AGOA Status
The Democratic Republic of the Congo (DROC) is 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."
Democratic Republic of the Congo Trade Summary
U.S. goods and services trade with Democratic Republic of the Congo totaled an estimated $1.0 billion in 2024, up 8.4 percent ($ 79.1 million) from 2023.
U.S. total goods trade (exports plus imports) with Democratic Republic of the Congo was an estimated $550.7 million in 2024. U.S. goods exports to Democratic Republic of the Congo in 2024 were $227.5 million, up 21.9 percent ($40.9 million) from 2023. U.S. goods imports from Democratic Republic of the Congo in 2024 totaled $323.2 million, up 17.5 percent ($48.2 million) from 2023. The U.S. goods trade deficit with Democratic Republic of the Congo was $95.7 million in 2024, a 8.2 percent increase ($7.3 million) over 2023.
U.S. total services trade (exports plus imports) with Democratic Republic of the Congo totaled an estimated $466 million in 2024. U.S. services exports to Democratic Republic of the Congo in 2024 were $322 million, up 0.9 percent ($3 million) from 2023. U.S. services imports from Democratic Republic of the Congo in 2024 were $144 million, down 8.3 percent ($13 million) from 2023. The U.S. services trade surplus with Democratic Republic of the Congo was $178 million in 2024, a 9.9 percent increase ($16 million) over 2023.
