Democratic Republic of Congo
AGOA Status: The Democratic Republic of Congo (DROC) is not eligible for AGOA this year.
Trade Agreements: The U.S. and DROC have a Bilateral Investment Treaty (BIT). It was signed in 1984 and entered into force in 1989. DROC is also a member of the Common Market for Eastern and Southern Africa (COMESA), with which the U.S. has a Trade and Investment Framework Agreement (TIFA), signed in 2001.
Special Initiatives: Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank") instructs the Securities and Exchange Commission (SEC), in consultation with the Department of State, to promulgate regulations requiring, in part, certain companies to submit annually a description of the measures taken to exercise due diligence on the source and chain of custody of "conflict minerals." Learn more about this regulation here.
U.S.-Democratic Republic of Congo Trade Facts
Democratic Republic of Congo is currently our 142nd largest goods trading partner with $241 million in total (exports plus imports) goods trade during 2012. Goods exports totaled $200 million; Goods imports totaled $41 million. The U.S. goods trade deficit with Democratic Republic of Congo was $159 million in 2012.
Democratic Republic of Congo was the United States' 133rd largest goods export market in 2012.
U.S. goods exports to Democratic Republic of Congo in 2012 were $200 million, up 20.2% from 2010.
The top export categories (2-digit HS) for 2011 were: Mineral Fuel (oil) ($49 million), Meat (poultry) ($34 million), Machinery ($20 million), Fats and Oils ($16 million), and Cereals (wheat) ($13 million).
Democratic Republic of Congo was the United States' 146th largest supplier of goods imports in 2012.
U.S. goods imports from Democratic Republic of Congo totaled $41 million in 2012, a 93.2% decrease from 2011.
The top import category (2-digit HS) for 2012 was: Precious Stones (diamonds) ($21 million).
The U.S. goods trade surplus with Democratic Republic of Congo was $159 million in 2012; changed from a deficit of $440 million in 2011.