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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 144th largest goods trading partner with $245 million in total (exports plus imports) goods trade during 2013. Goods exports totaled $169 million; Goods imports totaled $76 million. The U.S. goods trade surplus with Democratic Republic of Congo was $94 million in 2013.
Democratic Republic of Congo was the United States' 138th largest goods export market in 2013.
U.S. goods exports to Democratic Republic of Congo in 2013 were $169 million, down 15.1% from 2012.
The top export categories (2-digit HS) for 2013 were: Pharmaceutical Products ($34 million), Nuclear Reactors, Boilers ($31 million), Meat ($29 million), Electric Machinery ($13 million), Textile Art ($11 million
Democratic Republic of Congo was the United States' 127th largest supplier of goods imports in 2013.
U.S. goods imports from Democratic Republic of Congo totaled $76 million in 2013, an 84.5% increase from 2012.
The top import category (2-digit HS) for 2013 was: Copper ($49 million), Art ($10 million), Precious Stones (3 million), Wood (3 million), Inorganic Chemicals ($2 million), Coffee ($1 million).
The U.S. goods trade surplus with Democratic Republic of Congo was $94 million in 2013; a 40.8% decrease from 2012.