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20-11-2023
Located in Central Africa, the Democratic Republic of Congo exports products
worth $29.5 billion to the world in 2022. The value of Congolese exports
increased by 32.2% compared to $22.3 billion in 2021.
The top 5 exports of the Democratic Republic of the Congo are refined copper and unwrought alloys, cobalt, copper ores or concentrates, unrefined copper, and then unwrought gold.
Main trading partners of the Democratic Republic of the Congo
The latest country-specific data show that the DRC's exports are mainly purchased by importers from the following countries: Mainland China (47.9% of total exporters), South Africa (11.3%), Mozambique (7.8%), Singapore (7%), Hong Kong (6.9%), Tanzania (4.69%), United Arab Emirates (4.66%), Zambia (3.6%), Switzerland (3.6%), and the United Arab Emirates (4.66%). 3.6%), Switzerland (2.6%), Vietnam (1.6%), Belgium (0.4%) and South Korea (0.3%).
Top 10 Exports of the Democratic Republic of Congo
1. Copper: $16.8 billion (57% of total exports)
2. Inorganic chemicals: $8.2 billion (27.6%)
3. Ores, slag, ashes: $3.1 billion (10.7%)
4. Gems, precious metals: $858.1 million (2.9%)
5. Other base metals: $159.0 million (0.5%)
6. Cocoa: $89.9 million (0.3%)
7. Wood: $68.6 million (0.2%)
8. Zinc: $35.8 million (0.1%)
9. Coffee, tea, spices: $31.2 million (0.1%)
10. Vehicles: $25.6 million (0.1%)
The Democratic Republic of Congo's top 10 export commodities account for 99.6% of its total global exports.
Gemstones and precious metals are the fastest growing of the top 10 export categories, growing by 563.6% from 2021 to 2022. The second highest improvement in export sales was in vehicles, which grew by 133.2%. The Democratic Republic of the Congo had the third highest increase in shipments of ore, slag, and ash, up 79.1 percent.
The smallest increase in the DRC's top 10 export categories was cocoa, up 1.4 percent.
At a more granular four-digit HS code level, refined copper and unwrought alloys were the DRC's most valuable exports, accounting for 52.6% of the country's total export sales (by value). In second place were cobalt oxides and hydroxides (27.6 per cent), followed by copper ores and concentrates (8.8 per cent), unrefined copper (4.3 per cent), unwrought gold (2.5 per cent), miscellaneous ores and concentrates (1.5 per cent), cobalt (0.5 per cent), un-mounted and un-mounted diamonds (0.4 per cent) and then logs (0.3 per cent).
Uncovering Foreign Trade Opportunities – Mainly Through Foreign Trade Data
Currently, the government has officially rolled out policies to support the development of the big data industry. In this era, customs data has become an indispensable part of the international trade ecosystem. The new approach to facilitating transactions in the Information Age involves constantly uncovering new business opportunities from customs data using big data analysis methods.
Shanghai Tendata's Foreign Trade Portal covers detailed customs data from 91 countries, (>>> Click to use data online for free) statistical data from 27 EU countries, millions of accurate and genuine buyer information, and detailed information on completed customer transactions. The system offers a one-click generation of 17 types of market data analysis reports, assisting management in making informed decisions effortlessly.
Tendata's foreign trade big data can help foreign trade companies in identifying, marketing to, and managing customers, as well as fulfilling orders with a complete set of products and solutions. In the future, Tendata will continue to explore products to cater to more scenarios within the export industry.
In summary, Tendata is a big data company and a pioneer in the Chinese trade industry, helping foreign trade businesses in customer development, market analysis, trade facilitation, and data output.
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