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2021
Flag → Flag
Exports $15.1MRnk 56 / 0
2021
Flag → Flag
Exports $46.3MRnk 123 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 112 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH-5.65%CURRENT US$
Rnk 156 / 186

About

Russia-Gabon Trade: In 2021, Russia exported $15.1M to Gabon. The main products that Russia exported to Gabon were N/A. Over the past 5 years the exports of Russia to Gabon have increased at an annualized rate of 62.1%, from $1.35M in 2016 to $15.1M in 2021.

In 2020, Russia exported services to Gabon worth $54k, with Other business services ($37k), Financial services ($12k), and Communications services ($3k) being the largest in terms of value.

Gabon-Russia Trade: In 2021, Gabon exported $46.3M to Russia. The main products that Gabon exported to Russia were N/A. Over the past 5 years the exports of Gabon to Russia have increased at an annualized rate of 9.61%,  from $29.3M in 2016 to $46.3M in 2021.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $592k and imported $3.47M from Gabon, resulting in a negative trade balance of $2.88M. Between January 2021 and January 2022 the exports of Russia have increased by $578k (4.13k%) from $14k to $592k, while imports decreased by $-308 (-0.0089%) from $3.47M to $3.47M.

Trade In January 2022, the top exports of Russia to Gabon were Liquid Pumps ($10.9k), Air Pumps ($2.89k), and Other Plastic Products ($173). In January 2022 the top imports of Russia from Gabon were Manganese Ore ($3.47M) and Iron Fasteners ($11.3).

Origins In January 2022 the exports of Russia were mainly from PENZA REGION ($264k), STAVROPOL TERRITORY ($246k), LIPETSK REGION ($43.9k), MOSCOW REGION ($36.9k), and MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($606), while imports destinations were mainly CHELYABINSK REGION ($3.46M) and MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($9.84k).

Growth In January 2022, the increase in Russia's year-by-year exports to Gabon was explained primarily by an increase in product exports in . In January 2022, the decrease in Russia's year-by-year imports  from Gabon was explained primarily by an decrease in product imports  in Manganese Ore ($-5.95M or -63.2%) and Iron Fasteners ($-41.7 or -78.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$578k(4.13k%)
IMPORT GROWTH (January 2021 - January 2022)$-308(-0.0089%)
MAIN EXPORTER (January 2022)PENZA REGION$264k

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

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

For full datasets download visit Bulk Download page.

Explore Gabon and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Russia exported $15.1M to Gabon. There were not main exports from Russia to Gabon in 2021. During the last 5 years the exports of Russia to Gabon have increased at an annualized rate of 62.1%, from $1.35M in 2016 to $15.1M in 2021.

In 2016, Gabon exported $46.3M to Russia. There were not main exports from Gabon to Russia in 2016. During the last 5 years the exports of Gabon to Russia have increased at an annualized rate of 9.61%, from $29.3M in 2021 to $46.3M in 2016.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Gabon
Top DestinationChina$3.4B

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

In 2022, countries that imported more from Russia than Gabon included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Gabon than Russia included Sao Tome and Principe ($1.73M), Madagascar ($2.02M), and Antigua and Barbuda ($173k).

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

Comparative Advantage Russia - Gabon

Flow
Scale

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

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

During 2016, Gabon had a large net trade with Russia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Gabon+$4.27kRefined Petroleum
Top Product Potential Gabon Russia+$3.78kRefined 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 Russia and Gabon. This means that a dot/product with the flag of Russia indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Russia.

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

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