China-Djibouti Relations

Country profile

GDP: US$2.956 billion

GDP growth: 7% (2019) and 7.5% (2020)

Population: 958,920 people

Prime minister: Abdoulkader Kamil Mohamed

Minister of Foreign affairs: M. Mahamoud Ali Youssouf

Ambassador to China: Abdallah Abdillahi Miguil

 

Development strategy (Click here to read more)

 

Bilateral trade relations

Import from China: 252,267,597 (2008) and 1,871,676,062 (2018)

Export to China: 1,791,549 (2008) 204,482 (2018)

 

Key cooperation areas: Infrastructure (hospitals, roads, etc.), loans, and military (Djibouti Logistic Support Base)

Djibouti further expects Chinese investments of within US$ 12-14 billion between 2016 and 2020. A large chunk of these investments will be nonconcessional loans. These investments in Djibouti will act as a catalyst for economic growth and development with the World Bank already forecasting growth of 6.5 per cent for the Djibouti economy in 2016. China’s military base has the potential to serve as a catalyst in the stimulation of Djibouti’s economy. If these initiatives bring about the intended multiplier effects, it will put Djibouti in good stead and provide a platform for further growth and development in years to come.