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Congo: Trade Profile
The Republic of Congo is open to international trade. Foreign trade represents almost 130% of the GDP. The government's trade policy promotes the creation of a social and economic environment favorable to international trade.
Customs duties are still high in Congo. Despite the fact that the country has developed close ties on the economic and educational front with other African countries, the under-development of the Congolese financial sector continues to be a major trade barrier. High transport costs, political instability, the damage caused by the war, insecurity, low productivity and high production costs are all factors unfavorable to foreign trade.
Congo exports more than it imports, creating a surplus trade balance. With the drop in oil prices and the effects of the crisis on foreign demand, this suplus has nonetheless started to shrink.
Congo's main trading partners are the United States, the European Union and China.
| Foreign Trade Indicators | 2006 | 2007 | 2008 | 2009 | 2010 |
| Imports of Goods (million USD) | 2,013 | 2,530 | 3,050 | 2,900 | 2,900 |
| Exports of Goods (million USD) | 6,078 | 5,635 | 8,300 | 6,100 | 8,200 |
| Imports of Services (million USD) | 2,422 | 3,523 | 3,581 | 3,396 | - |
| Exports of Services (million USD) | 251 | 303 | 369 | 377 | - |
| Trade Balance (million USD) | 4,062 | 2,950 | - | - | - |
| Current Account (million USD) | 124 | -2,181 | - | - | - |
| Foreign Trade (in % of GDP) | 150 | 130 | 120 | 123 | 133 |
| Imports of Goods and Services (in % of GDP) | 66 | 54 | 47 | 51 | 50 |
| Exports of Goods and Services (in % of GDP) | 84 | 77 | 73 | 72 | 82 |
Source: WTO - World Trade Organization ; World Bank - Last Available Data.
To go further, check out our service Import export flows
Member of COMESA - Common Market for Eastern and Southern Africa
List of tariffs and local taxes that apply to your product on our service Customs duties and local taxes
Egyptian Embassy in Congo
Avenue Bayardelle No.7 bis, Centre ville
917 Brazzaville
Phone: (+242)810794
Fax: (+242)811533
Contact the Embassy via Email.
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Last Updates: January 2012