services imported by Comoros in 2018 were Transportation ($53.7M), Personal travel ($24.5M), Other business services ($9.39M), Insurance services ($8.66M), and Computer and information services ($6.88M).

Service Exports (2018)

Service Imports (2018)

Economic Complexity

Most Specialized Products by RCA Index

Comoros has a high level of specialization in Cloves (21.5k), Scrap Vessels (3.04k), Vanilla (1.26k), Essential Oils (201), and Tug Boats (104). Specialization is measured using RCA, an index that takes the ratio between Comoros observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Comoros according to the product complexity index (PCI) are Tools, hand; spades, shovels, mattocks, picks, hoes, forks, rakes; axes, bill hooks... (0.58), Yachts and other vessels; for pleasure or sports, rowing boats and canoes (0.53), Aircraft n.e.c. in heading no. 8801 (e.g. helicopters, aeroplanes); spacecraft (including satellites)... (0.5), Watch straps, watch bands, watch bracelets and parts thereof (0.24), and Containers for compressed or liquefied gas, of iron or steel (0.038). 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 Comoros according to the relatedness index, were Cocoa Beans (0.029), Refined Petroleum (0.029), Hard Liquor (0.027), Non-fillet Frozen Fish (0.027), and Non-fillet Fresh Fish (0.025). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Comoros 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 Comoros. These are products that tend to be co-exported with the products that Comoros 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

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