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 154 most complex economy according to the Economic Complexity Index (ECI).
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.
In 2016, Chad exported $235M worth of services. The top services exported by Chad in 2016 were Telecommunications services ($85.5M), Miscellaneous business, professional, and technical services ($66.8M), Personal travel ($65.9M), Construction in the compiling economy ($10.3M), and Air transport ($8.61M).
The top services imported by Chad in 2016 were Financial services ($298M), Miscellaneous business, professional, and technical services ($261M), Personal travel ($163M), Sea transport ($157M), and Other transport ($24.1M).
*The tariffs applied to imports for Chad are:136: Most Favoured Nation duty rate treatement203: Preferential tariff for Economic and Monetary Community of Central Africa (French: Communauté économique et monétaire de l'Afrique centrale (CEMAC))
During the last 20 years Chad's economy has become relatively less complex, moving from the 59th to the 154th 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.
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.