2022
Exports
$63.2MWorld Rnk 116 / 214
Flag Rnk 7 / 652
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$93.6MWorld Rnk 178 / 225
Flag Rnk 4 / 1011
2022
ECONOMIC COMPLEXITY of Republic of the Congo
-1.42Rnk 124 / 133

About

Exports In 2022, Republic of the Congo exported $63.2M in Refined Petroleum, making it the 116th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 7th most exported product in Republic of the Congo. The main destination of Refined Petroleum exports from Republic of the Congo are: Argentina ($24.7M), Singapore ($19.3M), United States ($15.8M), Brazil ($3.19M), and Niger ($110k).

The fastest growing export markets for Refined Petroleum of Republic of the Congo between 2021 and 2022 were Brazil ($3.19M), Angola ($33.3k), and India ($1.07k).

Imports In 2022, Republic of the Congo imported $93.6M in Refined Petroleum, becoming the 178th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 4th most imported product in Republic of the Congo. Republic of the Congo imports Refined Petroleum primarily from: Democratic Republic of the Congo ($55.7M), United Arab Emirates ($13.4M), France ($10.8M), Belgium ($5.81M), and Senegal ($1.42M).

The fastest growing import markets in Refined Petroleum for Republic of the Congo between 2021 and 2022 were United Arab Emirates ($9.39M), France ($6.34M), and Democratic Republic of the Congo ($4.14M).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$63.2M
IMPORTS (2022)$93.6M
NET TRADE (2022)-$30.4M

In 2022, Republic of the Congo exported $63.2M in Refined Petroleum. The main destinations of Republic of the Congo exports on Refined Petroleum were Argentina ($24.7M), Singapore ($19.3M), United States ($15.8M), Brazil ($3.19M), and Niger ($110k).

In 2022, Republic of the Congo imported $93.6M in Refined Petroleum, mainly from Democratic Republic of the Congo ($55.7M), United Arab Emirates ($13.4M), France ($10.8M), Belgium ($5.81M), and Senegal ($1.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Republic of the Congo WERE (2021 - 2022):
Brazil$3.19M (1%)
Angola$33.3k (55.9%)
India$1.07k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Republic of the Congo WERE (2021 - 2022):
Togo-$177M (-100%)
Cameroon-$34.2M (-100%)
Argentina-$24.6M (-49.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Republic of the Congo's main exporting competitors in Refined Petroleum were:
In 2022, Republic of the Congo's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $29M
TOP IMPORT POTENTIALBelgium+ $2.78M

Refined Petroleum’s highest export potential is United States. With an export gap of $29M.   Refined Petroleum’s highest import potential is Belgium with an import gap of $2.78M.

See methodology.

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