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This report is designed to be an introduction to the political, economic, and trade situation in the Democratic Republic of Congo (DRC). The DRC is the second largest country in Africa and boasts one of the largest population on the continent.
The Democratic Republic of Congo (DRC) offers significant growth potential for U.S. food and beverage exporters, driven by its large population and increasing urbanization, U.S. agricultural and related product exports to the DRC are rising, with strong demand for wheat, poultry, vegetable oil, and rice.
On May 5, 2022, trade and finance ministers from East African Community (EAC) member countries agreed to raise minimum common external tariffs from 25 to 35 percent on several agricultural products.