Economy of sudan

Sudan's economy has a gross domestic product of US$37.769 billion in 2021. He has worked with the International Monetary Fund (IMF) to implement macroeconomic reforms, including a managed floating exchange rate. Sudan started exporting crude oil in the last quarter of 1999.

Sudan began exporting crude oil in the last quarter of 1999. Agricultural production remains important, employing 80% of the labor force and contributing a third of GDP. The Darfur conflict, the aftermath of two decades of war in the Second Sudanese Civil War (1983-2005) in the south, the lack of basic infrastructure in large areas and the dependence of much of the population on subsistence agriculture ensure much of the population will remain at or below the poverty line for years. Sudan remains a least developed country according to the United Nations.

Foreign trade

In 2020, the country was the 118th largest exporter in the world (US$5.1 billion). In terms of imports, in 2019, it was the 111th largest importer in the world: US$6.6 billion.

Agriculture

Sudan produced in 2018:

• 5.9 million tons of sugar cane;
• 4.9 million tons of sorghum (third world producer behind the US and Nigeria);
• 2.8 million tons of peanuts (the world's largest producer quartz behind China, India and Nigeria);
• 2.6 million tons of millet (third world producer, only behind India and Niger);
• 1.5 million tons of onion (the world’s largest producer);
• 981 thousand tons of sesame (most producer of the world);
• 951 thousand tons of banana;
• 907 thousand tons of mango (including mangostan and guava);
• 674 thousand tons of tomato;
• 595 thousand tons of wheat;
• 442 thousand tons of potato;
• 440 thousand tons of dátil (Septh world producer);
• 304 thousand tons of okra;
• 283 thousand tons of lemon;
• 240 thousand tons of cucumber;
• 234 thousand tons of grapefruit;
• 234 thousand tons of sweet potatoes;
• 187 thousand tons of ñame;
• 172 thousand tons of watermelon;
• 161 thousand tons of orange;
• 160 thousand tons of cotton;

In addition to smaller productions of other agricultural products.

Livestock

In 2019, Sudan produced 2.9 billion liters of cow's milk, 1.1 billion liters of goat's milk (third world producer), 415 million liters of sheep's milk (tenth world producer), 62 million liters of camel milk, 388 thousand tons of beef, 265 thousand tons of lamb, 146 thousand tons of camel meat, 120 thousand tons of goat meat, 75 thousand tons of chicken meat, among others.

Secondary sector

Industry

The World Bank lists the top producing countries each year, based on the total value of production. According to the 2009 list, Sudan had the world's 105th most valuable industry ($2.8 billion).

In 2018, the country was the fifth world producer of peanut oil (177.8 thousand tons).

Mining

In 2019, the country was the world's 13th largest gold producer.

Energy

In non-renewable energy, in 2020, the country was the 48th largest oil producer in the world, extracting 64,700 barrels / day. In 2011, the country consumed 95,500 barrels/day (the 79th largest consumer in the world).. The country was the 38th largest oil exporter in the world in 2010 (97.2 thousand barrels / day). The country does not produce natural gas. The country does not produce coal.

• GDP - Gross Domestic Product (2003): $15.920 million.
• Parity of purchasing power (2004)$76.2 billion.
• GDP - Per capita: US$ 477.
• Per capita purchasing power parity (2004): $1,900.
• Average annual inflation: 9%.
• External debt approx.: $16.090 million.
• Imports: $2,671 million.

• Major supplier countries: Saudi Arabia, China and India.
• Main import products: Food, manufacturing and machinery.

• Exports: $2,422 million.

• Main client countries: China, Saudi Arabia and Japan.
• Main export products: Oil and its derivatives and cotton.

Structure of GDP in 2003:

Distribution by economic sectors of total GDP:

Agriculture, Forestry and Fisheries: 37%.

Industry: 18%.

Manufacturing and mining industries: 9%.

Services and construction: 45 per cent.

• Unemployment rate (2003): 19.1%.
• Population below the poverty level (2004): 40%.