2023
Exports
$7.17MWorld Rnk 81 / 221
Flag Rnk 28 / 717
2023
PRODUCT COMPLEXITY IN Excavation Machinery
1.14Rnk 128 / 1025
2023
Imports
$56.4MWorld Rnk 98 / 224
Flag Rnk 11 / 1091
2023
ECONOMIC COMPLEXITY of Gabon
-0.62Rnk 92 / 132

About

Exports In 2023, Gabon exported $7.17M in Excavation Machinery, making it the 81st largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 28th most exported product in Gabon. The main destination of Excavation Machinery exports from Gabon are: United States ($2.87M), Republic of the Congo ($1.43M), Angola ($478k), Democratic Republic of the Congo ($447k), and Belgium ($394k).

The fastest growing export markets for Excavation Machinery of Gabon between 2022 and 2023 were United States ($1.74M), Angola ($463k), and Democratic Republic of the Congo ($447k).

Imports In 2023, Gabon imported $56.4M in Excavation Machinery, becoming the 98th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 11th most imported product in Gabon. Gabon imports Excavation Machinery primarily from: China ($15.7M), United States ($10.6M), France ($10.2M), United Kingdom ($2.18M), and Canada ($2.09M).

The fastest growing import markets in Excavation Machinery for Gabon between 2022 and 2023 were Australia ($1.28M), Sweden ($642k), and India ($280k).

Latest Trends

Dec 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 (2023)$7.17M
IMPORTS (2023)$56.4M
NET TRADE (2023)-$49.2M

In 2023, Gabon exported $7.17M in Excavation Machinery. The main destinations of Gabon exports on Excavation Machinery were United States ($2.87M), Republic of the Congo ($1.43M), Angola ($478k), Democratic Republic of the Congo ($447k), and Belgium ($394k).

In 2023, Gabon imported $56.4M in Excavation Machinery, mainly from China ($15.7M), United States ($10.6M), France ($10.2M), United Kingdom ($2.18M), and Canada ($2.09M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Gabon WERE (2022 - 2023):
United States$1.74M (155%)
Angola$463k (3.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Gabon WERE (2022 - 2023):
Cameroon-$2.29M (-98.7%)
United Arab Emirates-$1.01M (-81.9%)
United Kingdom-$763k (-93.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Gabon's main exporting competitors in Excavation Machinery were:
In 2023, Gabon's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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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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