Flag Chad

Econ Complexity (2018): -1.7, Rank 132 of 137

Product Exports (2018): $1.53B, Rank 138 of 222

Exports Per Capita (2018): $98.5, Rank 40 of 219

Product Imports (2018): $737M, Rank 180 of 221

Imports Per Capita (2018): $47.6, Rank 109 of 219

Service Exports (2016): $235M, Rank 132 of 152

Service Imports (2016): $954M, Rank 116 of 152

GDP (2018): $11.3B, CURRENT US$
Rank 138 of 196

GDP growth (2008 - 2018): 8.9%, CURRENT US$
Rank 146 of 196

GDP PC (2018): $728, CURRENT US$
Rank 181 of 196

GDP PC GROWTH (2008 - 2018): -21.3%, CURRENT US$
Rank 185 of 196

Overview: This page contains the latest international trade data for Chad, including service trade data, and tariffs. In 2018 Chad was the number 138 economy in the world in terms of GDP (current US$), the number 138 in total exports, the number 180 in total imports, and the number 132 most complex economy according to the Economic Complexity Index (ECI). In 2018, Chad exported $1.53B and imported $737M, resulting in a positive trade balance of $788M. In 2018, Chad's exports per capita were $98.5 and its imports per capita were $47.6.

Trade: The top exports of Chad are Crude Petroleum ($1.32B), Gold ($136M), Insect Resins ($24.7M), Other Oily Seeds ($23.5M), and Raw Cotton ($9.71M). The top imports of Chad are Packaged Medicaments ($46.8M), Crude Petroleum ($33.4M), Industrial Fatty Acids, Oils and Alcohols ($25.2M), Other Edible Preparations ($21.2M), and Broadcasting Equipment ($18.5M).

Destinations: Chad exports mostly to India ($460M), United States ($439M), Netherlands ($320M), United Arab Emirates ($138M), and China ($83.7M), and imports mostly from China ($185M), United Arab Emirates ($113M), France ($88.3M), United States ($46.9M), and Qatar ($33.4M).

Location: Chad borders Cameroon, Central African Republic, Libya, Niger, Nigeria, and Sudan by land.

Yearly Exports

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Top Export (2018): Crude Petroleum, $1.32B

Top Destination (2018): India, $460M

In 2018 Chad exported a total of $1.53B, making it the number 138 exporter in the world. During the last five reported years the exports of Chad have changed by -$1.18B from $2.71B in 2013 to $1.53B in 2018.

The most recent exports are led by Crude Petroleum ($1.32B), Gold ($136M), Insect Resins ($24.7M), Other Oily Seeds ($23.5M), and Raw Cotton ($9.71M). The most common destination for the exports of Chad are India ($460M), United States ($439M), Netherlands ($320M), United Arab Emirates ($138M), and China ($83.7M).

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Yearly Imports

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Depth

Top Import (2018): Packaged Medicaments, $46.8M

Top Origin (2018): China, $185M

In 2018 Chad imported $737M, making it the number 180 trade destination in the world. During the last five reported years the imports of Chad changed by -$399M from $1.14B in 2013 to $737M in 2018.

The most recent imports of Chad are led by Packaged Medicaments ($46.8M), Crude Petroleum ($33.4M), Industrial Fatty Acids, Oils and Alcohols ($25.2M), Other Edible Preparations ($21.2M), and Broadcasting Equipment ($18.5M). The most common import partners for Chad are China ($185M), United Arab Emirates ($113M), France ($88.3M), United States ($46.9M), and Qatar ($33.4M).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Chad Exports Services (2016): $235M

Chad Imports Services (2016): $954M

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).

Trade Forecasts

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This section shows forecasts for total product exports and imports for Chad. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Tariffs by Product

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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.

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*The tariffs applied to imports for Chad are:
136: Most Favoured Nation duty rate treatement
203: Preferential tariff for Economic and Monetary Community of Central Africa (French: Communauté économique et monétaire de l'Afrique centrale (CEMAC))

Economic Complexity

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Economic Complexity Ranking

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During the last 13 years Chad's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨106th to the 132nd⁩ 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.

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Most Specialized Products by RCA Index

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Chad has a high level of specialization in Insect Resins (339), Other Oily Seeds (55.2), Crude Petroleum (14.8), Raw Cotton (7.77), and Gold (5.37). Specialization is measured using RCA, an index that takes the ratio between Chad observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Chad according to the product complexity index (PCI) are Vegetable saps, etc, pectin etc, agar-agar etc (-0.85), Raw skins of sheep or lambs (-1.71), Oil seeds and oleaginous fruits nes (-2.25), Lac, natural gums, resins, gum-resins and balsams (-2.33), and Gold, unwrought, semi-manufactured, powder form (-2.34). 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 Chad according to the relatedness index, are Tanned Goat Hides (0.023), Chromium Ore (0.021), Ground Nuts (0.02), Petroleum Gas (0.02), and Maté (0.019). 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.

Diversification Frontier

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Depth

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.