Flag Belgium-Luxembourg / Gabon Flag

Exports FlagFlag  (2018): $135M, Rnk 94 / 213

Top Product FlagFlag (2018): $12.5M, Used Clothing

Exports FlagFlag (2018): $72.8M, Rnk 12 / 98

Top Product FlagFlag (2018): $48.7M, Sawn Wood

Economic Complexity of Flag (2018): ECI -1.35, Rnk 126 / 137

GDP Flag (2018): $16.9B, CURRENT US$
Rnk 120 / 196

GDP GROWTH Flag (2008-2018): 8.67%, CURRENT US$
Rnk 147 / 196

GDP PC Flag (2018): $7,953, CURRENT US$
Rnk 88 / 196

GDP PC GROWTH Flag (2008-2018): -22.1%, CURRENT US$
Rnk 186 / 196

Belgium-Luxembourg-Gabon: In 2018, Belgium-Luxembourg exported $135M to Gabon. The main products exported from Belgium-Luxembourg to Gabon were Used Clothing ($12.5M), Mixed Mineral or Chemical Fertilizers ($9.33M), and Malt ($7.36M). During the last 23 years the exports of Belgium-Luxembourg to Gabon have increased at an annualized rate of 7.05%, from $28.2M in 1995 to $135M in 2018.

Gabon-Belgium-Luxembourg: In 2018, Gabon exported $72.8M to Belgium-Luxembourg. The main products exported from Gabon to Belgium-Luxembourg were Sawn Wood ($48.7M), Manganese Ore ($11.6M), and Railroad Ties ($5.83M). During the last 23 years the exports of Gabon to Belgium-Luxembourg have increased at an annualized rate of 7.23%, from $14.6M in 1995 to $72.8M in 2018.

Comparison: In 2018, Belgium-Luxembourg ranked 10 in total exports ($442B), and does not have data regarding Economic Complexity Index. That same year, Gabon ranked 126 in the Economic Complexity Index (ECI -1.35), and 108 in total exports ($5.75B). In terms of GDP Per Capita, Gabon was ranked 88 with a GDP Per Capita of $7,953, while Belgium-Luxembourg has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, Belgium-Luxembourg exported $135M to Gabon. The main products exported from Belgium-Luxembourg to Gabon were Used Clothing ($12.5M), Mixed Mineral or Chemical Fertilizers ($9.33M), and Malt ($7.36M). During the last 23 years the exports of Belgium-Luxembourg to Gabon have increased at an annualized rate of 7.05%, from $28.2M in 1995 to $135M in 2018.

In 2018, Gabon exported $72.8M to Belgium-Luxembourg. The main products exported from Gabon to Belgium-Luxembourg were Sawn Wood ($48.7M), Manganese Ore ($11.6M), and Railroad Ties ($5.83M). During the last 23 years the exports of Gabon to Belgium-Luxembourg have increased at an annualized rate of 7.23%, from $14.6M in 1995 to $72.8M in 2018.

Market Competitiveness

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Measure

Belgium-Luxembourg
Top Destination
: Germany, $77.4B

Gabon
Top Destination
: China, $2.62B

This map shows whether countries import more from Belgium-Luxembourg or Gabon. Each country is colored based on the difference in imports they receive from Belgium-Luxembourg and Gabon or the difference in the growth in imports.

In 2018, countries that imported more from Belgium-Luxembourg than Gabon were Germany ($77.4B), France ($62.3B), and Netherlands ($57.5B).

In 2018, no countries were registered that imported more from Gabon than from Belgium-Luxembourg.

Comparative Advantage Belgium-Luxembourg - Gabon

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This chart compares trade between Belgium-Luxembourg and Gabon by product, considering products traded by both, Belgium-Luxembourg and Gabon.

During 2018, Belgium-Luxembourg had a large net trade with Gabon in the exports of Chemical Products ($27.9M), Machines ($26M), and Transportation ($14.3M).

During 2018, Gabon had a large net trade with Belgium-Luxembourg in the exports of Wood Products ($60.6M), Mineral Products ($11.6M), and Machines ($462k).

Trade Forecasts

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This section shows a forecast for total trade between Belgium-Luxembourg and Gabon. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Belgium-Luxembourg has comparative advantage over Gabon. Similarly, the more red a dot/product is, the more Gabon has comparative advantage over Belgium-Luxembourg.