Overview: In 2018 South Sudan was the number 0 economy in the world in terms of GDP (current US$), the number 136 in total exports, the number 177 in total imports,
the number 0 economy in terms of GDP per capita (current US$) and the number 133 most complex economy according to the Economic Complexity Index (ECI)
In 2018, South Sudan exported a total of $1.71B, making it the number 136 exporter in the world. During the last five reported years the exports of South Sudan have changed by -$560M from $2.27B in 2013 to $1.71B in 2018.
In 2018 South Sudan imported $811M, making it the number 177 trade destination in the world. During the last five reported years the imports of South Sudan changed by $397M from $415M in 2013 to $811M in 2018.
In 2018, South Sudan exported $1.71B worth of services. The top services exported by South Sudan in 2018 were Merchanting and other trade-related services ($1.63B), Franchises and similar rights ($24.4M), Construction services ($22.1M), Personal, cultural, and recreational services ($19.5M), and Other government services ($7.51M).
The top services imported by South Sudan in 2018 were Transportation ($294M), Computer and information services ($80.2M), Other business services ($53.4M), Other government services ($51.7M), and Financial services ($24.1M).
This section shows forecasts for total product exports and imports for South Sudan. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
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.
South Sudan has a high level of specialization in Forage Crops (117), Crude Petroleum (16.3), Dried Legumes (11.4), Raw Cotton (9.85), and Insect Resins (7.49). Specialization is measured using RCA, an index that takes the ratio between South Sudan observed and expected exports in each product.
The top export opportunities for South Sudan according to the relatedness index, are Chromium Ore (0.021), Petroleum Gas (0.02), Gold (0.019), Other Oily Seeds (0.019), and Other Ores (0.018). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that South 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.