Flag Djibouti

Product Exports (2018): $97.8M, Rank 190 of 222

Exports Per Capita (2018): $102, Rank 39 of 219

Product Imports (2018): $5.5B, Rank 129 of 221

Imports Per Capita (2018): $5.74k, Rank 3 of 219

Service Exports (2017): $418M, Rank 121 of 139

Service Imports (2017): $214M, Rank 132 of 139

GDP (2018): $2.96B, CURRENT US$
Rank 166 of 196

GDP growth (2008 - 2018): 196%, CURRENT US$
Rank 7 of 196

GDP PC (2018): $3,083, CURRENT US$
Rank 139 of 196

GDP PC GROWTH (2008 - 2018): 152%, CURRENT US$
Rank 5 of 196

Overview: This page contains the latest international trade data for Djibouti, including service trade data. In 2018 Djibouti was the number 166 economy in the world in terms of GDP (current US$), the number 190 in total exports, and the number 129 in total imports. In 2018, Djibouti exported $97.8M and imported $5.5B, resulting in a negative trade balance of -$5.4B. In 2018, Djibouti's exports per capita were $102 and its imports per capita were $5.74k.

Trade: The top exports of Djibouti are Sheep and Goats ($27.1M), Other Animals ($19.3M), Coffee ($10.7M), Dried Legumes ($4.66M), and Soybeans ($3.88M). The top imports of Djibouti are Refined Petroleum ($1.15B), Palm Oil ($334M), Raw Sugar ($191M), Coated Flat-Rolled Iron ($147M), and Mixed Mineral or Chemical Fertilizers ($110M).

Destinations: Djibouti exports mostly to Saudi Arabia ($48.3M), India ($11.1M), Nigeria ($6.45M), United Kingdom ($6.13M), and Netherlands ($3.05M), and imports mostly from China ($1.87B), United Arab Emirates ($1.07B), India ($859M), Indonesia ($212M), and Malaysia ($205M).

Location: Djibouti borders Eritrea, Ethiopia, and Somalia by land and Yemen by sea.

Yearly Exports

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Top Export (2018): Sheep and Goats, $27.1M

Top Destination (2018): Saudi Arabia, $48.3M

In 2018 Djibouti exported a total of $97.8M, making it the number 190 exporter in the world. During the last five reported years the exports of Djibouti have changed by $16.9M from $80.9M in 2013 to $97.8M in 2018.

The most recent exports are led by Sheep and Goats ($27.1M), Other Animals ($19.3M), Coffee ($10.7M), Dried Legumes ($4.66M), and Soybeans ($3.88M). The most common destination for the exports of Djibouti are Saudi Arabia ($48.3M), India ($11.1M), Nigeria ($6.45M), United Kingdom ($6.13M), and Netherlands ($3.05M).

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Yearly Imports

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Top Import (2018): Refined Petroleum, $1.15B

Top Origin (2018): China, $1.87B

In 2018 Djibouti imported $5.5B, making it the number 129 trade destination in the world. During the last five reported years the imports of Djibouti changed by $2.76B from $2.74B in 2013 to $5.5B in 2018.

The most recent imports of Djibouti are led by Refined Petroleum ($1.15B), Palm Oil ($334M), Raw Sugar ($191M), Coated Flat-Rolled Iron ($147M), and Mixed Mineral or Chemical Fertilizers ($110M). The most common import partners for Djibouti are China ($1.87B), United Arab Emirates ($1.07B), India ($859M), Indonesia ($212M), and Malaysia ($205M).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Djibouti Exports Services (2017): $418M

Djibouti Imports Services (2017): $214M

In 2017, Djibouti exported $418M worth of services. The top services exported by Djibouti in 2017 were Government services, n.i.e. ($224M), Transportation ($126M), Business travel ($35.1M), Computer and information services ($21.1M), and Other business services ($11.9M).

The top services imported by Djibouti in 2017 were Transportation ($129M), Personal travel ($27.8M), Government services, n.i.e. ($21M), Insurance services ($19.8M), and Other business services ($16.1M).

Trade Forecasts

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This section shows forecasts for total product exports and imports for Djibouti. 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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Most Specialized Products by RCA Index

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Djibouti has a high level of specialization in Other Animals (3.04k), Sheep and Goats (2.66k), Other Locomotives (438), Tanned Goat Hides (326), and Railway Track Fixtures (302). 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

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The highest complexity exports of Djibouti according to the product complexity index (PCI) are Metal pickling preps, solder, brazing flux, weld cores (1.73), Amino-resins, pheonolic resins, polyurethanes, primary (1.23), Machinery for dish washing, bottle washing, filling (1.12), Breathing appliances and gas masks (0.97), and Derricks, cranes, straddle carriers, crane trucks (0.95). 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 Djibouti according to the relatedness index, are Gold (0.1), Crude Petroleum (0.098), Crustaceans (0.09), Tropical Fruits (0.089), and Legumes (0.087). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Djibouti 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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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.