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Pricing

2023
Flag → Flag
Exports $105MRnk 112 / 220
2023
Flag → Flag
Top Product $36.7MPlanes, Helicopters, and/or Spacecraft
2023
Flag → Flag
Exports $739MRnk 3 / 153
2023
Flag → Flag
Top Product $586MSpecial Purpose Ships
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.62Rnk 92 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$7,803CURRENT US$
Rnk 100 / 196
2013-2023
Flag
GDP PC GROWTH-15.2%CURRENT US$
Rnk 172 / 195

About

Spain-Gabon Trade: In 2023, Spain exported $105M to Gabon. The main products that Spain exported to Gabon were Planes, Helicopters, and/or Spacecraft ($36.7M), Refined Petroleum ($5.17M), and Packaged Medicaments ($4.39M). Over the past 5 years the exports of Spain to Gabon have increased at an annualized rate of 11.8%, from $60.4M in 2018 to $105M in 2023.

In 2023, Spain did not export any services to Gabon.

Gabon-Spain Trade: In 2023, Gabon exported $739M to Spain. The main products that Gabon exported to Spain were Special Purpose Ships ($586M), Crude Petroleum ($79.4M), and Palm Oil ($26.9M). Over the past 5 years the exports of Gabon to Spain have increased at an annualized rate of 4.1%,  from $605M in 2018 to $739M in 2023.

In 2023, Gabon did not export any services to Spain.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €2.49M and imported €926k from Gabon, resulting in a positive trade balance of €1.57M. Between November 2023 and November 2024 the exports of Spain have decreased by €-590k (-19.1%) from €3.08M to €2.49M, while imports decreased by €-89.7M (-99%) from €90.7M to €926k.

Trade In November 2024, the top exports of Spain to Gabon were Baked Goods (€544k), Flavored Water (€354k), Unglazed Ceramics (€300k), Wine (€298k), and Poultry Meat (€271k). In November 2024 the top imports of Spain from Gabon were Coconut Oil (€1.18M), Palm Oil (€1.04M), Sawn Wood (€218k), Veneer Sheets (€211k), and Plywood (€33.4k).

Origins In November 2024 the exports of Spain were mainly from Valencia (€878k), Barcelona (€542k), Castellón (€230k), Madrid (€184k), and Sevilla (€85.1k), while imports destinations were mainly Barcelona (€597k), Valencia (€220k), Girona (€36.5k), Murcia (€36.5k), and Madrid (€31.5k).

Growth In November 2024, the decrease in Spain's year-by-year exports to Gabon was explained primarily by an decrease in product exports in Unglazed Ceramics (€-192k or -39%), Gaskets (€-151k or -95.4%), and Scented Mixtures (€-73.3k or -49.2%). In November 2024, the decrease in Spain's year-by-year imports  from Gabon was explained primarily by an decrease in product imports  in Coconut Oil (€-341k or -22.4%), Veneer Sheets (€-178k or -45.7%), and Sawn Wood (€-90.6k or -29.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-590k(-19.1%)
IMPORT GROWTH (November 2023 - November 2024)€-89.7M(-99%)
MAIN EXPORTER (November 2024)Valencia€878k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Gabon and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Gabon and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $105M to Gabon. The main products exported from Spain to Gabon were Planes, Helicopters, and/or Spacecraft ($36.7M), Refined Petroleum ($5.17M), and Packaged Medicaments ($4.39M). During the last 5 years the exports of Spain to Gabon have increased at an annualized rate of 11.8%, from $60.4M in 2018 to $105M in 2023.

In 2018, Gabon exported $739M to Spain. The main products exported from Gabon to Spain were Special Purpose Ships ($586M), Crude Petroleum ($79.4M), and Palm Oil ($26.9M). During the last 5 years the exports of Gabon to Spain have increased at an annualized rate of 4.1%, from $605M in 2023 to $739M in 2018.

Exports from Spain (Flag) to Gabon (Flag) (2023)

Exports from Gabon (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Gabon
Top DestinationChina$2.77B

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

In 2023, countries that imported more from Spain than Gabon included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Gabon than Spain included Republic of the Congo ($574M), Indonesia ($875M), and Marshall Islands ($72.9M).

Difference in imports from Gabon (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Gabon

Flow
Scale

This chart compares trade between Spain and Gabon by product, considering products traded by both, Spain and Gabon.

During 2023, Spain had a large net trade with Gabon in the exports of Transportation ($37.9M), Machines ($16.2M), and Chemical Products ($9.27M).

During 2018, Gabon had a large net trade with Spain in the exports of Transportation ($612M), Mineral Products ($81.8M), and Animal and Vegetable Bi-Products ($34.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Gabon+$1.94MRefined Petroleum
Top Product Potential Gabon Spain+$84MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Gabon. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Gabon (Flag) (2023)

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