Israel (ISR) and Gabon (GAB) Trade | The Observatory of Economic Complexity

About

Israel-Gabon Trade: In 2023, Israel exported $5.86M to Gabon. The main products that Israel exported to Gabon were Liquid Dispersing Machines ($2.16M), Potassic Fertilizers ($1.99M), and Video Recording Equipment ($338k). Over the past 5 years the exports of Israel to Gabon have increased at an annualized rate of 40.2%, from $1.08M in 2018 to $5.86M in 2023.

In 2012, Israel exported services to Gabon worth $39.7M, with Computer and information services ($39.7M) being the largest in terms of value.

Gabon-Israel Trade: In 2023, Gabon exported $680M to Israel. The main products that Gabon exported to Israel were Crude Petroleum ($680M), Plywood ($221k), and Veneer Sheets ($200k). Over the past 5 years the exports of Gabon to Israel have increased at an annualized rate of 359%, from $333k in 2018 to $680M in 2023.

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

Comparison: In 2023, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Israel exported $5.86M to Gabon. The main products exported from Israel to Gabon were Liquid Dispersing Machines ($2.16M), Potassic Fertilizers ($1.99M), and Video Recording Equipment ($338k). During the last 5 years the exports of Israel to Gabon have increased at an annualized rate of 40.2%, from $1.08M in 2018 to $5.86M in 2023.

In 2018, Gabon exported $680M to Israel. The main products exported from Gabon to Israel were Crude Petroleum ($680M), Plywood ($221k), and Veneer Sheets ($200k). During the last 5 years the exports of Gabon to Israel have increased at an annualized rate of 359%, from $333k in 2023 to $680M in 2018.

Exports from Israel () to Gabon () (2023)

Exports from Gabon () to Israel () (2023)

Latest Data

Trade between Israel () and Gabon ()

Israel Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Gabon
Top DestinationChina$2.77B

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

In 2023, countries that imported more from Israel than Gabon included United States ($20.3B), China ($7.09B), and Ireland ($4.22B).

In 2023, countries that imported more from Gabon than Israel included Indonesia ($875M), Republic of the Congo ($574M), and Malaysia ($372M).

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

Comparative Advantage Israel - Gabon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Israel had a large net trade with Gabon in the exports of Machines ($3.16M), Chemical Products ($2.12M), and Plastics and Rubbers ($194k).

During 2018, Gabon had a large net trade with Israel in the exports of Mineral Products ($680M), Wood Products ($423k), and Machines ($116k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel Gabon+$167kTelephones

Top Product Potential Gabon Israel+$348kVeneer Sheets

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

About

Historical Data

Bilateral Trade by Products

Exports from Israel () to Gabon () (2023)

Exports from Gabon () to Israel () (2023)

Latest Data

Trade between Israel () and Gabon ()

Israel Exports

Market Competitiveness

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

Comparative Advantage Israel - Gabon

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 Israel () and Gabon () (2023)

Keep Exploring