Congo biggest export 30 USD Million in 2021. Mar 4, 2024 · Uganda experienced a significant milestone in its export landscape, with the Democratic Republic of Congo (DR Congo) emerging as its foremost export destination within the East African Community (EAC) in January. 5% advance. The country mainly exports these products to countries such as the United Arab Emirates, China, Greece, Vietnam, and Italy. Democratic Republic of Congo exports for 2022 was $29. Finding efficient ways to handle data and streamline processes can give your business a competitive edge. 98% increase from 2021. 5 trillion dollars’ worth of products. Raw timber follows as the second-largest export item (3%), with petroleum oils or bituminous minerals (2. May 10, 2016 · Consider Nigeria, whose biggest export is petroleum and petroleum products: according to OPEC, the oil and gas sector accounts for over a third of gross domestic product. 1 million, up 17. from The World Bank: Data Jun 1, 2019 · Export Characteristics: Exports include a range of textiles, from basic fabrics to finished garments. 3 days ago · (Bloomberg) -- Cobalt stocks rose in China on Tuesday as a surprise export ban in the Democratic Republic of Congo lifted the near-term outlook for the material used in alloys and batteries. 98% (94 million US$) 3 days ago · (Bloomberg) -- The Democratic Republic of Congo says it’s suspending cobalt exports for four months to rein in oversupply of the battery metal on the international market. Cobalt prices are languishing at historically low levels amid slackening demand […] Oct 9, 2024 · According to export data for the top ten export destinations from Zambia by volume and value in Africa obtained from the Zambia Statistical Agency (ZamStats) by the Zambian Business Times-ZBT between January 2021 to June 2021, Zambia’s exports to DRC were the highest in Africa were recorded at K10. In second place for improving export sales was gums, resins plus other vegetable saps via a 95. Other plants include evergreens and palm oil tre Christian music holds a significant place in the hearts and souls of believers around the world. The Authority for the Regulation and Control of Strategic Mineral Substances' Markets (ARECOMS) announced the ban on Monday. 2 percent of the country’s total exports by 3 days ago · The DRC is the world's largest producer of cobalt, which is crucial for the production of rechargeable batteries in various electronic devices. One crucial aspect of international trade is the proper classification of goods for c In today’s globalized economy, expanding your business internationally can be a game-changer. 93 in thousands of US$ leading to a positive trade balance of 5,238,400. In 2020, the Republic of the Congo exported a total of $7. 85M). Democratic Rep. China’s top five imports are crude petroleum, integra India has emerged as a major player in the global export market, with a wide range of products being shipped to countries all over the world. That econ Merchandise Trade statistics data for Congo, Dem. The country offers a diverse range of products and services that ca In today’s fast-paced business world, productivity is key. Significant imports include machinery and transport equipment, food and live animals, and basic manufactures. 4 days ago · The Democratic Republic of Congo says it’s suspending cobalt exports for four months to rein in oversupply of the battery metal on the international market. India has emerged as a global powerhouse in the export market, with its diverse range of products making their way to countries around the world. 34B, a 60. 10. 8M), and Niobium, Tantalum, Vanadium, and Zirconium Ore ($12. The Congo rainfore Some of the 11,000 plant species found in the Congo rainforest include legume trees, Raphia palms, Okoume trees and mahogany trees. 2 days ago · JOHANNESBURG (Reuters) - The Democratic Republic of Congo is considering introducing cobalt export quotas as the world's biggest supplier of the battery metal seeks to curb oversupply and boost prices, three sources familiar with the details told Reuters. In the Democratic Republic of Congo (DRC), also known as Congo-Kinshasa, Christian Traditional Congolese clothing is most often characterized by its bright colors and designs. African countries with the largest exports are the top countries in Africa who not only contributed to the economic development of the continent alone but in fact, are the biggest players in the economic growth and reshaping of the continent at large. Sep 30, 2024 · Access the complete list of top Congo export import customs ports for goods and services. Trade Value: Textile exports contribute approximately $30 million USD annually. In 2022, Saudi Arabia also had the largest oil export value in US dollar terms by far. 83B, a 67. These numerical codes are essential for classifying goods when imp Are you planning to start your own export company? One of the first steps in establishing a successful business is creating a strong brand identity, starting with a compelling comp Iron ore is Brazil’s most imported and exported item. Cobalt prices are languishing at historically low levels amid slacken… 4 days ago · The Democratic Republic of Congo (DRC) has announced an immediate halt of cobalt exports for four months, due to an oversupply of the market which has driven Congo, Democratic Republic - U. One of the primary advantages of obtaining an The import-export business is a complex and dynamic industry that involves the movement of goods across international borders. 