Exports in DR Congo

DR Congo - Exports
GDP growth more than tripled last year, following the pandemic-induced slowdown in 2020. The upturn seems to have been driven by booming mining activity amid higher prices for and sales of copper, cobalt and cocoa. Turning to 2022, the economic panorama is somewhat less upbeat, as soaring food and energy prices, mostly due to the war in Ukraine, threaten to bruise consumer spending. In late March, the parliament voted out the Economy Minister Jean-Marie Kalumba, blaming him for failure to rein in inflation and as fears of increased social unrest due to rising prices surfaced. In other news, on 29 March, DR Congo officially joined the East African Community. The accession bodes well for the country’s economic development, as it should boost trade, investments and the overall business environment thanks to deeper economic integration with the six other members of the block.DR Congo - Exports Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Exports (USD billion) | - | - | - | - | - |
DR Congo Facts
Value | Change | Date | |
---|---|---|---|
Exchange Rate | 1,687 | -0.78 % | Jan 01 |
Stock Market | 0.6 | 0.0 % | Jan 07 |
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