Gabon (GAB) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Gabon-Romania Trade: In 2023, Gabon exported $3.76M to Romania. The main products that Gabon exported to Romania were Tug Boats ($3.73M), Other Engines ($14.5k), and Other Furniture ($7.17k). Over the past 5 years the exports of Gabon to Romania have increased at an annualized rate of 36.1%, from $804k in 2018 to $3.76M in 2023.

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

Romania-Gabon Trade: In 2023, Romania exported $21.8M to Gabon. The main products that Romania exported to Gabon were Tug Boats ($9.15M), Valves ($2.85M), and Cars ($1.61M). Over the past 5 years the exports of Romania to Gabon have increased at an annualized rate of 31.6%, from $5.52M in 2018 to $21.8M in 2023.

In 2023, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $3.76M to Romania. The main products exported from Gabon to Romania were Tug Boats ($3.73M), Other Engines ($14.5k), and Other Furniture ($7.17k). During the last 5 years the exports of Gabon to Romania have increased at an annualized rate of 36.1%, from $804k in 2018 to $3.76M in 2023.

In 2018, Romania exported $21.8M to Gabon. The main products exported from Romania to Gabon were Tug Boats ($9.15M), Valves ($2.85M), and Cars ($1.61M). During the last 5 years the exports of Romania to Gabon have increased at an annualized rate of 31.6%, from $5.52M in 2023 to $21.8M in 2018.

Exports from Gabon () to Romania () (2023)

Exports from Romania () to Gabon () (2023)

Latest Data

Trade between Gabon () and Romania ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Romania
Top DestinationGermany$19.9B

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

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

In 2023, countries that imported more from Romania than Gabon included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Gabon - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Romania in the exports of Transportation ($3.73M), Machines ($15.3k), and Miscellaneous ($7.17k).

During 2018, Romania had a large net trade with Gabon in the exports of Transportation ($11.9M), Machines ($6.24M), and Metals ($2.29M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Romania+$137kRubber

Top Product Potential Romania Gabon+$1.1MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Romania () (2023)

Exports from Romania () to Gabon () (2023)

Latest Data

Trade between Gabon () and Romania ()

Romania Exports

Market Competitiveness

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

Comparative Advantage Gabon - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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