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Democratic Republic of Congo: Trade Profile
The Democratic Republic of Congo (DRC) is open to foreign trade which represented 60% of its GDP in 2008, before the reduction of trade due to the effects of the global recession (it only represented 30% of the GDP in 2009). The government of President Joseph Kabila has implemented a series of reforms aimed at improving the country's business framework and at diversifying its exports, it is also trying to promote regional integration.
Meanwhile, the country, which had its first democratic transition in 2006, has to manage the challenge posed by the political instability in the eastern part of the country. This problem has a considerable impact in the country's economic performance.
The DRC imports much more than what it exports, which translates into a substantial deficit in its trade balance and it is expected that it will remain negative for the next decade. The main trade partners of the Democratic Republic of Congo are the European Union, China and the countries members of the SADC (Community of Development of Southern Africa).
| Foreign Trade Indicators | 2006 | 2007 | 2008 | 2009 | 2010 |
| Imports of Goods (million USD) | 2,892 | 3,400 | 4,300 | 3,800 | 4,500 |
| Exports of Goods (million USD) | 2,705 | 3,100 | 4,400 | 3,500 | 5,400 |
| Imports of Services (million USD) | 762 | 1,441 | 1,853 | 1,658 | 2,497 |
| Exports of Services (million USD) | 169 | 200 | 326 | 414 | 291 |
| Imports of Goods and Services (Annual % Change) | 5 | 9 | 16 | -12 | 17 |
| Exports of Goods and Services (Annual % Change) | 2 | 10 | -4 | 5 | 9 |
| Foreign Trade (in % of GDP) | 75 | 65 | 62 | 30 | 50 |
| Imports of Goods and Services (in % of GDP) | 44 | 38 | 39 | 21 | 34 |
| Exports of Goods and Services (in % of GDP) | 31 | 27 | 23 | 9 | 15 |
Source: WTO - World Trade Organization ; World Bank - Last Available Data.
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Egyptian Embassy in the Republic Democratic of Congo
519 AVENUE OUGANDA, GOMBE
8388 KINSHASA
Phone: (+243) 5110137
Fax: (+243) 8803728
Contact the Embassy via Email.
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Last Updates: February 2012