Gabon (GAB) and Portugal (PRT) Trade | The Observatory of Economic Complexity

About

Gabon-Portugal Trade: In 2023, Gabon exported $14.8M to Portugal. The main products that Gabon exported to Portugal were Gold ($10.9M), Sawn Wood ($2.84M), and Plywood ($849k). Over the past 5 years the exports of Gabon to Portugal have decreased at an annualized rate of 22.3%, from $52.1M in 2018 to $14.8M in 2023.

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

Portugal-Gabon Trade: In 2023, Portugal exported $14M to Gabon. The main products that Portugal exported to Gabon were Poultry Meat ($1.79M), Uncoated Paper ($1.16M), and Packaged Medicaments ($851k). Over the past 5 years the exports of Portugal to Gabon have increased at an annualized rate of 5.69%, from $10.6M in 2018 to $14M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $14.8M to Portugal. The main products exported from Gabon to Portugal were Gold ($10.9M), Sawn Wood ($2.84M), and Plywood ($849k). During the last 5 years the exports of Gabon to Portugal have decreased at an annualized rate of 22.3%, from $52.1M in 2018 to $14.8M in 2023.

In 2018, Portugal exported $14M to Gabon. The main products exported from Portugal to Gabon were Poultry Meat ($1.79M), Uncoated Paper ($1.16M), and Packaged Medicaments ($851k). During the last 5 years the exports of Portugal to Gabon have increased at an annualized rate of 5.69%, from $10.6M in 2023 to $14M in 2018.

Exports from Gabon () to Portugal () (2023)

Exports from Portugal () to Gabon () (2023)

Latest Data

Trade between Gabon () and Portugal ()

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Portugal
Top DestinationSpain$17.7B

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

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

In 2023, countries that imported more from Portugal than Gabon included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Gabon - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Portugal in the exports of Precious Metals ($10.9M), Wood Products ($3.8M), and Mineral Products ($16.3k).

During 2018, Portugal had a large net trade with Gabon in the exports of Machines ($3.41M), Chemical Products ($2.73M), and Metals ($1.93M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Portugal+$17.4MCrude Petroleum

Top Product Potential Portugal Gabon+$249kCentrifuges

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Portugal () (2023)

Exports from Portugal () to Gabon () (2023)

Latest Data

Trade between Gabon () and Portugal ()

Portugal Exports

Market Competitiveness

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

Comparative Advantage Gabon - Portugal

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 Portugal () (2023)

Keep Exploring