COMCEC Trade Outlook 2016
27
of intra-OIC trade was as low as 3.4 to 6.6 per cent in Brunei, Mozambique and Guinea (Figures
28-29).
Source: IMF Direction of Trade Statistics
With regards to the top 10 leading Members in total OIC trade (see Figure 30), intra-OIC trade
shares of United Arab Emirates, Iran, Iraq and Egypt have already exceeded 20 percent target.
Turkey and Saudi Arabia were very close to 20 percent with around 18 per cent. On the other
hand share of intra-OIC trade remained relatively low in Nigeria, Malaysia and Indonesia.
Figure 30: Intra-OIC Trade Shares of Top OIC Traders (2015)
Source: IMF Direction of Trade Statistics
Figure 28: Member States Having the Lowest Share
of Intra-OIC Trade in Their Total Trade- 2015
Figure 29: Member States Having the Highest Share
of Intra-OIC Trade in Their Total Trade- 2015