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Foreign Trade Of The Democratic Republic Of The Congo And The Share Of Agricultural Products For Export

Author

Listed:
  • Jean Rene Kalala

    (Grodno State Agrarian University)

  • Andrei Hanchar

    (Grodno State Agrarian University)

  • Miroslawa Witkowska-Dabrowska

    (Faculty of Economic Sciences, University of Warmia and Mazury in Olsztyn)

Abstract

Despite its numerous resources, the Democratic Republic of the Congo is one of the poorest countries in the world. The DRC also has underutilised resources of arable land and good conditions for agricultural production. This study analysed changes in the volume of foreign trade in the DRC and assessed the share of its agricultural exports in the years 2015-2019. The analysis covered the volume of total imports and exports, as well as imports and exports by sector. The foreign trade balance and the dynamics of change in the years under analysis were calculated. Structural indicators as well as fixed and variable-based dynamic indices were used. As a result of the conducted research, fluctuations in the export of all goods were found along with a decrease in the export of numerous significant agriculturally produced goods: rubber, palm oil and medicinal plants.

Suggested Citation

  • Jean Rene Kalala & Andrei Hanchar & Miroslawa Witkowska-Dabrowska, 2020. "Foreign Trade Of The Democratic Republic Of The Congo And The Share Of Agricultural Products For Export," OLSZTYN ECONOMIC JOURNAL, University of Warmia and Mazury in Olsztyn, Faculty of Economic Sciences, vol. 15(2), pages 113-127, August.
    • Handle: RePEc:ole:journl:v:15:y:2020:i:2:p:113-127
    DOI: https://doi.org/10.31648/oej.5835
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    More about this item

    Keywords

    foreign trade; exports of agricultural products; Democratic Republic of the Congo;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F35 - International Economics - - International Finance - - - Foreign Aid

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