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Chad

Welcome to the price transmission page for Chad. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Chad

Historic Warnings per Commodity

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Background information

Main sources of income for the low-income economy are the oil, agricultural and service sector. Oil accounts for roughly two-third of export earnings, dependent on the current global oil prices. As a landlocked country, Chad has high transportation costs for imported goods from mostly neighboring countries and is highly dependent on foreign assistance.

The largest landlocked country in Africa shows a harsh and desert climate which is not favorable for agriculture, yet roughly two-fifths of the land area is used for agricultural purposes and the sector represents a backbone of the economy. Strong harvests in cotton and gum, and income from livestock have counterbalanced losses from declining oil prices in the last years. Locust plagues and periodic droughts however threaten the agricultural production. Given that cotton and gum are the main products, cereals need to be imported to cover the domestic demand.

The overall young and rural population shows a high population growth rate. Conflicts in neighboring countries and ethnic tensions supported by terrorist groups pose a threat to the already chronic food insecurity. In the GHI, Chad ranks as the second lowest country: one third of the population is undernourished. Overall, Chad ranks country 185 (out of 188 countries) in the HDI (2014). Access to basic education remains limited, resulting in overall low literacy rates. It is estimated that roughly every ninth person lives below the poverty line in rural areas.