International Trade in Sudan

International Trade in Sudan

In recent years, the Sudanese economy showed a growth rate of more than 10% due to the increase in oil production, a good harvest and the continuous expansion of the construction and services sectors.  However, Sudan was heavily affected by the global economic crisis and the collapse in... Read more

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Market Analyses About Sudan (8)

Import and Export Services in Sudan (148)

  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Sudan

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...
  • U M Consultancy

    U M Consultancy

    Market Research, Sudan

    Conductinf marketing research in Sudan, Cunsumer research, Business 2 business research, data analysis

Business Tips About Sudan (15)

Agents and Distributors in Sudan (18)

  • Projesan Hospital Furniture Co

    Projesan Hospital Furniture Co

    Hospital Furniture, Sudan

    Our Product include, hospital bed, bedside cabinets, over bed tables,strechers, trolleys,stainless steel products for operation...
  • Follazi Ltd

    Follazi Ltd

    Construction Sales and Distribution, Sudan

    Pioneer in Leather Industries in Sudan and Neighboring Countries With Conglomerate of Building Materials and Building Accessories

Overview About International Trade in Sudan

Economic Overview

In recent years, the Sudanese economy showed a growth rate of more than 10% due to the increase in oil production, a good harvest and the continuous expansion of the construction and services sectors.  However, Sudan was heavily affected by the global economic crisis and the collapse in oil prices.  Its growth dropped to 4.5% in 2009.  Under the effect of the global revival, the increase in prices and production of oil, investments and domestic demand, the growth has risen again to 5.5% in 2010.

 

 

The Sudanese economic policy is largely based on the implementation of the Global Peace Agreement (GPA) and the Joint Evaluation Mission (JEM), which design the country's detailed plans up to 2011.  In order to maintain its economic growth, the country has to manage its oil sector properly, protect the viability of its external debt and improve the financial system and the central bank.

The high growth rate, sustained by oil production, creates a significant increase in the country's income per capita, an improvement in its literacy rate and a reduction in infant mortality.  However, widespread poverty, unequal income distribution and insufficient social services still rema...

News Related to International Trade in Sudan

  • South Sudan raises Sales Tax - Mar 27, 2019

    South Sudan has proposed increasing the level of Sales Tax from 15% to 20% in its latest budget. Historically, Sales Tax has been levied at 5% on imports and restaurant/hotel services. But it was r

    Source: VAT Live

  • South Sudan 18% Sales Tax - Mar 27, 2019

    South Sudan has confirmed that Sales Tax will rise from 15% to 18%.  A proposal to raise the consumption tax to 20% was rejected. Sales Tax applies to domestically produced goods, hotel and accommo

    Source: VAT Live

  • South Sudan Sales Tax rise - Mar 27, 2019

    South Sudan has proposed raising its Sales Tax levy from 18% to 20%. Sales Tax applies to domestically produced goods, hotel and accommodation services and imports. It was raised from 15% to 18% ea

    Source: VAT Live