Comoros Business Profile
COMOROS BUSINESS PROFILE Country official Name Union of the COMOROS Area 1 861 km² Population 0.851 Million Inhabitants Time UTC+3 Capital Moroni Comoros Franc (KMF) Currency 1 KMF = 0,0024 USD, 1 USD = 417,5767 KMF Language Arabic, French Major cities Moutsamoudou, Fomboni, Domoni, Tsimbeo, Adda-Douéni, Sima, Ouani, Mirontsi Member since 1976 OIC Member State Date Bilateral Investment Treaties Within OIC United Arab Emirates, Burkina Faso, Egypt Member States TPSOIC and protocols (PRETAS and Rules of Signed, not Ratified Origin) WTO Observer Regional and bilateral trade Agreements Common Market for Eastern and Southern Africa (COMESA) GDP growth (annual %) 2.50 % in 2019 The country mainly exports cloves (45%), vanilla (32.3%), essential oils (12.3%), machines for cleaning or Economic sectors grading seeds (2%), and motor vehicles (1.7%). Its main imports include motor vehicles (11.9%), electric sound or visual signalling apparatus (11.6%), rice (9.3%), cement (7.1%), and meat (5%). 2019 World Exports USD 49 Millions World Imports USD 204 Millions Market Size USD 253 Millions Intra-OIC Exports USD 3.7 Millions Intra-OIC Exports share 7.43% UAE, Pakistan, Benin, Sudan, Oman, Turkey, Malaysia, Uganda, Saudi Arabia, Indonesia, Morocco, Egypt, Top OIC Customers Mozambique, Tunisia, Bangladesh Cloves, whole fruit, cloves and stems, Vanilla, Motor vehicles for the transport of goods, incl. chassis with engine and cab, Containers, incl. containers for the transport of fluids, specially designed and equipped for . Flat-rolled products of iron or non-alloy steel, of a width of >= 600 mm, cold-rolled "cold- reduced", Trunks, suitcases, vanity cases, executive-cases, briefcases, school satchels, spectacle Major Intra-OIC exported products cases, Fuel wood, in logs, billets, twigs, faggots or similar forms; wood in chips or particles; sawdust .
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