Comoros recorded a trade deficit of 111895 KMF Million in 2020. source: Banque Centrale des Comores

Balance of Trade in Comoros averaged -55095.32 KMF Million from 1996 until 2020, reaching an all time high of -16776 KMF Million in 2000 and a record low of -111895 KMF Million in 2020. This page provides the latest reported value for - Comoros Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Comoros Balance of Trade - values, historical data and charts - was last updated on January of 2022.

Balance of Trade in Comoros is expected to reach -107621.00 KMF Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Comoros Balance of Trade is projected to trend around -107621.00 KMF Million in 2022 and -112817.00 KMF Million in 2023, according to our econometric models.

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Comoros Balance of Trade

Comoros Balance of Trade
Comoros runs a systemic trade deficit due to the country’s underdeveloped commercial agriculture and manufacturing industry and dependence on the import of fuel and basic consumption products. Main imports are: fuel (23 percent of total imports), rice, cars, cement and fish. Comoros is a net exporter of clove (71 percent of total exports), perfume essences and vanilla. Main trading partners are France (10 percent of total exports and 15 percent of imports) and India (4 percent of exports and 5 percent of imports).
Actual Previous Highest Lowest Dates Unit Frequency
-111895.00 -103350.00 -16776.00 -111895.00 1996 - 2020 KMF Million Yearly

Related Last Previous Unit Reference
Balance of Trade -111895.00 -103350.00 KMF Million Dec/20
Current Account to GDP -3.30 -3.20 percent of GDP Dec/20
Current Account -10280.00 -16437.00 KMF Million Dec/20
Imports 120819.00 120626.00 KMF Million Dec/20
Exports 8924.00 17276.00 KMF Million Dec/20
Remittances 9156.00 8415.00 KMF Million Mar/21
Tourist Arrivals 6959.00 45077.00 Person Dec/20