COMCEC Trade Outlook 2018
17
policies aiming to step up export diversification to enhance resilience to commodity price
volatilities.
Figures 18 and 19 illustrate the share of the basic
commodities in total exports of some member states.
Fuels (SITC 3) was the main exported item in many
members ranging between 42 to 96 per cent of total
exports. On the other hand, the share of non-monetary
gold reached 72 to 61 per cent of total exports in Mali
and d Burkina Faso respectively. The share of textile
related items in exports reached 89 per cent in Bangladesh, 61 per cent in Pakistan. Basic metals
constituted a noticeable place in exports of some member states such as Mauritania and Niger
where the share of metalliferous ores and metal scrap constituted 32 to 41 per cent of exports.
Figure 18: Share of Fuels in Total Exports, 2017
Source: UNCTADSTAT Note: Fuels includes petroleum, petroleum products, natural gas, coke and electric
current
Figure 19: Share of Commodities in Total Exports for Selected Countries, 2017
Source: UN Comtrade
Note: Latest available data were used. * Includes SITC Rev 3 sectors 65 and 84
96 95 92 91 90 86 84 83
73 73 71 67 66 63 59
43 42 42
11
0
10
20
30
40
50
60
70
80
90
100
Algeria
Iraq
NigeriaBrunei
Darussalam
Azerbaijan
Qatar Libya Chad
Turkmenistan
Saudi
Arabia
Gabon
Iran
Oman
Kazakhstan
Kuwait
Mozambique
Bahrain
OIC
World
Per cent
32
36
36
39
40
41
45
61
61
72
89
0 10 20 30 40 50 60 70 80 90 100
Niger (Metalliferous ores and scrap )
Sudan (Gold, non-monetary)
Mozambique (Coal, coke and briquettes)
Kyrgyzistan (Gold,non-monetary)
Guinea (Gold, non monetary)
Mauritania (Metalliferous ores and metal scrap )
Côte d'Ivoire (Coffee, tea, cocoa etc.)
Pakistan* (Textile fibres and yarn, clothing)
Burkina Faso (Gold,non-monetary)
Mali (Gold-non-monetary)
Bangladesh *(Textile fibres and yarn, clothing)
Per cent
“Dependence on a single
commodity is common
among OIC members”