Gabon (GAB) and Angola (AGO) Trade | The Observatory of Economic Complexity

About

Gabon-Angola Trade: In 2022, Gabon exported $1.75M to Angola. The main products that Gabon exported to Angola were Industrial Fatty Acids, Oils and Alcohols ($506k), Soybean Oil ($318k), and Fishing Ships ($218k). Over the past 5 years the exports of Gabon to Angola have decreased at an annualized rate of 36.4%, from $16.8M in 2017 to $1.75M in 2022.

In 2022, Gabon did not export any services to Angola.

Angola-Gabon Trade: In 2022, Angola exported $5.14M to Gabon. The main products that Angola exported to Gabon were Passenger and Cargo Ships ($3M), Excavation Machinery ($589k), and Interchangeable Tool Parts ($292k). Over the past 5 years the exports of Angola to Gabon have decreased at an annualized rate of 15%, from $11.6M in 2017 to $5.14M in 2022.

In 2022, Angola did not export any services to Gabon.

Comparison: In 2022, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Gabon exported $1.75M to Angola. The main products exported from Gabon to Angola were Industrial Fatty Acids, Oils and Alcohols ($506k), Soybean Oil ($318k), and Fishing Ships ($218k). During the last 5 years the exports of Gabon to Angola have decreased at an annualized rate of 36.4%, from $16.8M in 2017 to $1.75M in 2022.

In 2017, Angola exported $5.14M to Gabon. The main products exported from Angola to Gabon were Passenger and Cargo Ships ($3M), Excavation Machinery ($589k), and Interchangeable Tool Parts ($292k). During the last 5 years the exports of Angola to Gabon have decreased at an annualized rate of 15%, from $11.6M in 2022 to $5.14M in 2017.

Exports from Gabon () to Angola () (2022)

Exports from Angola () to Gabon () (2022)

Latest Data

Trade between Gabon () and Angola ()

Angola Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Gabon than Angola included South Korea ($617M), Norway ($168M), and Germany ($218M).

In 2022, countries that imported more from Angola than Gabon included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

Difference in imports from Angola () and Gabon () (2022)

Comparative Advantage Gabon - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gabon had a large net trade with Angola in the exports of Chemical Products ($583k), Animal and Vegetable Bi-Products ($421k), and Machines ($310k).

During 2017, Angola had a large net trade with Gabon in the exports of Transportation ($3.05M), Machines ($1.14M), and Metals ($370k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Angola+$3.37kRefined Petroleum

Top Product Potential Angola Gabon+$2.27kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Angola () (2022)

Exports from Angola () to Gabon () (2022)

Latest Data

Trade between Gabon () and Angola ()

Angola Exports

Market Competitiveness

Difference in imports from Angola () and Gabon () (2022)

Comparative Advantage Gabon - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Angola () (2022)

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