Chad
2020 Product Exports | Imports: $1.5B | $1.01B, 144 of 226 | 175 of 226
2020 Per Capita Product Exports | Imports: $91.4 | $61.6, 201 of 219 | 216 of 219
2018 Service Exports | Imports : $210M | $1.1B, 110 of 125 | 101 of 125
Overview In 2020 Chad was the number 144 economy in the world in terms of total exports and the number 175 in total imports.
Exports The top exports of Chad are Crude Petroleum ($1.19B), Gold ($213M), Other Oily Seeds ($70.8M), Insect Resins ($16.6M), and Raw Cotton ($5.44M), exporting mostly to China ($367M), France ($291M), Germany ($238M), United Arab Emirates ($216M), and Chinese Taipei ($196M).
Imports The top imports of Chad are Packaged Medicaments ($71.8M), Computers ($57.7M), Broadcasting Equipment ($39.7M), Cars ($33.2M), and Delivery Trucks ($31M), importing mostly from China ($298M), United Arab Emirates ($186M), France ($99.4M), India ($61.8M), and Netherlands ($56.1M).
Location Chad borders Cameroon, Central African Republic, Libya, Niger, Nigeria, and Sudan by land.
Latest Trends
#permalink to sectionLatest Trade
#permalink to sectionThe following section uses the most recent trade data from partners of Chad.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Latest Data
#permalink to sectionData is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Historical Data
#permalink to sectionYearly Trade
#permalink to sectionTop Export (2020): Crude Petroleum, $1.19B
Top Destination (2020): China, $298M
In 2020, Chad exported a total of $1.5B, making it the number 144 exporter in the world. During the last five reported years the exports of Chad have changed by -$648M from $2.15B in 2015 to $1.5B in 2020.
The most recent exports are led by Crude Petroleum ($1.19B), Gold ($213M), Other Oily Seeds ($70.8M), Insect Resins ($16.6M), and Raw Cotton ($5.44M). The most common destination for the exports of Chad are China ($367M), France ($291M), Germany ($238M), United Arab Emirates ($216M), and Chinese Taipei ($196M).
Market Growth
#permalink to sectionFastest Growing Export Markets (2019 - 2020)
- France, $217M (+ 294%)
- Chinese Taipei, $196M (+ 1.49M%)
- Germany, $178M (+ 297%)
Fastest Growing Import Markets (2019 - 2020)
- Netherlands, $39.4M (+ 236%)
- United Arab Emirates, $27.3M (+ 17.2%)
- China, $19.7M (+ 7.09%)
Service Trade
#permalink to sectionService Trade
#permalink to sectionChad 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).
Tariffs
#permalink to sectionTariffs by Product
#permalink to sectionThe 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:
Economic Complexity
#permalink to sectionMost Specialized Products by RCA Index
#permalink to sectionChad has a high level of specialization in Insect Resins (211), Other Oily Seeds (139), Crude Petroleum (20.7), Gold (5.62), and Raw Cotton (4.26). 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
#permalink to sectionThe highest complexity exports of Chad according to the product complexity index (PCI) are Silver, unwrought or semi-manufactured, silver powder (-0.67), Ground-nuts, not roasted or otherwise cooked (-2.06), Oil seeds and oleaginous fruits nes (-2.1), Petroleum oils, oils from bituminous minerals, crude (-2.2), and Gold, unwrought, semi-manufactured, powder form (-2.26). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Export Opportunities by Relatedness
#permalink to sectionThe top export opportunities for Chad according to the relatedness index, are Petroleum Gas (0.021), Manganese Ore (0.02), Cocoa Beans (0.019), Niobium, Tantalum, Vanadium and Zirconium Ore (0.018), and Dried Legumes (0.018). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Chad is not specialized in.
Product Space
#permalink to sectionThe 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 a country currently specializes in.
Diversification Frontier
#permalink to sectionThe Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.
Economic Complexity Ranking
#permalink to sectionDuring the last 11 years Chad's economy has become relatively less complex, moving from the 105th to the 123rd 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.
