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Saturday, 21 November 2009   |   Last Updated: 24 August 2009

 

Republic of Congo

Republic of Congo

The U.S.-Republic of Congo trade and investment relationship is one of our largest in sub-Saharan Africa.  This relationship is bolstered through the Bilateral Investment Treaty (BIT) between the two countries.

U.S.-Republic of Congo Trade Facts

ROC is currently the United States' 58th largest goods trading partner with $5.3 billion in total (two way) goods trade during 2008.

ROC is eligible for trade benefits under the African Growth and Opportunity Act (AGOA).  In 2008 U.S. imports from ROC under AGOA and the Generalized System of Preferences were valued at over $2.64 billion, which almost exclusively consisted of mineral fuels and oil.

Exports

Goods exports to ROC totaled $183 million in 2008.  Goods mostly consisted of vehicles and parts, machinery, chemicals, meat products, and articles of iron and steel.

Imports

US goods imports from ROC totaled $5.04 billion in 2008.  Imports mainly consisted of mineral fuels and oil and forest products.

Investment

The stock of U.S. foreign direct investment (FDI) in ROC was $195 million in 2007 (latest data available).