Refined Petroleum in Gabon 2021 Exports | Imports : $128M | $35.2M, World Rnk 92 / 218 Rnk 5 / 495 | World Rnk 191 / 226 Rnk 8 / 993
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $24.4M | $4.17M, Belgium | Senegal
2021 ECONOMIC COMPLEXITY of Gabon: -1.41, Rnk 123 / 131
2021 PRODUCT COMPLEXITY IN Refined Petroleum: -0.92, Rnk 817 / 1029
Exports In 2021, Gabon exported $128M in Refined Petroleum, making it the 92nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most exported product in Gabon. The main destination of Refined Petroleum exports from Gabon are: Germany ($45.4M), Belgium ($35.6M), Singapore ($23.2M), Netherlands ($11.5M), and United States ($6.39M).
The fastest growing export markets for Refined Petroleum of Gabon between 2020 and 2021 were Belgium ($24.4M), Germany ($20.1M), and Singapore ($15.9M).
Imports In 2021, Gabon imported $35.2M in Refined Petroleum, becoming the 191st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 8th most imported product in Gabon. Gabon imports Refined Petroleum primarily from: France ($9.04M), Senegal ($7.39M), Spain ($4.38M), United Arab Emirates ($3.54M), and Netherlands ($3.24M).
The fastest growing import markets in Refined Petroleum for Gabon between 2020 and 2021 were Senegal ($4.17M), France ($4.09M), and Spain ($2.27M).
Tariffs In 2016, the average tariff for Gabon in Refined Petroleum was 9.81%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatment, 10%), Burundi (Most Favoured Nation duty rate treatment, 10%), Benin (Most Favoured Nation duty rate treatment, 10%), Burkina Faso (Most Favoured Nation duty rate treatment, 10%), and Botswana (Most Favoured Nation duty rate treatment, 10%).
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 Refined Petroleum. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2021): $128M
IMPORTS (2021): $35.2M
NET TRADE (2021): $92.9M
In 2021, Gabon exported $128M in Refined Petroleum. The main destinations of Gabon exports on Refined Petroleum were Germany ($45.4M), Belgium ($35.6M), Singapore ($23.2M), Netherlands ($11.5M), and United States ($6.39M).
In 2021, Gabon imported $35.2M in Refined Petroleum, mainly from France ($9.04M), Senegal ($7.39M), Spain ($4.38M), United Arab Emirates ($3.54M), and Netherlands ($3.24M).
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Gabon WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Gabon WERE (2020 - 2021):
In 2021, Gabon's main exporting competitors in Refined Petroleum were:
In 2021, Gabon's main importing competitors in Refined Petroleum were:
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