Sudan Import Data

Sudan's Import/Export Overview and Domestic Market Update

Imports & Exports

• Top Trade Partners: Sudan primarily trades with countries such as China, India, United Arab Emirates, Saudi Arabia, and Egypt, highlighting its regional and global trade connections.

• Top 5 Imports: The major imports include machinery, vehicles, medicines, cereals, and iron and steel, accounting for a significant portion of the total imports, reflecting the country's needs for industrial goods and basic commodities.

• Top 5 Exports: Sudan's key exports are gold, crude petroleum, seeds (such as sesame), copper ores, and gum arabic, which together constitute a major part of its total exports, demonstrating its reliance on natural resources.

• Trade Balance: Sudan faces a trade deficit, importing more than it exports, which has implications for its foreign exchange reserves and economic policy.

• Trade Policies: Sudan's trade policies include efforts to diversify its export base and reduce dependency on a few key commodities, while also aiming to improve the business environment for foreign investors.

Domestic Market

• Consumer Spending: Consumer spending in Sudan is influenced by various factors including the economic stability, which has been volatile, affecting the purchasing power of the population.

• Interest Rates & Inflation: Sudan has experienced high inflation rates, impacting the cost of living and the effectiveness of monetary policy, with interest rates playing a crucial role in managing the economy's liquidity.

• Supply Chain Dynamics: The supply chain in Sudan faces challenges related to infrastructure, logistics, and the global economic environment, affecting the availability and prices of goods.

• Industry Performance: The agricultural sector remains a cornerstone of the Sudanese economy, alongside growing industries like mining and manufacturing, which are seeking to expand and modernize.

Overall Outlook

Sudan's economic outlook is cautiously optimistic, with ongoing reforms aimed at stabilizing the currency, reducing inflation, and improving the investment climate, all while addressing the trade imbalance and enhancing the competitiveness of its domestic industries.