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Pricing

2021
Flag → Flag
Exports $33.6kRnk 72 / 0
2021
Flag → Flag
Exports $4.84MRnk 69 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 112 / 133
2022
Flag  
GDP$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC $8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH-5.65%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

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 2022,  Gabon ranked 112 in the Economic Complexity Index (ECI -0.99),  and 112 in total exports ($7.88B). That same year, Somalia ranked 167 in total exports ($569M), 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 DestinationChina$3.4B
Somalia
Top DestinationUnited Arab Emirates$283M

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 2022, countries that imported more from Gabon than Somalia included China ($3.4B), South Korea ($617M), and Italy ($576M).

In 2022, countries that imported more from Somalia than Gabon included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

Difference in imports from Somalia (Flag) and Gabon (Flag) (2022)

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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