Gabon (GAB) and Italy (ITA) Trade | The Observatory of Economic Complexity

About

Gabon-Italy Trade: In 2023, Gabon exported $252M to Italy. The main products that Gabon exported to Italy were Crude Petroleum ($188M), Plywood ($34.5M), and Sawn Wood ($18.6M). Over the past 5 years the exports of Gabon to Italy have increased at an annualized rate of 2.05%, from $228M in 2018 to $252M in 2023.

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

Italy-Gabon Trade: In 2023, Italy exported $78.5M to Gabon. The main products that Italy exported to Gabon were Processed Tomatoes ($6.22M), Centrifuges ($4.98M), and Pig Meat ($3.43M). Over the past 5 years the exports of Italy to Gabon have increased at an annualized rate of 2.85%, from $68.2M in 2018 to $78.5M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $252M to Italy. The main products exported from Gabon to Italy were Crude Petroleum ($188M), Plywood ($34.5M), and Sawn Wood ($18.6M). During the last 5 years the exports of Gabon to Italy have increased at an annualized rate of 2.05%, from $228M in 2018 to $252M in 2023.

In 2018, Italy exported $78.5M to Gabon. The main products exported from Italy to Gabon were Processed Tomatoes ($6.22M), Centrifuges ($4.98M), and Pig Meat ($3.43M). During the last 5 years the exports of Italy to Gabon have increased at an annualized rate of 2.85%, from $68.2M in 2023 to $78.5M in 2018.

Exports from Gabon () to Italy () (2023)

Exports from Italy () to Gabon () (2023)

Latest Data

Trade between Gabon () and Italy ()

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Italy
Top DestinationGermany$71.4B

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

In 2023, countries that imported more from Gabon than Italy included Republic of the Congo ($574M), Equatorial Guinea ($53.3M), and Bahamas ($61.8M).

In 2023, countries that imported more from Italy than Gabon included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Gabon - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Italy in the exports of Mineral Products ($188M), Wood Products ($62.8M), and Machines ($414k).

During 2018, Italy had a large net trade with Gabon in the exports of Machines ($26.6M), Foodstuffs ($9.13M), and Metals ($8.51M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Italy+$79.5MCrude Petroleum

Top Product Potential Italy Gabon+$1.52MExcavation Machinery

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Italy () (2023)

Exports from Italy () to Gabon () (2023)

Latest Data

Trade between Gabon () and Italy ()

Italy Exports

Market Competitiveness

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

Comparative Advantage Gabon - Italy

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring