Wednesday, May 11, 2011

International Trade

"Sudan has long had an adverse foreign trade balance. Foreign trade has been negatively influenced by the civil war and international isolation. In August 1999, Sudan started exporting oil. Nearly 70 percent of the oil production is exported. In 1999-2000, the country experienced its first trade surplus . That surplus rose to US$500 million in 2000 on exports of US$1.7 billion and imports of US$1.2 billion.
Foodstuffs are the most important import into Sudan. But steel and alloy products were the main industrial items having been imported to Sudan. Their imports accounted for US$76.6 million. Spare parts import accounted for US$88.3 million, audio and video devices for US$43.1 million, refrigerators for US$112.2 million, personal cars for US$30.2 million, lorries and trucks for US$38.7 million, and buses for US$6.8 million."



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