Flag United States / Gabon Flag

Exports FlagFlag  (2018): $77.5M, Rnk 151 / 215

Top Product FlagFlag (2018): $13M, Poultry Meat

Exports FlagFlag (2018): $256M, Rnk 5 / 98

Top Product FlagFlag (2018): $162M, Crude Petroleum

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

Economic Complexity of Flag (2018): ECI -1.35, Rnk 126 / 137

GDP Flag (2018): $20.5T, CURRENT US$
Rnk 1 / 196

GDP GROWTH Flag (2008-2018): 39.6%, CURRENT US$
Rnk 99 / 196

GDP Flag (2018): $16.9B, CURRENT US$
Rnk 120 / 196

GDP GROWTH Flag (2008-2018): 8.67%, CURRENT US$
Rnk 147 / 196

GDP PC Flag (2018): $62,795, CURRENT US$
Rnk 10 / 196

GDP PC GROWTH Flag (2008-2018): 29.8%, CURRENT US$
Rnk 81 / 196

GDP PC Flag (2018): $7,953, CURRENT US$
Rnk 88 / 196

GDP PC GROWTH Flag (2008-2018): -22.1%, CURRENT US$
Rnk 186 / 196

United States-Gabon: In 2018, United States exported $77.5M to Gabon. The main products exported from United States to Gabon were Poultry Meat ($13M), Cars ($7.64M), and Electric Generating Sets ($5.73M). During the last 23 years the exports of United States to Gabon have increased at an annualized rate of 1.69%, from $52.7M in 1995 to $77.5M in 2018.

Gabon-United States: In 2018, Gabon exported $256M to United States. The main products exported from Gabon to United States were Crude Petroleum ($162M), Manganese Ore ($78.6M), and Rubber ($5.56M). During the last 23 years the exports of Gabon to United States have decreased at an annualized rate of 6.98%, from $1.35B in 1995 to $256M in 2018.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, Gabon ranked 126 in the Economic Complexity Index (ECI -1.35), and 108 in total exports ($5.75B). In terms of GDP Per Capita, United States was ranked 10 with a GDP Per Capita of $62,795, and Gabon was ranked 88 with a GDP Per Capita of $7,953.

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, United States exported $77.5M to Gabon. The main products exported from United States to Gabon were Poultry Meat ($13M), Cars ($7.64M), and Electric Generating Sets ($5.73M). During the last 23 years the exports of United States to Gabon have increased at an annualized rate of 1.69%, from $52.7M in 1995 to $77.5M in 2018.

In 2018, Gabon exported $256M to United States. The main products exported from Gabon to United States were Crude Petroleum ($162M), Manganese Ore ($78.6M), and Rubber ($5.56M). During the last 23 years the exports of Gabon to United States have decreased at an annualized rate of 6.98%, from $1.35B in 1995 to $256M in 2018.

Market Competitiveness

#permalink to section
Measure

United States
Top Destination
: Mexico, $237B

Gabon
Top Destination
: China, $2.62B

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

In 2018, countries that imported more from United States than Gabon were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, no countries were registered that imported more from Gabon than from United States.

Comparative Advantage United States - Gabon

#permalink to section
Depth

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

During 2018, United States had a large net trade with Gabon in the exports of Machines ($27.1M), Animal Products ($15.8M), and Transportation ($14.7M).

During 2018, Gabon had a large net trade with United States in the exports of Mineral Products ($241M), Wood Products ($6.62M), and Plastics and Rubbers ($5.56M).

Tariff Section

#permalink to section

This sections shows import tariffs for products traded between United States and Gabon (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Gabon were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2016, the products from Gabon that paid the highest import tariffs to enter United States were Mules and hinnies: live (30%) and Bovine animals, live, except pure-bred breeding (30%).

Explore Tariff Data

*The tariffs present between United States and Gabon are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
346: Preferential treatment under the African Growth and Opportunity Act (AGOA)
346: Preferential treatment under the African Growth and Opportunity Act (AGOA)
388: United States Generalized System of Preference
388: United States Generalized System of Preference

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between United States and Gabon. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Gabon. Similarly, the more red a dot/product is, the more Gabon has comparative advantage over United States.