Comoros Export Data

Comoros Trade Profile and Market Analysis

Trade Overview

• Top Trade Partners: Comoros' major trade partners include France, India, China, and the United Arab Emirates.

• Top 5 Imported Goods: Rice, refined petroleum, wheat flour, cement, and sugar—these account for 35% of total imports.

• Top 5 Exported Goods: Essential oils, vanilla beans, cloves, copra, and ylang-ylang oil—these comprise 80% of total exports.

• Trade Balance: Comoros has a significant trade deficit, importing much more than it exports.

• Trade Policy: The government implements tariff barriers and seeks to promote local industries.

Market Conditions

• Consumer Spending: Consumer spending is concentrated on basic necessities, with limited disposable income for luxury goods.

• Interest Rates & Inflation: Interest rates are moderate, but inflation, driven by imported goods, is a concern.

• Supply Chain: The supply chain is heavily reliant on imports, leading to occasional shortages and price volatility.

• Industry Performance: Agriculture and tourism are key industries, showing resilience, while manufacturing is developing slowly.

Overall Outlook

The economy of Comoros faces challenges due to its reliance on a narrow range of exports and a trade deficit. Efforts to diversify and increase local production could improve the economic situation.