Djibouti
2020 Product Exports | Imports: $160M | $5.37B, 180 of 226 | 129 of 226
2020 Per Capita Product Exports | Imports: $162 | $5.44k, 184 of 219 | 73 of 219
2019 Service Exports | Imports : $1.15B | $626M, 90 of 108 | 102 of 108
Overview In 2020 Djibouti was the number 180 economy in the world in terms of total exports and the number 129 in total imports.
Exports The top exports of Djibouti are Chlorides ($45.9M), Palm Oil ($45M), Other Animals ($11.6M), Dried Legumes ($10.9M), and Sheep and Goats ($9.46M), exporting mostly to Ethiopia ($50M), China ($43.9M), India ($16.1M), Saudi Arabia ($16M), and United Kingdom ($6.15M).
Imports The top imports of Djibouti are Refined Petroleum ($374M), Mixed Mineral or Chemical Fertilizers ($246M), Palm Oil ($232M), Seed Oils ($200M), and Delivery Trucks ($134M), importing mostly from China ($2.31B), United Arab Emirates ($754M), India ($337M), Turkey ($320M), and Morocco ($249M).
Location Djibouti borders Eritrea, Ethiopia, and Somalia by land and Yemen by sea.
Latest Trends
#permalink to sectionLatest Trade
#permalink to sectionThe following section uses the most recent trade data from partners of Djibouti.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Latest Data
#permalink to sectionThe 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.
Historical Data
#permalink to sectionYearly Trade
#permalink to sectionIn 2020, Djibouti exported a total of $160M, making it the number 180 exporter in the world. During the last five reported years the exports of Djibouti have changed by $61.5M from $98.2M in 2015 to $160M in 2020.
The most recent exports are led by Chlorides ($45.9M), Palm Oil ($45M), Other Animals ($11.6M), Dried Legumes ($10.9M), and Sheep and Goats ($9.46M). The most common destination for the exports of Djibouti are Ethiopia ($50M), China ($43.9M), India ($16.1M), Saudi Arabia ($16M), and United Kingdom ($6.15M).
Service Trade
#permalink to sectionService Trade
#permalink to sectionDjibouti Exports Services (2019): $1.15B
Djibouti Imports Services (2019): $626M
In 2019, Djibouti exported $1.15B worth of services. The top services exported by Djibouti in 2019 were Transportation ($615M), Government services, n.i.e. ($362M), Computer and information services ($113M), and Personal travel ($63.1M).
The top services imported by Djibouti in 2019 were Transportation ($532M), Government services, n.i.e. ($31.2M), Personal travel ($25M), Insurance services ($22.6M), and Computer and information services ($15M).
Economic Complexity
#permalink to sectionMost Specialized Products by RCA Index
#permalink to sectionDjibouti has a high level of specialization in Chlorides (1.73k), Other Animals (946), Sheep and Goats (677), Palm Oil (139), and Dried Legumes (96). Specialization is measured using RCA, an index that takes the ratio between Djibouti observed and expected exports in each product.
Most Complex Products by PCI
#permalink to sectionThe highest complexity exports of Djibouti according to the product complexity index (PCI) are Large Construction Vehicles (0.78), Other Large Iron Pipes (0.76), Binoculars and Telescopes (0.43), Iron Gas Containers (0.38), and Breathing Appliances (0.36). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Export Opportunities by Relatedness
#permalink to sectionThe top export opportunities for Djibouti according to the relatedness index, are Gold (0.071), Cocoa Beans (0.07), Niobium, Tantalum, Vanadium and Zirconium Ore (0.062), Bananas (0.061), and Crustaceans (0.061). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Djibouti is not specialized in.
Product Space
#permalink to sectionThe 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.
Diversification Frontier
#permalink to sectionThe 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.
