Republic of the Congo recorded a trade surplus of 6564 USD Billion in 2018. source: World Bank

Balance of Trade in Republic of the Congo averaged 1114.08 USD Billion from 1960 until 2018, reaching an all time high of 6844 USD Billion in 2011 and a record low of -1109 USD Billion in 2015. This page provides - Republic of the Congo Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Republic of the Congo Balance of Trade - values, historical data and charts - was last updated on June of 2021.

Balance of Trade in Republic of the Congo is expected to reach 1900.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Republic of the Congo Balance of Trade is projected to trend around 3850.00 USD Billion in 2021 and 4400.00 USD Billion in 2022, according to our econometric models.

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Republic of the Congo Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
6564.00 2333.00 6844.00 -1109.00 1960 - 2018 USD Billion Yearly

Republic of the Congo Trade Last Previous Highest Lowest Unit
Current Account to GDP 8.20 6.70 20.13 -44.84 percent of GDP [+]
Exports 5580830919.00 10034000000.00 11851000000.00 18000000.00 Thousand USD [+]
Terrorism Index 2.04 2.69 4.04 0.00 [+]
Crude Oil Production 268.00 264.00 437.00 33.00 BBL/D/1K [+]

Republic of the Congo Balance of Trade
Republic of Congo has one of the largest oil reserves in sub-Saharan Africa. As a result, the country runs consistent trade surpluses. Republic of Congo also exports diamonds and timber. Main imports are: foodstuffs, machinery and clothing. Main trading partners are United States, Angola and France.