3% of the country’s total exports by value. 53 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Congo, Rep. Aug 15, 2024 · Top Export Products of Congo with export value and Year on Year growth comparison from Volza Exports in Republic of the Congo decreased to 5970000000 Thousand USD in 2023 from 10661000000 Thousand USD in 2022. View top export commodities, trade partners, ports, exporters in Dr Congo, foreign buyers and more trade insights. 2 days ago · Due to an oversupply of cobalt, the Democratic Republic of Congo, the world's largest producer of cobalt, has imposed an export ban on the metal, which is an important raw material for electric car batteries. 5 million) from 2023. Almost 25 percent of Canada’s exports are energy prod In 2017, American companies exported more than 1. Congo, Indonesia, Peru, India, Mexico, Colombia, Angola and Bolivia. You can find out the product HS codes of the top 10 import and export subcategories of the product by entering the product broad category description or HS shortcode on the Tendata import and export data platform. 2 percent ($66 million) from 2021 but down 24 percent from 2012. At the same year, Cobalt was the 31st most exported product in Republic of the Congo. 1M) Jun 26, 2024 · Some of the top imports of the Republic of the Congo include Poultry Meat, Special Purpose Ships, Refined Petroleum, Passenger and Cargo Ships, and Cars. (COG) exports, to partner countries including trade value, number of product exported, Partner Share, and share in total products for year 2022 Exports of goods and services (current US$) - Congo, Dem. (COG) exports, to partner countries including trade value, number of product exported, Partner Share, and share in total products for year 2021 2 days ago · The Democratic Republic of Congo (DRC), the largest producer of cobalt globally, has halted all exports of the key battery metal for four months in an effort to curb oversupply and stop prices Jun 18, 2024 · The main products that the Democratic Republic of the Congo exported to the United States were Refined Copper ($211M), Cocoa Beans ($19. 798 million tonnes and cobalt exports increased by 7. Democratic Republic of Congo exports for 2021 was $22. Merchandise trade statistics data for Congo, Rep. 67 billion and $109 million USD respectively. ” Congo, Rep. 6% uptick from 2017 to 2018. Exports of goods and services (% of GDP) - Congo, Dem. goods exports to Democratic Republic of the Congo in 2024 were $253. 3 days ago · KINSHASA, Feb. 37% (127 million US$) Gabon with a share of 3. 2 days ago · The Democratic Republic of Congo is considering introducing cobalt export quotas as the world's biggest supplier of the battery metal seeks to curb oversupply and boost prices, three sources familiar with the details told Reuters. The Democratic Republic of the Congo’s exports are heavily concentrated in mineral resources, with cobalt, copper, and gold being the primary contributors. 6 percent ($66. 6 percent of the total market share, followed by the Middle East, and European Union. This page provides - Republic of the Congo Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 04%) and sawn timber (2. Choose New & Economical suppliers & manufacturers in Congo from 1926 exporters based on export shipments till Jan - 24 with Price, Buyer, Qty, Ph, Email & Linkedin Exports In 2023, Democratic Republic of the Congo exported $223M in Refined Petroleum, making it the 88th largest exporter of Refined Petroleum in the world. The main destination of Rubber exports from Republic of the Congo are: Malaysia ($793k) and Italy ($51. The current total GDP of DR Congo is $66. Merchandise trade statistics Congo, Rep. 14% and Burundi 5. Congo trade data from 2024 highlights the nation's top 9 export partners as follows: TANZANIA (USD 135,930) , UGANDA (USD 60,774) and the BURUNDI (USD 15,335). Exports In 2023, Democratic Republic of the Congo exported $2. , [44] mostly in the form of small, industrial Exports In 2023, Democratic Republic of the Congo exported $11. Among Congo’s Based on DR Congo Suppliers Data, the top 10 product exports by DR Congo shared an export value of $7. (COG) exports and imports, with partner countries including number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and number of trade agreements for year 2021 May 24, 2022 · Democratic Republic of Congo's copper exports rose 12. But during recent decades of conflict, exports 3 days ago · The regulatory framework underpinning the export ban aims to achieve several core objectives: Formalise and regulate artisanal mining to ensure fair practices. At the same year, Refined Petroleum was the 8th most exported product in Democratic Republic of the Congo. 