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2023
Flag → Flag
Exports $164MRnk 129 / 220
2023
Flag → Flag
Top Product $43.3MRefined Petroleum
2023
Flag → Flag
Exports $504MRnk 6 / 153
2023
Flag → Flag
Top Product $324MManganese Ore
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.62Rnk 92 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$7,803CURRENT US$
Rnk 100 / 196
2013-2023
Flag
GDP PC GROWTH-15.2%CURRENT US$
Rnk 172 / 195

About

India-Gabon Trade: In 2023, India exported $164M to Gabon. The main products that India exported to Gabon were Refined Petroleum ($43.3M), Packaged Medicaments ($18.5M), and Frozen Bovine Meat ($9.23M). Over the past 5 years the exports of India to Gabon have increased at an annualized rate of 15.9%, from $78.6M in 2018 to $164M in 2023.

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

Gabon-India Trade: In 2023, Gabon exported $504M to India. The main products that Gabon exported to India were Manganese Ore ($324M), Veneer Sheets ($109M), and Crude Petroleum ($57M). Over the past 5 years the exports of Gabon to India have decreased at an annualized rate of 2.16%,  from $574M in 2018 to $504M in 2023.

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

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Latest Trends

November, 2024

About

Overview In November 2024, India exported $8.06M and imported $14.3M from Gabon, resulting in a negative trade balance of $6.28M. Between November 2023 and November 2024 the exports of India have increased by $2.83M (54.1%) from $5.23M to $8.06M, while imports decreased by $-12.9M (-47.3%) from $27.2M to $14.3M.

Trade In November 2024, the top exports of India to Gabon were Buffalo Meat ($1.22M), Aluminium, Products Of Aluminm ($496k), Other Construction Machinery ($403k), Packaging Materials ($387k), and Motor Vehicle/Cars ($381k). In November 2024 the top imports of India from Gabon were Bulk Minerals And Ores ($9.96M), Plywood And Allied Products ($7.56M), Natural Rubber ($805k), Lead And Products Made Of Led ($404k), and Iron And Steel ($88.3k).

Growth In November 2024, the increase in India's year-by-year exports to Gabon was explained primarily by an increase in product exports in Other Construction Machinery ($392k or 3.88k%), Motor Vehicle/Cars ($327k or 615%), and Cereal Preparations ($293k or 1.47k%). In November 2024, the decrease in India's year-by-year imports  from Gabon was explained primarily by an decrease in product imports  in Bulk Minerals And Ores ($-26M or -72.3%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$2.83M(54.1%)
IMPORT GROWTH (November 2023 - November 2024)$-12.9M(-47.3%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Gabon and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Gabon and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $164M to Gabon. The main products exported from India to Gabon were Refined Petroleum ($43.3M), Packaged Medicaments ($18.5M), and Frozen Bovine Meat ($9.23M). During the last 5 years the exports of India to Gabon have increased at an annualized rate of 15.9%, from $78.6M in 2018 to $164M in 2023.

In 2018, Gabon exported $504M to India. The main products exported from Gabon to India were Manganese Ore ($324M), Veneer Sheets ($109M), and Crude Petroleum ($57M). During the last 5 years the exports of Gabon to India have decreased at an annualized rate of 2.16%, from $574M in 2023 to $504M in 2018.

Exports from India (Flag) to Gabon (Flag) (2023)

Exports from Gabon (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Gabon
Top DestinationChina$2.77B

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

In 2023, countries that imported more from India than Gabon included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Gabon than India included Republic of the Congo ($574M), Marshall Islands ($72.9M), and Equatorial Guinea ($53.3M).

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

Comparative Advantage India - Gabon

Flow
Scale

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

During 2023, India had a large net trade with Gabon in the exports of Mineral Products ($43.8M), Machines ($30.3M), and Chemical Products ($28.1M).

During 2018, Gabon had a large net trade with India in the exports of Mineral Products ($382M), Wood Products ($115M), and Metals ($4.66M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Gabon+$3.26MPackaged Medicaments
Top Product Potential Gabon India+$242MCrude Petroleum

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

Product Space of India (Flag) and Gabon (Flag) (2023)

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