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Pricing

2023
Flag → Flag
Exports $5.18MRnk 112 / 137
2023
Flag → Flag
Top Product $824kLiquid Pumps
2023
Flag → Flag
Exports $995Rnk 146 / 153
2023
Flag → Flag
Top Product $649Surveying Equipment
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.62Rnk 92 / 132
2023
Flag  
GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 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 $13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 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

Russia-Gabon Trade: In 2023, Russia exported $5.18M to Gabon. The main products that Russia exported to Gabon were Liquid Pumps ($824k), Malt ($804k), and Electric Motors ($703k). Over the past 5 years the exports of Russia to Gabon have decreased at an annualized rate of 10.4%, from $8.96M in 2018 to $5.18M in 2023.

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 2023, Gabon exported $995 to Russia. The main products that Gabon exported to Russia were Surveying Equipment ($649), Insulated Wire ($335), and Copper Bars ($11). Over the past 5 years the exports of Gabon to Russia have decreased at an annualized rate of 76.6%,  from $112M in 2018 to $995 in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

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 2023, Russia exported $5.18M to Gabon. The main products exported from Russia to Gabon were Liquid Pumps ($824k), Malt ($804k), and Electric Motors ($703k). During the last 5 years the exports of Russia to Gabon have decreased at an annualized rate of 10.4%, from $8.96M in 2018 to $5.18M in 2023.

In 2018, Gabon exported $995 to Russia. The main products exported from Gabon to Russia were Surveying Equipment ($649), Insulated Wire ($335), and Copper Bars ($11). During the last 5 years the exports of Gabon to Russia have decreased at an annualized rate of 76.6%, from $112M in 2023 to $995 in 2018.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$129B
Gabon
Top DestinationChina$2.77B

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 2023, countries that imported more from Russia than Gabon included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Gabon than Russia included Republic of the Congo ($574M), Cameroon ($113M), and Marshall Islands ($72.9M).

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

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 2023, Russia had a large net trade with Gabon in the exports of Machines ($3.29M), Vegetable Products ($805k), and Animal Products ($416k).

During 2018, Gabon had a large net trade with Russia in the exports of Instruments ($649), Machines ($335), and Metals ($11).

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) (2023)

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