89% decline from 2022. market share, the political situation if relevant, the top reasons why U. Learn more about the United States’ exports and why they are impo In indirect exporting, a manufacturer turns international sales over to a third party, while in direct exporting, a manufacturer handles the export process itself. One of the key steps in this process is finding reliable export companies to partner w In today’s digital age, managing passwords has become increasingly important. The Democratic Republic of the Congo was the world’s 70th largest exporter of goods and 162nd largest exporter of commercial services in 2022. The principality imports food, chemicals and transportation products. Jun 23, 2024 · Amongst its many exports, there are five standout products that dominate the market. Of all the countries in the w The Congo rainforest is high in humidity with averages from 80 to 90 percent. Merchandise Trade statistics for Congo, Rep. Combined, that quintet of leading exported product groupings represents 95. Merchandise Trade summary statistics data for Congo, Dem. 85M in Cobalt, making it the 44th largest exporter of Cobalt in the world. 71B), Refined Copper ($3. 3% in 2021 to 1. The 5 biggest exports from the Republic of the Congo in 2022 were crude oil, refined petroleum oils, rough wood, sawn wood, then tin ores and concentrates. Export values were $15. It is a conventional form that confirms export of goods produced from EU countries Germany is well known for exporting motor vehicles and importing oil. One of the key contributors to the Indian economy is its robust export sector. 94B, a 4. This page provides the latest reported value for - Congo Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Exports Minerals include Central African Republic, Congo, Dem. S. In 2023, Democratic Republic of the Congo was the world's biggest exporter of Cobalt ($2. For 2018, Congolese supplied commodities totalled an estimated US$9725 million. Republic of Congo exports for 2022 was $10. 67B, a 40. R. Congo, Rep. 5 million in 2020, becoming the ninth largest timber exporter in Africa. 45B), United Arab Emirates ($2. 1 million) from 2023. The ripple effects of this export suspension are expected to be significant across the global battery ecosystem. Feb 14, 2025 · Congo’s chief export is petroleum, which accounts for the vast majority of its export earnings; wood and wood products, including logs and sawn timber, are also notable exports. Sep 4, 2023 · Top Lists Top 10 African Countries with Largest Exports 2023. With a diverse range of industries contributing to its export economy, the country has become one of the top play Cuba’s major imports are refined petroleum, packaged medicaments, wheat, corn and soybean meal, and the country’s top exports are nickel mattes, raw sugar, refined petroleum, packa If you are involved in international trade, having an Import Export Code (IEC) is crucial for the smooth functioning of your business. 3 days ago · Congo banned all battery metal exports for four months Monday in order to control an oversupply. Exports The top exports of Republic of the Congo are Crude Petroleum ($6. 1% of the country’s total exports by value. Agriculture Sector Jun 15, 2024 · Congo exports most of it's Crude palm oil to Uganda, Burundi and Rwanda and is the 3rd largest exporter of Crude palm oil in the World. companies should consider exporting to this country, and other issues that affect trade, e. 47 in thousands of US$ and total imports of 3,631,590. Most Merchandise Trade summary statistics data for Congo, Rep. As Professor Calestous Juma makes clear : “The current slump in world commodity prices is forcing Africa to rethink its traditional dependence on raw material exports. 55% decline from 2019. 65% compared to a world KINSHASA (Reuters) - The Democratic Republic of Congo, the world's top producer of cobalt, said on Monday it has temporarily halted the metal's exports to limit its flow on the market because it Congo, Democratic Republic - Market OverviewCongo (DR) - Market Overview Discusses key economic indicators and trade statistics, which countries are dominant in the market, the U. Called pagne, these bright fabrics are worn by both men and women, and in the case of w Congolese food includes the cuisines of a number of different ethnic and tribal groups that all reside in the area, so it varies widely. 05% increase from 2019. 8B in Refined Copper, making it the 2nd largest exporter of Refined Copper in the world. The growth rates for the leading three exporters were as follows: Tanzania at 47. 64m, $118. At the same year, Rubber was the 42nd most exported product in Republic of the Congo. The country imports raw materials, fuel, machinery and transportation equipment, If you’re involved in the world of international trade, you’ve probably come across the term “HS Code” at some point. 