Gabon (GAB) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Gabon-Australia Trade: In 2023, Gabon exported $49M to Australia. The main products that Gabon exported to Australia were Crude Petroleum ($47.6M), Plywood ($530k), and Iron Pipes ($385k). Over the past 5 years the exports of Gabon to Australia have decreased at an annualized rate of 33.2%, from $367M in 2018 to $49M in 2023.

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

Australia-Gabon Trade: In 2023, Australia exported $22.5M to Gabon. The main products that Australia exported to Gabon were Iron Railway Products ($13.3M), Large Construction Vehicles ($1.9M), and Excavation Machinery ($1.29M). Over the past 5 years the exports of Australia to Gabon have increased at an annualized rate of 19%, from $3.32M in 2018 to $22.5M in 2023.

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

Comparison: In 2023, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $49M to Australia. The main products exported from Gabon to Australia were Crude Petroleum ($47.6M), Plywood ($530k), and Iron Pipes ($385k). During the last 5 years the exports of Gabon to Australia have decreased at an annualized rate of 33.2%, from $367M in 2018 to $49M in 2023.

In 2018, Australia exported $22.5M to Gabon. The main products exported from Australia to Gabon were Iron Railway Products ($13.3M), Large Construction Vehicles ($1.9M), and Excavation Machinery ($1.29M). During the last 5 years the exports of Australia to Gabon have increased at an annualized rate of 19%, from $3.32M in 2023 to $22.5M in 2018.

Exports from Gabon () to Australia () (2023)

Exports from Australia () to Gabon () (2023)

Latest Data

Trade between Gabon () and Australia ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from Gabon than Australia included Republic of the Congo ($574M), Israel ($680M), and Togo ($75.7M).

In 2023, countries that imported more from Australia than Gabon included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia () and Gabon () (2023)

Comparative Advantage Gabon - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Australia in the exports of N/A.

During 2018, Australia had a large net trade with Gabon in the exports of Metals ($14M), Machines ($6.55M), and Instruments ($516k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Australia+$696kPlywood

Top Product Potential Australia Gabon+$116kStone Processing Machines

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 Australia. This means that a dot/product with the flag of Gabon indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Gabon.

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Australia () (2023)

Exports from Australia () to Gabon () (2023)

Latest Data

Trade between Gabon () and Australia ()

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Gabon () (2023)

Comparative Advantage Gabon - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Australia () (2023)

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