International Trade in Djibouti

International Trade in Djibouti

The country's macro-economic stability has significantly improved in recent years. GDP growth has progressed regularly going from 3% in 2004 to 5.8% in 2008. Despite the crisis, growth remained at 5% in 2009 nad 4.5% in 2010. This growth comes from trade and investments, especially in the... Read more

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Market Analyses About Djibouti (32)

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  • MASSIDA SMART SOLUTIONS

    MASSIDA SMART SOLUTIONS

    Third Party Logistics, Djibouti

    Massida Smart Solutions is the procurement dedicated branch part of the Massida Group of Companies. Massida Logistics established...
  • CFP International

    CFP International

    Trade Finance, Djibouti

    We are CFP International. We provide unique trade finance services for import businesses around the world. We add value to our...

Business Tips About Djibouti (16)

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Overview About International Trade in Djibouti

Main Industry Sectors

Agriculture carries no weight in the economy.
Industry accounts for a fifth of the Djiboutian gross domestic product.
The tertiary activity contributes to more than 80% of Djibouti's wealth. The manufacturing and services sectors completely depend on the port activities.

 

Economic Overview

The country's macro-economic stability has significantly improved in recent years. GDP growth has progressed regularly going from 3% in 2004 to 5.8% in 2008. Despite the crisis, growth remained at 5% in 2009 nad 4.5% in 2010. This growth comes from trade and investments, especially in the services sector (ports, airports and to a certain extent, financial institutions), which contributes almost three-fourths of the country's GDP.

In 2008, Djibouti and the IMF made a new three-year PRGF agreement (The Poverty Reduction and Growth Facility). This economic and structural adjustment program is based on the national initiative for social development (INDS - website in French), launched by the government in January 2007, and considered as a new social-economic development program's reference frame. The PRGF has been replaced by the Extended Credit Facility, the general objective of whi...

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