Chad

Chad ranked No. 176 in total trade value through August with a total of $35.74 million. Exports totaled $34.39 million and Imports totaled $1.35 million, a surplus of $33.04 million.

U.S. trade with Chad rose to $35.74 million through August

Chad’s trade with the United States rose to $35.74 million through the first eight months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 80.69 percent below its total trade during the same time period last year. U.S. exports to Chad decreased 37.72 percent while U.S. imports from Chad fell 98.96 percent. The U.S. surplus with Chad was $33.04 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 John F. Kennedy International Airport; No. 3 Houston Int’l Airport; No. 4 Port of Savannah, Ga.; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Port Arthur, Texas; No. 2 Port of Houston; No. 3 Port of Savannah, Ga.; No. 4 Hartsfield-Jackson Atlanta International Airport and No. 5 Houston Int’l Airport. In the current time period, the top five accounted for 79.27 percent of Chad’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston fell 56.51 percent to $12.09 million.
    Exports fell 56.51 percent to $12.09 million. There were no imports.
  • Trade with No. 2 John F. Kennedy International Airport rose 95.69 percent to $6.21 million.
    Exports rose 105.36 percent to $6.17 million. Imports fell 74.02 percent to $44,459.
  • Trade with No. 3 Houston Int’l Airport rose 13.83 percent to $4.08 million.
    Exports rose 13.59 percent to $4.07 million. Imports totaled $8,565.
  • Trade with No. 4 Port of Savannah, Ga. fell 58 percent to $3.91 million.
    Exports fell 58.02 percent to $3.91 million. Imports totaled $1,429.
  • Trade with No. 5 Port of Newark rose 22.94 percent to $2.04 million.
    Exports rose 326.41 percent to $1.7 million. Imports fell 72.95 percent to $340,222.

Chad ranked No. 176 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 145.

Meanwhile, total U.S. trade with the world increased to $2.4 trillion, down 13.21 percent compared to the same period last year. The nation’s exports dropped 16.18 percent to $917.89 billion; imports dropped 11.26 percent to $1.48 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $564.57 billion, down compared to the same period of last year when the deficit was $575.47 billion.

The top five U.S. exports to Chad by value through August were the categories of Acrylic polymers; Commercial vehicles; Laser-based medical equipment, parts; Prepared foods, beverages; and Misc. medical chemical re-agents, respectively. They accounted for 59.31 percent of total exports to Chad.

The value of the top five categories of U.S. imports from Chad –– Lac; Natural Gums, Resins, Gum-Resins and Bal 1301; Returned exports, without change; Coins; Preparations for use on hair; and Pearls, Natural or Cultured, Not Strung or Se 7101 –– accounted for 97.73 percent of all inbound shipments.

Looking more closely at U.S. exports to Chad:

  • Acrylic polymers totaled $8.53 million. The previous year, there were no exports in this category.
  • Commercial vehicles totaled $4.51 million. The previous year, there were no exports in this category.
  • Laser-based medical equipment, parts rose 178.59 percent compared to last year to $4.5 million.
  • Prepared foods, beverages fell 10.41 percent compared to last year to $1.65 million.
  • Misc. medical chemical re-agents rose 9847.56 percent compared to last year to $1.2 million.

Looking more closely at U.S. imports from Chad:

  • Lac; Natural Gums, Resins, Gum-Resins and Bal 1301 fell 39.81 percent compared to last year to $1.18 million.
  • Returned exports, without change fell 39.72 percent compared to last year to $65,032.
  • Coins rose 261.3 percent compared to last year to $35,967.
  • Preparations for use on hair fell 2.6 percent compared to last year to $25,446.
  • Pearls, Natural or Cultured, Not Strung or Se 7101 totaled $9,075. The previous year, there were no imports in this category.

In the latest annual figures available, Chad recorded $217.48 million in trade with the United States. Total U.S. exports to Chad were $ 84.65 million and imports from Chad were $132.84 million. The U.S. deficit with Chad was $48.19 million.