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2023
Product
Exports | Imports $229M | $842M181 of 226 |  187 of 226
2023
Per Capita Product
Exports | Imports $44.5 | $163176 of 220 |  207 of 220

About

Overview In 2023 Central African Republic was the number 181 economy in the world in terms of total exports and the number 187 in total imports.

Exports The top exports of Central African Republic are Gold ($113M), Rough Wood ($51.1M), Diamonds ($21.8M), Sawn Wood ($20.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.1M), exporting mostly to United Arab Emirates ($123M), China ($31.7M), France ($13.1M), Turkey ($12.3M), and Belgium ($9.81M).

Imports The top imports of Central African Republic are Refined Petroleum ($109M), Cars ($36.3M), Packaged Medicaments ($35.2M), Vaccines, blood, antisera, toxins and cultures ($30.9M), and Tanks and Armored vehicles ($26.3M), importing mostly from China ($132M), Cameroon ($115M), France ($70.7M), Belgium ($47M), and Cote d'Ivoire ($46.3M).

Location Central African Republic borders Cameroon, Chad, Democratic Republic of the Congo, Republic of the Congo, South Sudan, and Sudan by land.

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Central African Republic.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

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Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Gold$113M
Top Destination (2023)United Arab Emirates$123M

In 2023, Central African Republic exported a total of $229M, making it the number 181 exporter in the world. During the last five reported years the exports of Central African Republic have changed by $75.5M from $154M in 2018 to $229M in 2023.

The most recent exports are led by Gold ($113M), Rough Wood ($51.1M), Diamonds ($21.8M), Sawn Wood ($20.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.1M). The most common destination for the exports of Central African Republic are United Arab Emirates ($123M), China ($31.7M), France ($13.1M), Turkey ($12.3M), and Belgium ($9.81M).

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Exports (2023)
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Destinations (2023)
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Market Growth

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Growth
Fastest Growing Export Markets (2022 - 2023)
United Arab Emirates$31M (+ 33.7%)
Turkey$6.33M (+ 107%)
China$6.03M (+ 23.5%)
Fastest Growing Import Markets (2022 - 2023)
China$70.5M (+ 114%)
Cote d'Ivoire$40.7M (+ 730%)
Japan$30.2M (+ 439%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Central African Republic Exports Services (2018)$50.6M
Central African Republic Imports Services (2018)$352M

In 2018, Central African Republic exported $50.6M worth of services. The top services exported by Central African Republic in 2018 were Miscellaneous business, professional, and technical services ($21.8M), Personal travel ($19.9M), Other transport ($3.57M), Air transport ($1.65M), and Business travel ($1.39M).

The top services imported by Central African Republic in 2018 were Personal travel ($162M), Other transport ($101M), Sea transport ($37.7M), Miscellaneous business, professional, and technical services ($21M), and Air transport ($20.5M).

Service Exports (2018)

Service Imports (2018)

Economic Complexity

Most Specialized Products by RCA Index

Central African Republic has a high level of specialization in Rough Wood (383), Sawn Wood (54.9), Diamonds (21.8), Other Headwear (21.7), and Gold (19.4). Specialization is measured using RCA, an index that takes the ratio between Central African Republic observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Central African Republic according to the product complexity index (PCI) are Cells and batteries; primary (1.06), Machinery parts; used solely or principally with the machinery of heading no.... (1.03), Trailers and semi-trailers; other vehicles, not mechanically propelled; parts thereof (0.91), Sound or video recording apparatus; parts and accessories suitable for use solely... (0.89), and Derricks, cranes, including cable cranes, mobile lifting frames, straddle carriers and works... (0.87). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Central African Republic according to the relatedness index, were Cocoa Beans (0.054), Crude Petroleum (0.049), Bran (0.049), Other Mineral (0.049), and Tropical Fruits (0.047). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Central African Republic is not specialized in.

Product Space

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 a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Central African Republic. These are products that tend to be co-exported with the products that Central African Republic exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

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Depth

The 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.

Diversification Frontier

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