Sudan recorded a trade deficit of 800320 USD Thousand in December of 2019.

Balance of Trade in Sudan averaged -229397.30 USD Thousand from 2003 until 2019, reaching an all time high of 704214 USD Thousand in May of 2011 and a record low of -5102027 USD Thousand in January of 2017. This page provides - Sudan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sudan Balance of Trade - values, historical data and charts - was last updated on August of 2020.

Balance of Trade in Sudan is expected to be -532797.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Sudan to stand at -528406.00 in 12 months time. In the long-term, the Sudan Balance of Trade is projected to trend around -527034.00 USD Thousand in 2021 and -526947.00 USD Thousand in 2022, according to our econometric models.

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Sudan Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-800320.00 -527391.00 704214.00 -5102027.00 2003 - 2019 USD Thousand Monthly

Sudan Trade Last Previous Highest Lowest Unit
Balance of Trade -800320.00 -527391.00 704214.00 -5102027.00 USD Thousand [+]
Current Account -1445.50 -2171.70 1756.20 -2375.77 USD Million [+]
Current Account to GDP -7.80 -13.60 1.23 -15.22 percent [+]
Imports 1291401.00 763353.00 1318979.00 174078.00 USD Thousand [+]
Exports 491081.00 235963.00 4060977.00 141830.00 USD Thousand [+]
Capital Flows 943.80 892.70 1740.89 -964.20 USD Million [+]
Crude Oil Production 65.00 65.00 520.00 0.10 BBL/D/1K [+]
Foreign Direct Investment 214.20 215.20 1565.18 -390.20 USD Million [+]
Terrorism Index 5.81 6.18 6.69 5.14 [+]

Sudan Balance of Trade
Sudan’s average trade deficits can be attributed to the lack of manufacturing industry and commercial agriculture which make the country dependent on imports for food, manufactured goods and machinery. Sudan is a net exporter of gold and livestock. Main trading partner is China (78 percent of exports and 22 of imports) followed by Italy and UAE.