Austria (AUT) and Gabon (GAB) Trade | The Observatory of Economic Complexity

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Austria-Gabon Trade: In 2022, Austria exported $1.93M to Gabon. The main products that Austria exported to Gabon were Flavored Water ($566k), Gas and Liquid Flow Measuring Instruments ($271k), and Electric Batteries ($153k). Over the past 5 years the exports of Austria to Gabon have decreased at an annualized rate of 13.4%, from $3.96M in 2017 to $1.93M in 2022.

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

Gabon-Austria Trade: In 2022, Gabon exported $108k to Austria. The main products that Gabon exported to Austria were Engine Parts ($46.6k), Sawn Wood ($38.9k), and Veneer Sheets ($14k). Over the past 5 years the exports of Gabon to Austria have decreased at an annualized rate of 20.6%, from $428k in 2017 to $108k in 2022.

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

Comparison: In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $1.93M to Gabon. The main products exported from Austria to Gabon were Flavored Water ($566k), Gas and Liquid Flow Measuring Instruments ($271k), and Electric Batteries ($153k). During the last 5 years the exports of Austria to Gabon have decreased at an annualized rate of 13.4%, from $3.96M in 2017 to $1.93M in 2022.

In 2017, Gabon exported $108k to Austria. The main products exported from Gabon to Austria were Engine Parts ($46.6k), Sawn Wood ($38.9k), and Veneer Sheets ($14k). During the last 5 years the exports of Gabon to Austria have decreased at an annualized rate of 20.6%, from $428k in 2022 to $108k in 2017.

Exports from Austria () to Gabon () (2022)

Exports from Gabon () to Austria () (2022)

Latest Data

Trade between Austria () and Gabon ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Gabon
Top DestinationChina$3.4B

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

In 2022, countries that imported more from Austria than Gabon included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Gabon than Austria included Indonesia ($394M) and Sao Tome and Principe ($1.73M).

Difference in imports from Gabon () and Austria () (2022)

Comparative Advantage Austria - Gabon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Gabon in the exports of Foodstuffs ($703k), Machines ($370k), and Instruments ($301k).

During 2017, Gabon had a large net trade with Austria in the exports of Wood Products ($52.9k), Machines ($49.6k), and Miscellaneous ($1.57k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Gabon+$348kPackaged Medicaments

Top Product Potential Gabon Austria+$181kSawn Wood

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Gabon () (2022)

Exports from Gabon () to Austria () (2022)

Latest Data

Trade between Austria () and Gabon ()

Austria Exports

Market Competitiveness

Difference in imports from Gabon () and Austria () (2022)

Comparative Advantage Austria - Gabon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Gabon () (2022)

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