52% (177 million US$) Cameroon with a share of 5. Pola As of 2014, the main exports of Iran are oil, natural gas, chemicals, fruits, plastics, metals and ceramic products. Japan has a highly i Canada is the exporter of many goods, the majority being energy products such as oil and natural gas, and metals and minerals. 1k). 9% of the overall value of its global shipments. Congo is the world's top producer of cobalt, a key component in batteries for electric vehicles and mobile phones. 07 million […] Apr 8, 2024 · Meanwhile, the DRC exports peaked in 2020, at 2,466 tons. The country imports manufactured goods, beverages and tobacco, mach Monaco exports textiles, manufactured products and art products. Exports in Congo increased to 28562 USD Million in 2022 from 22185. 85% increase from 2021. \r\n RSS Newsletter Contact Advertise with us Merchandise Trade summary statistics data for Congo, Rep. The trade growth is 13. Export Controls Mineral Commodity Summaries 2016 report. 72B, a 13. One such way is International trade plays a crucial role in the global economy, allowing businesses to expand their reach and access new markets. If you’re considering venturing into t India’s top five imports are crude petroleum, gold, coal briquettes, diamonds and petroleum gas. However, engaging in import and export activities India, known for its diverse culture and rich heritage, has also made a significant mark in the global market as one of the leading exporters. , Angola, China and Namibia. 2%) of the overall value of its global shipments. Exports In descending order, the countries with the largest rainforests are Brazil, D. 7B), India ($658M), Saudi Arabia ($644M), and Portugal ($338M). 41 million and highest value was USD 2,718. 4 billion in 2023. At the same year, Refined Copper was the 1st most exported product in Democratic Republic of the Congo. Enhance traceability and compliance within the export process. These exports play a vital role in the country’s economy, and are essential to its continued development. (COG) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2020 Merchandise trade statistics Congo, Rep. Top 3 Product Categories of Crude palm oil. 33%. One crucial aspect of international trade is the use Manufactured goods accounted for more than 93 percent of Quebec’s exports in 2012 and also represented 77 percent of its imports. The Japanese economy is the fourth largest in the world and ranks as the No. Congo. According to Congo's export data, Congo exported goods worth a total of $16. With these HS codes and customs data, you can analyze whether there is a demand for importing or exporting your products in this country. As one of the world’s largest exporters, the country has a wide range of products that are India is a country known for its rich cultural heritage, diverse landscapes, and bustling industries. Over the past decade, both countries swapped seats as the world’s top coltan exporter, but the DRC exported the most coltan overall–17,330 tons against 15,374 tons for Rwanda. 77B, thus becoming the number 96 exporter in the world. Our biggest market for car exports is Democratic Republic of Congo, Africa’s second-largest country, which boasts $11 billion in natural resources. 74% increase from 2020. In contrast, when a country exports more oil than it imports, it is known as an oil export surplus. The export ban is to apply for at least four months. Staple crops of the region include rice, ta Many countries rely on exports and imports to trade goods and services. The DRC’s top five exports are refined copper and unwrought alloys, cobalt, unrefined copper, copper ores or concentrates, and crude oil. Republic of Congo exports for 2020 was $4. One of the most effecti India, known for its rich cultural heritage and diverse traditions, is also a powerhouse when it comes to export industries. Top export destinations of commodities from Congo in 2021: China with a share of 45% (1. Coltan: DRC's Export vs. Rwanda's Export. (COG) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year Merchandise Trade statistics data for Congo, Rep. After researching extensively, I discovered that the Congo’s chief export is petroleum, which accounts for the vast majority … What is the Congo’s largest 3 days ago · The Democratic Republic of Congo is considering introducing cobalt export quotas as the world's biggest supplier of the battery metal seeks to curb oversupply and boost prices, three sources 13 hours ago · The Democratic Republic of the Congo (DRC) has announced a four-month suspension of cobalt exports to regulate supply amid concerns of overproduction in the global market, authorities said. 87%. The major exports of Japan are cars, computers and electronic devices. Democratic Republic of Congo exports for 2020 was $13. Monaco’s import industry is smaller than its Navigating the complexities of international trade requires a firm understanding of Harmonized System (HS) codes. Republic of Congo exports for 2023 was $8. The goods that fall into these categories include optical, technical and medical apparatus, cloth Exporting goods to different countries can be a complex process, especially when it comes to dealing with customs regulations. Stabilise strategic mineral prices by controlling excessive exports. Gems and precious metals was the fastest grower among the top 10 export categories, up by 256,019% from 2022 to 2023. 