The Republic of Congo is a beneficiary of the Standard GSP. With a per capita income of $2,482 in 2024, the World Bank classifies Congo as a lower middle-income country. In 2024, EU imports from Congo summed up to €2.0 billion, the highest value since 2012. As most of Congo's exports enter the EU duty-free under the EU's normal tariff regime, the scope for preferential GSP imports is limited; these reached €4.8 million in 2024.
The Standard GSP targets developing countries that are classified by the World Bank as lower or lower-middle income countries and which do not have equal preferential access to the EU market through any other arrangement. Standard GSP beneficiary countries can benefit from duty suspension for non-sensitive products as well as duty reductions for sensitive products across approximately 66% of all EU tariff lines.
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Congo's most important export product by far is petroleum oil, and the country ranks among the top 10 of Africa’s oil producers. Other important export products include copper, gold and tropical woods. Cocoa beans are the most important agricultural product for export.
The Republic of Congo has substantial mineral resources, the majority of which are yet untapped. Next to petroleum oil, these resources include iron ore, magnesium, diamonds, phosphate, copper, lead, zinc, and gold.
China and the EU are Congo's most important export markets, with shares of 31% each in 2024. The two largest suppliers, China (23%) and the EU (21%), are also the largest export markets, with a combined share of 62% of Congo's total exports.
Agriculture contributes a small share to Congo's GDP (9% in 2024), far behind industry (40%) and services (45%). Oil rents contribute about 50% to the government's revenues, one of the highest shares in the world. This leaves the economy vulnerable to volatilities on international energy markets. Other relevant industries in Congo are cement, lumber, brewing, sugar, and palm oil.
As most of Congo's exports enter the EU duty-free under the EU's normal tariff regime, the scope for EBA preferences is limited: less than 1% of imports from Congo were eligible for EBA preferences in 2024. 42% of the eligible imports made use of the preferences.
Total trade between the EU and the Republic of Congo amounted to €3.4 billion in 2024. The EU is Congo's second most important trading partner with a share of 27%, behind China (28%).
Only a small share of the Republic of Congo's exports to the EU were eligible for GSP preferential tariffs in 2024.
Republic of Congo's preference utilisation rate in 2024.
Share of zero-duty imports from Congo in 2024. Most imports are duty-free under normal EU tariffs.
The vast majority of EU imports from Congo is duty-free and thus not eligible for GSP preferences. Eligible imports have decreased almost steadily since 2012, from more than €80 million then to €11 million in 2024. Congo’s preference utilisation rate has fluctuated heavily over the years, ranging from 42% to 81%. In 2024, the rate stood at 42%.
The EU's preferential imports from Congo are concentrated on one product group, wood and wood products. Until 2023, they had been dominated by mineral products, but these are not imported under the normal MFN tariffs. Although other products are eligible for the GSP preferences, they hardly make use of these preferences, with the exception of precious stones and optical and other instruments.
Congo has a high level of ratification of core international conventions, although the Standard GSP does not require the ratification of any conventions. Congo has ratified all but one of the 15 core conventions on human rights and labour standards. Additionally, Congo has ratified all of the 12 international conventions on environmental protection and on good governance, covering topics like corruption and the control of narcotic drugs, which are listed in the GSP Regulation.
Access all info about EU-Republic of Congo relations on the International Partnerships website.