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Pricing

2023
Flag → Flag
Exports $53.3MRnk 28 / 153
2023
Flag → Flag
Top Product $33.4MSpecial Purpose Ships
2023
Flag → Flag
Exports $1.87MRnk 32 / 76
2023
Flag → Flag
Top Product $1.24MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2023
Flag
Economic Complexity (ECI) ECI -0.62Rnk 92 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
 GDP$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC $7,803CURRENT US$
Rnk 100 / 195
2013-2023
Flag
GDP PC GROWTH-15.2%CURRENT US$
Rnk 172 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195

About

Gabon-Equatorial Guinea Trade: In 2023, Gabon exported $53.3M to Equatorial Guinea. The main products that Gabon exported to Equatorial Guinea were Special Purpose Ships ($33.4M), Passenger and Cargo Ships ($17.2M), and Beer ($1.55M). Over the past 5 years the exports of Gabon to Equatorial Guinea have increased at an annualized rate of 23.6%, from $18.5M in 2018 to $53.3M in 2023.

In 2023, Gabon did not export any services to Equatorial Guinea.

Equatorial Guinea-Gabon Trade: In 2023, Equatorial Guinea exported $1.87M to Gabon. The main products that Equatorial Guinea exported to Gabon were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($1.24M), Glass Bottles ($287k), and Other Plastic Products ($117k). Over the past 5 years the exports of Equatorial Guinea to Gabon have decreased at an annualized rate of 32.8%,  from $13.6M in 2018 to $1.87M in 2023.

In 2023, Equatorial Guinea 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, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gabon exported $53.3M to Equatorial Guinea. The main products exported from Gabon to Equatorial Guinea were Special Purpose Ships ($33.4M), Passenger and Cargo Ships ($17.2M), and Beer ($1.55M). During the last 5 years the exports of Gabon to Equatorial Guinea have increased at an annualized rate of 23.6%, from $18.5M in 2018 to $53.3M in 2023.

In 2018, Equatorial Guinea exported $1.87M to Gabon. The main products exported from Equatorial Guinea to Gabon were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($1.24M), Glass Bottles ($287k), and Other Plastic Products ($117k). During the last 5 years the exports of Equatorial Guinea to Gabon have decreased at an annualized rate of 32.8%, from $13.6M in 2023 to $1.87M in 2018.

Exports from Gabon (Flag) to Equatorial Guinea (Flag) (2023)

Exports from Equatorial Guinea (Flag) to Gabon (Flag) (2023)

Market Competitiveness

Color
Gabon
Top DestinationChina$2.77B
Equatorial Guinea
Top DestinationChina$1.37B

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

In 2023, countries that imported more from Gabon than Equatorial Guinea included China ($2.77B), Indonesia ($875M), and Israel ($680M).

In 2023, countries that imported more from Equatorial Guinea than Gabon included Germany ($319M), Netherlands ($635M), and Chile ($137M).

Difference in imports from Equatorial Guinea (Flag) and Gabon (Flag) (2023)

Comparative Advantage Gabon - Equatorial Guinea

Flow
Scale

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

During 2023, Gabon had a large net trade with Equatorial Guinea in the exports of Transportation ($50.7M), Foodstuffs ($1.57M), and Plastics and Rubbers ($272k).

During 2018, Equatorial Guinea had a large net trade with Gabon in the exports of Chemical Products ($1.26M), Stone And Glass ($288k), and Plastics and Rubbers ($197k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gabon Equatorial Guinea+$2.1kFerroalloys
Top Product Potential Equatorial Guinea Gabon+$2.34kPackaged Medicaments

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

Product Space of Gabon (Flag) and Equatorial Guinea (Flag) (2023)

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