50B 2023 Pearls, precious stones, metals, coins: $1. Feb 29, 2024 · The EAC remained the top destination of Uganda’s exports, accounting for 37. 3 days ago · By creating a more resilient and forward-thinking export framework, Congo is addressing both immediate pricing issues and long-term industry challenges. goods imports from Democratic Republic of the Congo in 2024 were $323. 4 exporter. However, Uganda trades at a deficit with Asia, the Rest of Africa, and the Rest of Europe of $267. ” May 10, 2019 · The top mineral exports as at 2017 were refined copper (US$1. Congo Exports By Country - was last updated on Tuesday, February 25, 2025. Listings are verified with accurate business information. 67B), Gold ($622M), Rough Wood ($161M), and Sawn Wood ($157M), exporting mostly to China ($5. 55% (202 million US$) Togo with a share of 7. Search top Ports in Congo with filed at Congo customs Uganda’s top 10 exports approached three-quarters (72. It said the export limit would be reviewed within three months and, depending on the results, could be either modified or ended. total goods trade with Democratic Republic of the Congo totaled $576. Jan 8, 2025 · Rebels in eastern Democratic Republic of Congo fraudulently exported at least 150 metric tons of coltan to Rwanda last year, leading to the largest contamination of the Great Lakes Region's May 11, 2016 · Consider Nigeria, whose biggest export is petroleum and petroleum products: according to OPEC, the oil and gas sector accounts for over a third of gross domestic product. Aug 23, 2017 · Coffee was once Congo’s second biggest export, after copper, contributing an estimated $164 million to the nation’s economic output in the 1980s. China and the United States are the largest importers of Congolese goods, mostly petroleum products. 94B, a 33. Minerals Exports by country in US$ Thousand 2022 In 2022, the top partner countries to which Congo, Rep. With numerous accounts across various platforms, keeping track of your passwords can be a daunting tas. goods exports to Congo (Brazzaville) in 2022 were $180 million, up 58. Timber and wood products represent around 10% of the Republic of Congo’s total export value. Consequences for the Global Battery Industry. The value of Congolese exports increased by 32. Crude petroleum, soybeans, raw sugar As of 2014, the major exports from India are engineering goods, refined petroleum, gems, jewelry, chemicals, agricultural products and textiles. The country’s booming economy and In today’s globalized economy, analyzing import export data has become an essential tool for businesses looking to identify and capitalize on market trends. What is Congo’s biggest export? Congo’s chief export is petroleum, which accounts for the vast majority of its export earnings. (ZAR) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Located in Central Africa, the Democratic Republic of Congo exports products worth $29. The Democratic Republic of the Congo’s top export category was Fuels and mining products, followed by Manufactures, and Chemicals. Many of these countries also import oil, and some import more oil than they export, this is known as an oil export deficit. 35% increase from 2020. 3 billion in 2021. Exports In 2023, Republic of the Congo exported $845k in Rubber, making it the 67th largest exporter of Rubber in the world. 4B in Cobalt, making it the 1st largest exporter of Cobalt in the world. 1 billion in 2022. 3% increase since 2014 and a 17. 15m, and $6. 46%. Most Read from The economy of the second largest country in Africa relies heavily on mining. Search results of Top 41 Import and Export Agents in DR Congo. The previous figures do not account for smuggled coltan. The country has a strong presence in several sectors, r Importing and exporting goods involves navigating a complex web of regulations and procedures. About $43 billion of iron ore is exported annually, while another $8 billion is imported. 5 billion to the world in 2022. Export Controls The largest banknote in circulation is the 20,000 CDF note (approximately $ 14). Feb 26, 2023 · What is Congo biggest export? The DRC’s top five exports are refined copper and unwrought alloys, cobalt, unrefined copper, copper ores or concentrates, and crude oil. At the same year, Cobalt was the 2nd most exported product in Democratic Republic of the Congo. Additionally, cobalt exports increased from 86,590 tonnes in 2020 to 115,371 tonnes in 2022, with an estimated 93,010 tonnes in 2021. The temperature remains relatively stable year round with averages from 68 to 80 F. The main destination of Cobalt exports from Republic of the Congo are: Belgium ($1. Refined Copper and Unwrought Alloys: The leading export from the Democratic Republic of Congo is refined copper and unwrought alloys. Jun 8, 2019 · DR Congo’s Top 5 Exports. 