2022
Exports
$154kWorld Rnk 163 / 221
Flag Rnk 71 / 505
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$62.7MWorld Rnk 86 / 224
Flag Rnk 2 / 1001
2022
ECONOMIC COMPLEXITY of Gabon
-0.99Rnk 112 / 133

About

Exports In 2022, Gabon exported $154k in Excavation Machinery, making it the 163rd largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 71st most exported product in Gabon. The main destination of Excavation Machinery exports from Gabon are: Netherlands ($57.1k), Poland ($24.3k), Singapore ($23.2k), Angola ($14.5k), and Nigeria ($12.5k).

The fastest growing export markets for Excavation Machinery of Gabon between 2021 and 2022 were Singapore ($15.1k), Kuwait ($7.2k), and Madagascar ($2.07k).

Imports In 2022, Gabon imported $62.7M in Excavation Machinery, becoming the 86th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 2nd most imported product in Gabon. Gabon imports Excavation Machinery primarily from: United States ($19.6M), China ($7.84M), France ($6.96M), United Arab Emirates ($6.65M), and Canada ($6.24M).

The fastest growing import markets in Excavation Machinery for Gabon between 2021 and 2022 were United States ($12.5M), Canada ($5.65M), and United Arab Emirates ($5.31M).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Excavation Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$154k
IMPORTS (2022)$62.7M
NET TRADE (2022)-$62.6M

In 2022, Gabon exported $154k in Excavation Machinery. The main destinations of Gabon exports on Excavation Machinery were Netherlands ($57.1k), Poland ($24.3k), Singapore ($23.2k), Angola ($14.5k), and Nigeria ($12.5k).

In 2022, Gabon imported $62.7M in Excavation Machinery, mainly from United States ($19.6M), China ($7.84M), France ($6.96M), United Arab Emirates ($6.65M), and Canada ($6.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Gabon WERE (2021 - 2022):
Singapore$15.1k (188%)
Kuwait$7.2k (1%)
Madagascar$2.07k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Gabon WERE (2021 - 2022):
Republic of the Congo-$13.3M (-100%)
Cameroon-$5.14M (-100%)
United Kingdom-$1.78M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Gabon's main exporting competitors in Excavation Machinery were:
In 2022, Gabon's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALNetherlands+ $47.6k
TOP IMPORT POTENTIALChina+ $4.64M

Excavation Machinery’s highest export potential is Netherlands. With an export gap of $47.6k.   Excavation Machinery’s highest import potential is China with an import gap of $4.64M.

See methodology.

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