South Sudan Import Data

South Sudan Import/Export Overview and Domestic Market Analysis

Imports & Exports

• Top Trade Partners: South Sudan's major trading partners include Kenya, Uganda, and the United Arab Emirates, reflecting the country's reliance on neighboring markets and global suppliers.

• Top 5 Imports: Refined petroleum, machinery, vehicles, foodstuffs, and construction materials. These account for a significant portion of the total import volume, highlighting the nation's need for basic commodities and infrastructure development.

• Top 5 Exports: Crude oil, livestock, gum arabic, gold, and fish. Crude oil dominates, representing over 90% of total export earnings, underscoring the economy's dependency on oil revenues.

• Trade Balance: South Sudan experiences a substantial trade deficit, mainly due to high import demand and a narrow export base. Efforts are being made to diversify the economy and increase export capacity.

• Trade Policy: The government is implementing policies aimed at improving the business environment, reducing trade barriers, and attracting foreign investment to support local industries and boost exports.

Domestic Market

• Consumer Spending: Consumer spending is constrained by low income levels and high inflation, affecting the purchasing power of the general population.

• Inflation & Interest Rates: Inflation rates have been volatile, impacting household budgets and eroding savings. Interest rates are high, reflecting economic instability and the need for monetary policy adjustments.

• Supply Chain: Supply chain disruptions, exacerbated by regional conflicts and infrastructure challenges, lead to higher costs and limited access to essential goods.

• Industry Performance: The oil sector is the backbone of the economy, but non-oil sectors such as agriculture, construction, and services are showing signs of growth, driven by government initiatives and private sector investments.

Overall Outlook

South Sudan faces significant economic challenges, including a trade imbalance and a volatile domestic market. However, with strategic investments in non-oil sectors and improvements in the business climate, there is potential for sustainable economic development and a more diversified trade portfolio.