2% compared to $22. Whether you are a manufacturer looking to expand your market reach or a England exports manufactured goods, fuels, chemicals, gas turbines, food, beverages and tobacco; it imports machinery and computers. 41B Republic of Congo exports for 2023 was $8. g. Combined, that quintet of leading exports represents 96. This helps in economic welfare and growth. 63% decline from 2022. 30 USD Million in 2022. 87% and the Most Favored Nation (MFN) Weighted Average tariff is 18. had a total export of 8,869,991. (COG) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. (ZAR) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2020 3 days ago · The move comes after China’s CMOC Group, the world’s largest cobalt miner, more than doubled its output in 2023 to approximately 114,000 metric tons, up from 56,000 tons the previous year, as part of its efforts to expand copper production at its two mines in Congo. Major export markets include China, France, and other European countries. 08 billion US$) Côte d`Ivoire with a share of 8. Rep. According to the Ministry of Finance’s Performance of the Economy report, Uganda recorded its highest trade surplus with DR Congo, amounting to $53. The ban will be in place Dr Congo exports totalled USD 50,044. 16 million in Jan 2024 as per Dr Congo export data. 7M). It was the second largest producer of industrial diamonds in 2015 Exports In 2022, Republic of the Congo exported $1. U. In 2022, The […] Congo, Democratic Republic - U. In a statement, the DRC's Regulatory and Oversight Authority for Jan 28, 2024 · Congo's exports 2021 by country . These exports contribute significantly to Congo’s economic growth and development. This page provides the latest reported value for - Congo Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. These came from a wide range of industries, but the following 10 export companies in the Uni An EX1 export form is a standard international document issued for export cargoes outside the EU. is 18. 77 billion along with a 92. With its vast resources and skilled w India is known for its rich cultural heritage, diverse landscapes, and bustling economy. One of the major innovations transf In today’s globalized economy, importing and exporting goods has become an integral part of many businesses. 64m, respectively. The Canadian province’s highest-valued exports in Britain’s imports include crude petroleum, cars, refined petroleum, packaged medicaments and computers, and its exports include cars, refined petroleum, crude petroleum, packaged m The top five exports of China are computers, broadcasting equipment, telephones, office machine parts and integrated circuits. 38 billion with a GDP export share of 58. 3 per tonne in 2021, substantially boosting the export value of copper. Germany’s exports and imports account for mor China’s major exports are electromechanical products and labor-intensive products. from The World Bank: Data Crude oil is the primary export of Congo, accounting for 91% of total exports in 2022. (COG) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as percentage of GDP for year 2021 Jun 12, 2024 · China is the largest exporter to the Republic of the Congo. 28% , Uganda at 21. Congo Exports By Category Value Year; Copper: $18. 1 billion during 2020. 9 billion), copper ore (US$960 million), cobalt oxides and hydroxides (USD$721 million), and cobalt ore (US$512 million). (COG) exports and imports, with partner countries including number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and number of trade agreements for year 2019 Merchandise Trade summary statistics for Congo, Rep. The Congo is the world's largest producer of cobalt ore, [43] and a major producer of copper and industrial diamonds. This remarkable growth is primarily attributed to the surge in copper prices, which soared by 51. 4 million in 2024. 78B 2023 Ores slag and ash: $2. "Congo imposes temporary cobalt export ban to Merchandise trade statistics data for Congo, Rep. 7 billion (about US$700 million). 5 percent ($48. Congo's chief export is petroleum, which accounts for the vast majority of its export earnings; wood and wood products, including logs and sawn timber, are also notable exports. The dollar amount reflects a 16. Republic of Congo exports for 2021 was $7. One crucial aspect of this industry is the use of HS Scotland exports Scotch whisky, salmon, beef and lamb, chemicals, petroleum products, electronics, and textiles. 37B, a 1. 3 days ago · By Sonia Rolley and Felix Njini JOHANNESBURG (Reuters) – The Democratic Republic of Congo is considering introducing cobalt export quotas as the world’s biggest supplier of the battery metal seeks to curb oversupply and boost prices, three sources familiar with the details told Reuters. 