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Overview In 2021, Gabon was the number 114 economy in the world in terms of GDP (current US$), the number 115 in total exports, the number 161 in total imports, the number 94 economy in terms of GDP per capita (current US$) and the number 123 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Gabon are Crude Petroleum ($3.61B), Manganese Ore ($1.34B), Sawn Wood ($290M), Veneer Sheets ($244M), and Refined Petroleum ($128M), exporting mostly to China ($2.24B), India ($871M), South Korea ($520M), Indonesia ($270M), and Netherlands ($238M).

Imports The top imports of Gabon are Poultry Meat ($94.9M), Packaged Medicaments ($59.7M), Passenger and Cargo Ships ($58M), Rice ($52.4M), and Cars ($49.6M), importing mostly from France ($471M), China ($436M), United Arab Emirates ($116M), Republic of the Congo ($94M), and United States ($93.5M).

Location Gabon borders Cameroon, Republic of the Congo, and Equatorial Guinea by land and Sao Tome and Principe by sea.

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Gabon.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2021)Crude Petroleum$3.61B
Top Destination (2021)China$2.24B

In 2021, Gabon exported a total of $5.94B, making it the number 115 exporter in the world. During the last five reported years the exports of Gabon have changed by $1.64B from $4.3B in 2016 to $5.94B in 2021.

The most recent exports are led by Crude Petroleum ($3.61B), Manganese Ore ($1.34B), Sawn Wood ($290M), Veneer Sheets ($244M), and Refined Petroleum ($128M). The most common destination for the exports of Gabon are China ($2.24B), India ($871M), South Korea ($520M), Indonesia ($270M), and Netherlands ($238M).

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Exports (2021)
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Destinations (2021)
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Market Growth

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Fastest Growing Export Markets (2020 - 2021)
India$590M (+ 210%)
South Korea$377M (+ 263%)
Indonesia$257M (+ 1.89k%)
Fastest Growing Import Markets (2020 - 2021)
United Arab Emirates$33.6M (+ 40.8%)
France$22M (+ 4.89%)
China$20.8M (+ 5%)

Total Export Growth by Market (2020 - 2021)

Service Trade

Service Trade

Gabon Exports Services (2017)$200M
Gabon Imports Services (2017)$1.5B

In 2017, Gabon exported $200M worth of services. The top services exported by Gabon in 2017 were Miscellaneous business, professional, and technical services ($80.5M), Personal travel ($61.4M), Sea transport ($27.4M), Air transport ($8.58M), and Financial services ($5.05M).

The top services imported by Gabon in 2017 were Sea transport ($518M), Miscellaneous business, professional, and technical services ($481M), Personal travel ($290M), Air transport ($79.8M), and Telecommunications services ($74.7M).

Service Exports (2017)

Service Imports (2017)

Economic Complexity

Overview

Economic Complexity (Trade)-1.41Rank 123 of 131
Economic Complexity (Research)-0.76Rank 109 of 140

Most Specialized Products by RCA Index

Gabon has a high level of specialization in Manganese Ore (692), Veneer Sheets (181), Collector's Items (25.5), Sawn Wood (18.3), and Crude Petroleum (13.4). Specialization is measured using RCA, an index that takes the ratio between Gabon observed and expected exports in each product.

Most Complex Products by PCI

Export Opportunities by Relatedness

The top export opportunities for Gabon according to the relatedness index, were Cocoa Beans (0.05), Gold (0.04), Tin Ores (0.04), Cobalt Ore (0.036), and Petroleum Gas (0.035). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Gabon is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Gabon. These are products that tend to be co-exported with the products that Gabon exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Gabon's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨93rd to the 123rd⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

Explore Rankings

ECI (Trade) Ranking by Country

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