Comoros Balance of Trade2022 Data - 2023 Forecast - 1996-2021 Historical - Chart

Name: Comoros Balance of Trade
Creator: TRADING ECONOMICS
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Keywords: Comoros,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Comoros recorded a trade deficit of 111895 KMF Million in 2020. source: Banque Centrale des Comores

Balance of Trade in Comoros averaged -57680.27 KMF Million from 1996 until 2021, reaching an all time high of -16776.00 KMF Million in 2000 and a record low of -122304.00 KMF Million in 2021. This page provides the latest reported value for - Comoros Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Comoros Balance of Trade - values, historical data and charts - was last updated on June of 2023.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-122304.00	-111895.00	KMF Million	Dec 2021
Current Account to GDP	0.50	-1.80	percent of GDP	Dec 2021
Current Account	2556.00	-9497.00	KMF Million	Dec 2021
Imports	136796.00	120819.00	KMF Million	Dec 2021
Exports	14492.00	8924.00	KMF Million	Dec 2021
Remittances	7322.00	7972.00	KMF Million	Dec 2022
Tourist Arrivals	28800.00	6959.00		Dec 2021

Comoros Balance of Trade

Comoros runs a systemic trade deficit due to the country’s underdeveloped commercial agriculture and manufacturing industry and dependence on the import of fuel and basic consumption products. Main imports are: fuel (23 percent of total imports), rice, cars, cement and fish. Comoros is a net exporter of clove (71 percent of total exports), perfume essences and vanilla. Main trading partners are France (10 percent of total exports and 15 percent of imports) and India (4 percent of exports and 5 percent of imports).