Comoros recorded a trade deficit of 92569 KMF Million in 2017. Balance of Trade in Comoros averaged -48288.14 KMF Million from 1996 until 2017, reaching an all time high of -16776 KMF Million in 2000 and a record low of -92569 KMF Million in 2017.

Balance of Trade in Comoros is expected to be -71654.00 KMF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Comoros Balance of Trade is projected to trend around -56760.00 KMF Million in 2020, according to our econometric models.

Comoros Balance of Trade
Forecast Data Chart
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Comoros Trade Last Previous Highest Lowest Unit
Balance of Trade -92569.00 -83864.00 -16776.00 -92569.00 KMF Million [+]
Current Account -11374.00 -19576.00 -1099.00 -25222.00 KMF Million [+]
Current Account to GDP -6.00 -4.20 3.63 -30.44 percent [+]
Exports 17267.00 13682.00 17267.00 2190.00 KMF Million [+]
Imports 109836.00 97546.00 109836.00 22241.00 KMF Million [+]
Tourist Arrivals 27000.00 26000.00 29400.00 11396.00 Person [+]
Remittances 2981.00 3461.00 3563.00 20.00 KMF Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

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). 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 - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-92569.00 -83864.00 -16776.00 -92569.00 1996 - 2017 KMF Million Yearly

Country Last Previous
Argentina 1131.00 Apr/19
Australia 4871.00 Apr/19
Brazil 6422.00 May/19
Canada -966.20 Apr/19
China 416.58 May/19
Euro Area 15671.60 Apr/19
France -4981.00 Apr/19
Germany 17900.00 Apr/19
India -15360.00 May/19
Indonesia -2501.90 Apr/19
Italy 2884.57 Apr/19
Japan -967.11 May/19
Mexico 1370.00 Apr/19
Netherlands 4154.00 Apr/19
Russia 13705.00 Apr/19
Saudi Arabia 180059.00 Dec/18
Singapore 3962.64 May/19
South Africa -3427.45 Apr/19
South Korea 2271.00 May/19
Spain -2352600.00 Mar/19
Switzerland 1654.00 May/19
Turkey -2982.01 Apr/19
United Kingdom -2740.00 Apr/19
United States -50791.00 Apr/19