DRC’s Trade Triumph: November 2023 Records $3.1 Billion Surplus, 6.87% Growth in Import-Export Volume
At the end of November 2023, the volume of trade between the DRC and the rest of the world increased by 6.87% compared to the corresponding period of 2022.
The trade balance showed a surplus of 3,153.96 million USD compared to that of 3,146.26 million recorded at the end of November 2022. Relative to GDP, this surplus represents 4.60% against 4.78% in 2022.
This development is essentially due to the more pronounced increase in imports compared to that of exports, from one year to the next. Indeed, exports increased by 6.47%, while imports increased by 7.32%.
Cumulatively, the DRC’s exports reached 27 billion 964.71 million USD at the end of November 2023 against imports estimated at 24 billion 810.75 million USD.
