Chad2019 Economic Complexity : -1.91, Rank 144 of 146
2019 Product Exports | Imports: $1.19B | $965M, 153 of 225 | 180 of 225
2019 Per Capita Product Exports | Imports: $74.6 | $60.5, 203 of 219 | 217 of 219
2018 Service Exports | Imports : $210M | $1.1B, 110 of 125 | 101 of 125
Overview In 2019 Chad was the number 139 economy in the world in terms of GDP (current US$), the number 153 in total exports, the number 180 in total imports, the number 174 economy in terms of GDP per capita (current US$) and the number 144 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Chad are Crude Petroleum ($877M), Gold ($252M), Other Oily Seeds ($34.8M), Insect Resins ($21M), and Raw Cotton ($1.34M), exporting mostly to China ($386M), United Arab Emirates ($253M), India ($225M), United States ($119M), and France ($73.5M).
Imports The top imports of Chad are Delivery Trucks ($41.6M), Nonaqueous Paints ($41.1M), Packaged Medicaments ($41.1M), Planes, Helicopters, and/or Spacecraft ($36.9M), and Broadcasting Equipment ($34.7M), importing mostly from China ($278M), United Arab Emirates ($159M), France ($95.3M), United States ($77.6M), and India ($52.4M).
Location Chad borders Cameroon, Central African Republic, Libya, Niger, Nigeria, and Sudan by land.
Top Export (2019): Crude Petroleum, $877M
Top Destination (2019): China, $386M
In 2019, Chad exported a total of $1.19B, making it the number 153 exporter in the world. During the last five reported years the exports of Chad have changed by -$1.66B from $2.85B in 2014 to $1.19B in 2019.
The most recent exports are led by Crude Petroleum ($877M), Gold ($252M), Other Oily Seeds ($34.8M), Insect Resins ($21M), and Raw Cotton ($1.34M). The most common destination for the exports of Chad are China ($386M), United Arab Emirates ($253M), India ($225M), United States ($119M), and France ($73.5M).
Top Import (2019): Delivery Trucks, $41.6M
Top Origin (2019): China, $278M
In 2019 Chad imported $965M, making it the number 180 trade destination in the world. During the last five reported years the imports of Chad changed by -$428M from $1.39B in 2014 to $965M in 2019.
The most recent imports of Chad are led by Delivery Trucks ($41.6M), Nonaqueous Paints ($41.1M), Packaged Medicaments ($41.1M), Planes, Helicopters, and/or Spacecraft ($36.9M), and Broadcasting Equipment ($34.7M). The most common import partners for Chad are China ($278M), United Arab Emirates ($159M), France ($95.3M), United States ($77.6M), and India ($52.4M).
Fastest Growing Export Markets (2018 - 2019)
Fastest Growing Import Markets (2018 - 2019)
Chad Exports Services (2018): $210M
Chad Imports Services (2018): $1.1B
In 2018, Chad exported $210M worth of services. The top services exported by Chad in 2018 were Miscellaneous business, professional, and technical services ($116M), Business travel ($27M), Construction abroad ($23.9M), Telecommunications services ($18M), and Air transport ($10.5M).
The top services imported by Chad in 2018 were Sea transport ($249M), Miscellaneous business, professional, and technical services ($249M), Other transport ($195M), Air transport ($170M), and Information services ($166M).
The top product import tariffs by their MFN Ad Valorem value for Chad are Acrylic or vinyl polymer paint or varnish, non-aqueou (30%) and Agarbatti, odorifers operated by burning (30%).
Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
*The tariffs applied to imports for Chad are:
Chad has a high level of specialization in Insect Resins (351), Other Oily Seeds (94.1), Crude Petroleum (13.5), Gold (11.2), and Raw Cotton (1.33). Specialization is measured using RCA, an index that takes the ratio between Chad observed and expected exports in each product.
The highest complexity exports of Chad according to the product complexity index (PCI) are Oil seeds and oleaginous fruits nes (-2.37), Ground-nuts, not roasted or otherwise cooked (-2.47), Gold, unwrought, semi-manufactured, powder form (-2.52), Lac, natural gums, resins, gum-resins and balsams (-2.56), and Cotton, not carded or combed (-2.81). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Chad according to the relatedness index, are Ground Nut Oil (0.022), Manganese Ore (0.022), Dried Legumes (0.021), Petroleum Gas (0.021), and Coconuts, Brazil Nuts, and Cashews (0.02). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Chad 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.
During the last 14 years Chad's economy has become relatively less complex, moving from the 117th to the 144th 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.