Chad Import Data

Chad's Import/Export Overview and Domestic Market Analysis

Imports & Exports

• Top Trade Partners: Chad's principal trading partners include China, France, India, and the UAE.

• Top Imports: Crude oil (30%), machinery and equipment (15%), vehicles and spare parts (10%).

• Top Exports: Petroleum (60%), cotton (15%), and livestock (5%).

• Trade Balance: Chad experiences a significant trade deficit, heavily reliant on oil exports which are subject to volatile global prices.

• Trade Policies: Chad aims to diversify its economy and reduce dependency on oil through trade agreements and economic reforms.

Domestic Market

• Consumer Spending: Consumption is largely focused on basic necessities due to low income levels and high poverty rates.

• Interest Rates & Inflation: Inflation has been moderate, though interest rates are high, affecting business and personal borrowing.

• Supply Chain Dynamics: Supply chains are vulnerable due to infrastructure challenges and geopolitical tensions in the region.

• Industry Performance: The oil sector dominates, but there is a growing interest in developing agriculture and mining industries.

Overall Outlook

Chad faces economic challenges, including a heavy reliance on oil exports and internal instability. Efforts to diversify the economy and improve infrastructure could lead to more sustainable growth in the long term.