2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC 
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186

About

Angola-Gabon Trade: In 2022, Angola exported $5.14M to Gabon. The main products that Angola exported to Gabon were Passenger and Cargo Ships ($3M), Excavation Machinery ($589k), and Interchangeable Tool Parts ($292k). Over the past 5 years the exports of Angola to Gabon have decreased at an annualized rate of 15%, from $11.6M in 2017 to $5.14M in 2022.

In 2022, Angola did not export any services to Gabon.

Gabon-Angola Trade: In 2022, Gabon exported $1.75M to Angola. The main products that Gabon exported to Angola were Industrial Fatty Acids, Oils and Alcohols ($506k), Soybean Oil ($318k), and Fishing Ships ($218k). Over the past 5 years the exports of Gabon to Angola have decreased at an annualized rate of 24.6%,  from $16.8M in 2017 to $1.75M in 2022.

In 2022, Gabon did not export any services to Angola.

Comparison: In 2022,  Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). That same year, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Angola exported $5.14M to Gabon. The main products exported from Angola to Gabon were Passenger and Cargo Ships ($3M), Excavation Machinery ($589k), and Interchangeable Tool Parts ($292k). During the last 5 years the exports of Angola to Gabon have decreased at an annualized rate of 15%, from $11.6M in 2017 to $5.14M in 2022.

In 2017, Gabon exported $1.75M to Angola. The main products exported from Gabon to Angola were Industrial Fatty Acids, Oils and Alcohols ($506k), Soybean Oil ($318k), and Fishing Ships ($218k). During the last 5 years the exports of Gabon to Angola have decreased at an annualized rate of 24.6%, from $16.8M in 2022 to $1.75M in 2017.

Exports from Angola (Flag) to Gabon (Flag) (2022)

Exports from Gabon (Flag) to Angola (Flag) (2022)

Latest Data

Trade between Angola (Flag) and Gabon (Flag)

Angola Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Gabon
Top Destination
China$3.4B

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

In 2022, countries that imported more from Angola than Gabon included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

In 2022, countries that imported more from Gabon than Angola included South Korea ($617M), Norway ($168M), and Germany ($218M).

Difference in imports from Gabon (Flag) and Angola (Flag) (2022)

Comparative Advantage Angola - Gabon

Flow
Scale

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

During 2022, Angola had a large net trade with Gabon in the exports of Transportation ($3.05M), Machines ($1.14M), and Metals ($370k).

During 2017, Gabon had a large net trade with Angola in the exports of Chemical Products ($583k), Animal and Vegetable Bi-Products ($421k), and Machines ($310k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Gabon+$2.27kRefined Petroleum
Top Product Potential Gabon Angola+$3.37kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Angola and Gabon. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Angola.

Product Space of Angola (Flag) and Gabon (Flag) (2022)

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