Gabon (GAB) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Gabon-Colombia Trade: In 2023, Gabon exported $19.1M to Colombia. The main products that Gabon exported to Colombia were Pitch Coke ($10.3M), Other Construction Vehicles ($7.95M), and Excavation Machinery ($261k). Over the past 5 years the exports of Gabon to Colombia have increased at an annualized rate of 174%, from $124k in 2018 to $19.1M in 2023.

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

Colombia-Gabon Trade: In 2023, Colombia exported $42.4M to Gabon. The main products that Colombia exported to Gabon were Coke ($23.6M), Pitch Coke ($16.6M), and Baked Goods ($750k). Over the past 5 years the exports of Colombia to Gabon have decreased at an annualized rate of 4.6%, from $56.2M in 2018 to $42.4M in 2023.

In 2023, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $19.1M to Colombia. The main products exported from Gabon to Colombia were Pitch Coke ($10.3M), Other Construction Vehicles ($7.95M), and Excavation Machinery ($261k). During the last 5 years the exports of Gabon to Colombia have increased at an annualized rate of 174%, from $124k in 2018 to $19.1M in 2023.

In 2018, Colombia exported $42.4M to Gabon. The main products exported from Colombia to Gabon were Coke ($23.6M), Pitch Coke ($16.6M), and Baked Goods ($750k). During the last 5 years the exports of Colombia to Gabon have decreased at an annualized rate of 4.6%, from $56.2M in 2023 to $42.4M in 2018.

Exports from Gabon () to Colombia () (2023)

Exports from Colombia () to Gabon () (2023)

Latest Data

Trade between Gabon () and Colombia ()

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Gabon than Colombia included Indonesia ($875M), Republic of the Congo ($574M), and China ($2.77B).

In 2023, countries that imported more from Colombia than Gabon included United States ($14.8B), Panama ($4.66B), and Ecuador ($2.19B).

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

Comparative Advantage Gabon - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Colombia in the exports of Mineral Products ($10.3M), Machines ($8.44M), and Metals ($322k).

During 2018, Colombia had a large net trade with Gabon in the exports of Mineral Products ($40.2M), Foodstuffs ($1.44M), and Machines ($472k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Colombia+$31kMachinery Having Individual Functions

Top Product Potential Colombia Gabon+$377kCoal Briquettes

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Colombia () (2023)

Exports from Colombia () to Gabon () (2023)

Latest Data

Trade between Gabon () and Colombia ()

Colombia Exports

Market Competitiveness

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

Comparative Advantage Gabon - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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