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2022
Economic Complexity
Trade -1.74Rank 129 of 133
2022
Product
Exports | Imports $4.39B | $1.11B130 of 226 |  181 of 226
2022
Per Capita Product
Exports | Imports $247 | $62.5153 of 220 |  218 of 220

About

Overview In 2022, Chad was the number 140 economy in the world in terms of GDP (current US$), the number 130 in total exports, the number 181 in total imports, the number 177 economy in terms of GDP per capita (current US$) and the number 129 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Chad are Crude Petroleum ($3.33B), Gold ($876M), Other Oily Seeds ($106M), Insect Resins ($30.6M), and Raw Cotton ($29.6M), exporting mostly to Germany ($1.1B), China ($933M), United Arab Emirates ($883M), Chinese Taipei ($512M), and France ($419M).

Imports The top imports of Chad are Vaccines, blood, antisera, toxins and cultures ($71.2M), Jewellery ($63.6M), Electric Generating Sets ($61.4M), Broadcasting Equipment ($52M), and Packaged Medicaments ($47.5M), importing mostly from China ($281M), United Arab Emirates ($226M), France ($82.3M), United States ($78.9M), and Belgium ($75.3M).

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

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The 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.

* 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

Flow
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 (2022)Crude Petroleum$3.33B
Top Destination (2022)Germany$1.1B

In 2022, Chad exported a total of $4.39B, making it the number 130 exporter in the world. During the last five reported years the exports of Chad have changed by $3.11B from $1.27B in 2017 to $4.39B in 2022.

The most recent exports are led by Crude Petroleum ($3.33B), Gold ($876M), Other Oily Seeds ($106M), Insect Resins ($30.6M), and Raw Cotton ($29.6M). The most common destination for the exports of Chad are Germany ($1.1B), China ($933M), United Arab Emirates ($883M), Chinese Taipei ($512M), and France ($419M).

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Exports (2022)
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Destinations (2022)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2021 - 2022)
China$761M (+ 443%)
Netherlands$258M (+ 193%)
France$219M (+ 110%)
Fastest Growing Import Markets (2021 - 2022)
Belgium$53M (+ 238%)
United States$43.6M (+ 124%)
Turkey$17.6M (+ 44.5%)

Total Export Growth by Market (2021 - 2022)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Chad 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).

Service Exports (2018)

Service Imports (2018)

Economic Complexity

Most Specialized Products by RCA Index

Chad has a high level of specialization in Insect Resins (139), Other Oily Seeds (89.3), Crude Petroleum (12.4), Gold (9.9), and Raw Cotton (7.06). 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

The highest complexity exports of Chad according to the product complexity index (PCI) are Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured... (-0.98), Oil seeds and oleaginous fruits, n.e.c. in chapter 12; whether or not... (-2.4), Petroleum oils and oils obtained from bituminous minerals; crude (-2.49), Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or... (-2.5), and Lac; natural gums, resins, gum-resins and oleoresins (for example, balsams) (-2.57). 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 Chad according to the relatedness index, were Manganese Ore (0.019), Ground Nuts (0.018), Cocoa Beans (0.017), Other Ores (0.016), and Sorghum (0.016). 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

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 Chad. These are products that tend to be co-exported with the products that Chad exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

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

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Chad's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨nullth to the 129th⁩ 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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ECI (Trade) Ranking by Country

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