2023
Flag  
GDP
$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH
10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
 GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 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
$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195

About

Gabon-Somalia Trade: In 2021, Gabon exported $33.6k to Somalia. The main products that Gabon exported to Somalia were N/A. Over the past 10 years the exports of Gabon to Somalia have increased at an annualized rate of 94.7%, from $43 in 2011 to $33.6k in 2021.

In 2021, Gabon did not export any services to Somalia.

Somalia-Gabon In N/A, Somalia did not export any products to Gabon.

In 2021, Somalia 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, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Gabon exported $33.6k to Somalia. There were not main exports from Gabon to Somalia in 2021. During the last 10 years the exports of Gabon to Somalia have increased at an annualized rate of 94.7%, from $43 in 2011 to $33.6k in 2021.

Somalia does not register exports to Gabon.

Exports from Gabon (Flag) to Somalia (Flag) (2021)

Exports from Somalia (Flag) to Gabon (Flag) (2021)

Market Competitiveness

Color
Gabon
Top Destination
China$2.77B
Somalia
Top Destination
United Arab Emirates$360M

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

In 2023, countries that imported more from Gabon than Somalia included China ($2.77B), Indonesia ($875M), and Spain ($739M).

In 2023, countries that imported more from Somalia than Gabon included United Arab Emirates ($360M), Saudi Arabia ($283M), and Oman ($180M).

Difference in imports from Somalia (Flag) and Gabon (Flag) (2023)

Comparative Advantage Gabon - Somalia

Flow
Scale

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

During 2021, Gabon had a large net trade with Somalia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gabon Somalia+$1.73kSawn Wood
Top Product Potential Somalia Gabon+$943Non-fillet Frozen Fish

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

Product Space of Gabon (Flag) and Somalia (Flag) (2021)

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