24 (Xinhua) -- The Democratic Republic of the Congo (DRC) has announced a four-month suspension of cobalt exports to regulate supply amid concerns of overproduction in the global market, authorities said Monday. The Democratic Republic of the Congo was the world's 82nd-largest exporter of goods in 2023. Congo's total exports of commodities fell by 3% from the previous year. 3% to an average of USD 9,299. The 5 biggest exports from the Democratic Republic of the Congo are refined copper and unwrought alloys, cobalt oxides and hyroxides, copper ores or concentrates, unrefined copper then unwrought gold. 3 million, up 35. Over the last five years the exports reported have changed significantly, becoming the number 106 most complex economy according to the Economic Complexity Index and the number 142 economy in the world in terms of GDP. 5 million in the last year. 0%) also contributing (data French Ministry of Economy). The agency is also preparing additional measures to balance the cobalt market Rwanda’s top 10 export product groupings generated 87. 1. 09B, a 28. 30 USD Million in 2023 from 26698. As of 2012, the major Indian import The Republic of Haiti mainly exports commodities, such as coffee, mangoes, cocoa, oil and apparel. 4 days ago · KINSHASA, Feb 24 (Reuters) - The Democratic Republic of Congo, the world's top producer of cobalt, said on Monday it has temporarily halted the metal's exports amid a production glut. Cobalt production in Congo – which KINSHASA (Reuters) -The Democratic Republic of Congo says it has temporarily halted cobalt exports to limit flow of new metal on the market which it says is over-supplied. Jun 22, 2024 · When it comes to exports, Congo’s top exports include refined copper, crude petroleum, refined petroleum, rough wood, and tin ores. , terrorism, currency devaluations, trade Democratic Republic of Congo exports for 2023 was $29. HS Code, also known as Harmonized System Code, is a standardiz The majority of France’s exports include valuable commodities such as steel, machinery, pharmaceutical products, consumer products, petroleum, chemicals, iron and transportation eq Poland’s primary exports include machinery and equipment, textiles and shoes, metal products, machinery and equipment, minerals and fuels, chemicals and agricultural products. 4B), Tin Ores ($458M), Copper Alloys ($107M), and Cobalt Ore ($67. (COG) exports and imports, with partner countries including number of products, Partner share, Share in total products, MFN and Effectively Applied Tariffs, duty free imports, dutiable imports, and free lines and number of trade agreements for year 2021 Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. The ban will Jun 27, 2024 · The Congo’s Largest Export: Petroleum and Other Natural Resources As a Digital Nomad with a keen interest in global economies and natural resources, I wanted to explore the Congo’s largest export and its main sources of income. 4% to 93,011 tonnes, mines ministry data showed on Tuesday. The top 3 exporters of Crude palm oil are Indonesia with 47,226 shipments followed by Malaysia with 27,990 and Congo at the 3rd spot with 10,328 shipments. The country’s top five exports are refined petroleum, jewelry, packaged medical tre India has emerged as a global powerhouse when it comes to exports. 45B 2023 Inorganic chemicals, precious metal compound, isotope: $4. China, France, Belgium, India, and the United Arab Emirates are the main trading partners for Congo. Germany is the third largest exporter and importer in the world. Jun 1, 2019 · Timber exports were valued at approximately $1. Congo Top 9 Export Trading Partners. 96 million between January 2024 to December 2024, monthly averaged USD 4,170. The main imports are non-electrical machinery, iron, steel, che Soybeans are one of the most significant agricultural exports from the United States, contributing billions of dollars to the economy each year. The Democratic Republic of the Congo is a country in Central Africa that houses the second-largest rainforest in the world. Together, this quintet of major exports represents 92. 9 percent from $14. The Congo has more than 30% of the world's diamond reserves. The country reportedly exported timber worth $72. Feb 10, 2021 · The county exported timber worth $91. In 2022, the Democratic Republic of the Congo, which is the world's largest producer of cobalt, accounted for nearly 59 percent of the global exports of cobalt based on value. You will find more detailed statistics of DR Congo's major exports by HS Code, Total Export Value, and Total Export Share in the chart given below: Mar 14, 2024 · Year-over-year, the value of Congolese exports increased by 13. Imports in Congo increased to 28000. 94% share of total exports. Organic chemicals represent the fastest grower among the top 10 export categories, up by 165% from 2022 to 2023. The country also sells and buys manufactured go India has emerged as a major player in the global market, with its exports reaching new heights year after year.
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