2023
Flag  
GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
 GDP
$66.4BCURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP GROWTH
103%CURRENT US$
Rnk 12 / 195
2023
Flag
GDP PC 
$64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC
$628CURRENT US$
Rnk 188 / 196
2013-2023
Flag
GDP PC GROWTH
45.5%CURRENT US$
Rnk 51 / 195

About

Australia-Democratic Republic of the Congo Trade: In 2023, Australia exported $2.61M to Democratic Republic of the Congo. The main products that Australia exported to Democratic Republic of the Congo were Other Electrical Machinery ($782k), Valves ($280k), and Stone Processing Machines ($199k). Over the past 5 years the exports of Australia to Democratic Republic of the Congo have decreased at an annualized rate of 43.9%, from $46.8M in 2018 to $2.61M in 2023.

In 2023, Australia did not export any services to Democratic Republic of the Congo.

Democratic Republic of the Congo-Australia Trade: In 2023, Democratic Republic of the Congo exported $125k to Australia. The main products that Democratic Republic of the Congo exported to Australia were Sawn Wood ($46.7k), Cobalt Oxides and Hydroxides ($44.8k), and Surveying Equipment ($21.1k). Over the past 5 years the exports of Democratic Republic of the Congo to Australia have decreased at an annualized rate of 16.1%,  from $301k in 2018 to $125k in 2023.

In 2023, Democratic Republic of the Congo did not export any services to Australia.

Comparison: In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). That same year, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.94), and 78 in total exports ($20.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Australia exported $2.61M to Democratic Republic of the Congo. The main products exported from Australia to Democratic Republic of the Congo were Other Electrical Machinery ($782k), Valves ($280k), and Stone Processing Machines ($199k). During the last 5 years the exports of Australia to Democratic Republic of the Congo have decreased at an annualized rate of 43.9%, from $46.8M in 2018 to $2.61M in 2023.

In 2018, Democratic Republic of the Congo exported $125k to Australia. The main products exported from Democratic Republic of the Congo to Australia were Sawn Wood ($46.7k), Cobalt Oxides and Hydroxides ($44.8k), and Surveying Equipment ($21.1k). During the last 5 years the exports of Democratic Republic of the Congo to Australia have decreased at an annualized rate of 16.1%, from $301k in 2023 to $125k in 2018.

Exports from Australia (Flag) to Democratic Republic of the Congo (Flag) (2023)

Exports from Democratic Republic of the Congo (Flag) to Australia (Flag) (2023)

Market Competitiveness

Color
Australia
Top Destination
China$137B

This map shows whether countries import more from Australia or Democratic Republic of the Congo. Each country is colored based on the difference in imports they receive from Australia and Democratic Republic of the Congo or the difference in the growth in imports.

In 2023, countries that imported more from Australia than Democratic Republic of the Congo included China ($137B), Japan ($59B), and South Korea ($20.9B).

In 2023, countries that imported more from Democratic Republic of the Congo than Australia included Zambia ($182M), Namibia ($60.2M), and Central African Republic ($20.7M).

Difference in imports from Democratic Republic of the Congo (Flag) and Australia (Flag) (2023)

Comparative Advantage Australia - Democratic Republic of the Congo

Flow
Scale

This chart compares trade between Australia and Democratic Republic of the Congo by product, considering products traded by both, Australia and Democratic Republic of the Congo.

During 2023, Australia had a large net trade with Democratic Republic of the Congo in the exports of Machines ($1.85M), Metals ($196k), and Vegetable Products ($193k).

During 2018, Democratic Republic of the Congo had a large net trade with Australia in the exports of Wood Products ($46.7k), Chemical Products ($44.8k), and Instruments ($21.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Democratic Republic of the Congo+$398kMalt Extract
Top Product Potential Democratic Republic of the Congo Australia+$35.6kBaked Goods

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and Democratic Republic of the Congo. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Democratic Republic of the Congo. Similarly, a dot/product with the flag of Democratic Republic of the Congo indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Democratic Republic of the Congo (Flag) (2023)

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