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Home :: Trade Leads By Country : Chad



CHAD

Chad, Countries by TradeChad, Countries by Trade

Introduction

Chad’s capital is the most happening city of this country and is slowly regaining its pre-war reputation as one of Central Africa’s liveliest cities.Apart from this wonderful city one would also find other interesting things to do once in this country and the infrastructure that has taken shape in this country is just mind blowing and worth enjoying. Bullet holes in buildings serve as a reminder of troubled times, but the atmosphere here is increasingly upbeat. There is also a lot of history behind this country to be discovered and enjoyed. There is a distinctive difference between the Arab section of town (very quiet at night) and the area where the southerners live (lively and full of bars).


Business and Economy

Chad's is a very small country and very less populated and the majoe dependence is on the natural resources hence that makes it a primarily agricultural economy that will continue to be boosted by major oilfield and pipeline projects that began in 2000. Major of the population is very dependent on the farming and stock raising for its livelihood. Cotton, cattle, and gum arabic provide the bulk of Chad's export earnings, but Chad will begin to export oil in 2005. They only face a problem of not having much of other resources that are very essential other than agriculture also and they only seem to lack it. Mining and other related activities like banking and financial services are absolutely not there in the country.


Major Cities

The major cities of this small country called Chad are Sarh, Abéché,Kélo,Koumra, Moundou,N'Djaména.


Fact Sheet

GDP- purchasing power parity - $10.86 billion (2003 est.)
GDP - real growth rate: 15% (2003 est.)
GDP - per capita: purchasing power parity - $1,200 (2003 est.)
GDP - composition by sector:
agriculture: 38%
industry: 13%
services: 49% (2001 est.)
Population below poverty line: 80% (2001 est.)
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 6% (2002 est.)
Labor force: NA (2002)
Labor force - by occupation: agriculture more than 80% (subsistence farming, herding, and fishing)
Unemployment rate: NA% (2000)
Budget:
revenues: $198 million
expenditures: $218 million, including capital expenditures of $146 million (1998 est.)
Industries: oil, cotton textiles, meatpacking, beer brewing, natron (sodium carbonate), soap, cigarettes, construction materials
Agriculture - products: cotton, sorghum, millet, peanuts, rice, potatoes, manioc (tapioca); cattle, sheep, goats, camels
Exports: $365 million f.o.b. (2003 est.)
Exports - commodities: cotton, cattle, gum arabic
Exports - partners: Portugal 30.3%, Germany 15.2%, US 9.1%, France 6.1%, Nigeria 6.1%, Spain 6.1%, Morocco 4.5%, Poland 4.5% (2002)
Imports: $760 million f.o.b. (2003 est.)
Imports - commodities: machinery and transportation equipment, industrial goods, petroleum products, foodstuffs, textiles
Imports - partners: France 31.5%, US 31.3%, Germany 5.6%, Nigeria 4.7% (2002)
Debt - external: $1.1 billion (2000 est.)
Economic aid - recipient: $238.3 million; note - $125 million committed by Taiwan (August 1997); $30 million committed by African Development Bank; ODA $150 million (2001 est.)
Currency: Communaute Financiere Africaine franc (XAF); note - responsible authority is the Bank of the Central African States
Currency code: XAF
Exchange rates: Communaute Financiere Africaine francs (XAF) per US dollar - 581.2 (2003), 696.99 (2002), 733.04 (2001), 711.98 (2000), 615.7 (1999)
Fiscal year: calendar year



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