Overview: In 2018 Sudan was the number 92 economy in the world in terms of GDP (current US$), the number 118 in total exports, the number 114 in total imports, and the number 128 most complex economy according to the Economic Complexity Index (ECI). In 2018, Sudan exported $4.08B and imported $7.47B, resulting in a negative trade balance of -$3.39B. In 2018, Sudan's exports per capita were $97.6 and its imports per capita were $179.
In 2018 Sudan exported a total of $4.08B, making it the number 118 exporter in the world. During the last five reported years the exports of Sudan have changed by $114M from $3.97B in 2013 to $4.08B in 2018.
In 2018 Sudan imported $7.47B, making it the number 114 trade destination in the world. During the last five reported years the imports of Sudan changed by $47.5M from $7.42B in 2013 to $7.47B in 2018.
In 2015, Sudan exported $1.73B worth of services. The top services exported by Sudan in 2015 were Business travel ($940M), Other transport ($532M), Government services, n.i.e. ($128M), Other business services ($98.1M), and Construction in the compiling economy ($14.3M).
The top services imported by Sudan in 2015 were Other transport ($964M), Insurance services ($194M), Other business services ($163M), Business travel ($154M), and Government services, n.i.e. ($103M).
This section shows forecasts for total product exports and imports for Sudan. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
*The tariffs applied to imports for Sudan are:115: Common Market for Eastern and Southern Africa (Group I) FTA Member States116: Common Market for Eastern and Southern Africa (Group II) Non-FTA Member States136: Most Favoured Nation duty rate treatement213: Preferential tariff for Ethiopia313: Preferential tariff for the League of Arab States
During the last 18 years Sudan's economy has become relatively less complex, moving from the 69th 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.
Sudan has a high level of specialization in Sheep and Goats (1.13k), Other Oily Seeds (607), Insect Resins (597), Bran (147), and Ground Nuts (88.8). Specialization is measured using RCA, an index that takes the ratio between Sudan observed and expected exports in each product.
The top export opportunities for Sudan according to the relatedness index, are Crustaceans (0.074), Tropical Fruits (0.074), Cocoa Beans (0.07), Raw Sugar (0.069), and Maté (0.068). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Sudan 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.
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.
Sudan
