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Xifres de comerç exterior de Txad

Foreign Trade in Figures

The country is relatively open to foreign trade, which accounted for 72.4% of GDP in 2020 (World Bank, latest available). However, Chad remains rather closed to imports, with duties averaging 15.1%. Chad has adopted the common external tariffs of the Economic and Monetary Community of Central Africa (CEMAC) and the Community of Sahel and Sahara States (CEN-SAD). It has also been a member of the WTO since 1996. Despite free trade between CEMAC countries, trade within the area is low due to non-tariff barriers.

Main export destinations are the United States, India, China, and France and key exports are cotton, livestock, and acacia. Chad imports transport machinery and equipment, industrial products, foodstuffs, and textiles mainly from France, China, Cameroon, and India.

The trade balance is heavily dependent on oil, which reached an average of 89% of total exports in 2018, according to the AfDB. The decline in crude oil prices has severely affected the country’s trade balance. According to the WTO, imports of goods amountede to USD 2.67 billion, while exports reached USD 2.62 in 2020. As a result, Chad's trade balace came to a deficit of USD  520,000.

 
Foreign Trade Values 20162017201820192020
Imports of Goods (million USD) 2,2001,9342,5502,6662,675
Exports of Goods (million USD) 1,6001,5003,1603,2052,623
Imports of Services (million USD) n/an/a1,6681,7441,523
Exports of Services (million USD) n/a0271279201

Source: World Trade Organisation (WTO) ; Latest available data

Foreign Trade Indicators 20162017201820192020
Foreign Trade (in % of GDP) 63.373.674.274.672.4
Imports of Goods and Services (Annual % Change) -10.4-1.31.44.02.0
Exports of Goods and Services (Annual % Change) -3.91.34.66.01.1
Imports of Goods and Services (in % of GDP) 37.039.738.037.844.8
Exports of Goods and Services (in % of GDP) 26.333.936.236.727.6

Source: World Bank ; Latest available data

Foreign Trade Forecasts 20212022 (e)2023 (e)2024 (e)2025 (e)
Volume of exports of goods and services (Annual % change) 5.01.80.66.86.7
Volume of imports of goods and services (Annual % change) 8.1-0.51.41.53.9

Source: IMF, World Economic Outlook ; Latest available data

Note: (e) Estimated Data

 
International Economic Cooperation
Chad is a member of the main regional economic communities: the Central African Economic and Monetary Community (CEMAC), the Economic Community of Central African states (ECCAS) and the Community of Sahel-Saharan States (CEN-SAD). Chad has been a member of WTO since 1996.
 
 
 
 
 

To go further, check out our service Import Export Flows.

 

Main Services

0.2 bn USD of services exported in 2018
49.37%
12.72%
10.85%
10.17%
7.67%
5.43%
3.47%
0.30%
0.01%
0.01%
1.7 bn USD of services imported in 2018
37.13%
26.28%
21.02%
10.77%
3.01%
1.50%
0.17%
0.13%
n/a%
n/a%

Source: United Nations Statistics Division, 2022. Because of rounding, the sum of the percentages may be smaller/greater than 100%.

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Actualitzacions: October 2022

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