Sudan Balance of TradeJuly 2022 Data - 2003-2021 Historical - August Forecast

Name: Sudan Balance of Trade
Creator: TRADING ECONOMICS
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Keywords: Sudan,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Sudan recorded a trade deficit of 372915 USD Thousand in March of 2022. source: Central Bank of Sudan

Balance of Trade in Sudan averaged -250486.35 USD Thousand from 2003 until 2022, 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 2022.

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. In the long-term, the Sudan Balance of Trade is projected to trend around -527034.00 USD Thousand in 2023 and -526947.00 USD Thousand in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-372915.00	-442268.00	USD Thousand	Mar 2022
Current Account	-733.69	-683.10	USD Million	Mar 2022
Current Account to GDP	-10.00	-8.30	percent of GDP	Dec 2021
Exports	534762.00	453315.00	USD Thousand	Mar 2022
Imports	907677.00	895583.00	USD Thousand	Mar 2022
Capital Flows	-913.06	-424.80	USD Million	Mar 2022
Foreign Direct Investment	-108.05	-146.60	USD Million	Mar 2022

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.