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2022
Flag → Flag
Exports $54.7MRnk 146 / 223
2022
Flag → Flag
Top Product $5.59MTractors
2022
Flag → Flag
Exports $218MRnk 9 / 118
2022
Flag → Flag
Top Product $125MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 112 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 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

Germany-Gabon Trade: In 2022, Germany exported $54.7M to Gabon. The main products that Germany exported to Gabon were Tractors ($5.59M), Washing and Bottling Machines ($5.45M), and Delivery Trucks ($3.9M). Over the past 5 years the exports of Germany to Gabon have decreased at an annualized rate of 13%, from $109M in 2017 to $54.7M in 2022.

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

Gabon-Germany Trade: In 2022, Gabon exported $218M to Germany. The main products that Gabon exported to Germany were Refined Petroleum ($125M), Crude Petroleum ($89.3M), and Sawn Wood ($1.71M). Over the past 5 years the exports of Gabon to Germany have increased at an annualized rate of 25.5%,  from $22.6M in 2017 to $218M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €2M and imported €7.16M from Gabon, resulting in a negative trade balance of €5.16M. Between August 2023 and August 2024 the exports of Germany have decreased by €-1.44M (-41.8%) from €3.44M to €2M, while imports increased by €6.94M (3.21k%) from €216k to €7.16M.

Trade In August 2024, the top exports of Germany to Gabon were Lorries and special purpose motor vehicles (€628k), Chassis, bodies, engines etc. for motor... (€303k), Other articles of iron, iron sheet,... (€176k), Meat and meat products (€159k), and Measuring and automatical control instruments (€157k). In August 2024 the top imports of Germany from Gabon were Sawn timber (€207k), Other ores and ashes of metals (€35k), and Fish and crustaceans, molluscs (€3k).

Origins In August 2024 the exports of Germany were mainly from Hamburg (€354k), Bavaria (€228k), Lower Saxony (€202k), Bremen (€154k), and Baden-Württemberg (€141k), while imports destinations were mainly Hamburg (€7.15M), Bavaria (€12k), Lower Saxony (€2k), Berlin (€0), and Brandenburg (€0).

Growth In August 2024, the decrease in Germany's year-by-year exports to Gabon was explained primarily by an decrease in product exports in Machinery for electricity production, distribution (€-323k or -89.7%), Machine-tools (€-118k or -71.5%), and Malt (€-115k or -50.2%). In August 2024, the increase in Germany's year-by-year imports  from Gabon was explained primarily by an increase in product imports  in Sawn timber (€176k or 568%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-1.44M(-41.8%)
IMPORT GROWTH (August 2023 - August 2024)€6.94M(3.21k%)
MAIN EXPORTER (August 2024)Hamburg€354k

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Gabon and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Gabon and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $54.7M to Gabon. The main products exported from Germany to Gabon were Tractors ($5.59M), Washing and Bottling Machines ($5.45M), and Delivery Trucks ($3.9M). During the last 5 years the exports of Germany to Gabon have decreased at an annualized rate of 13%, from $109M in 2017 to $54.7M in 2022.

In 2017, Gabon exported $218M to Germany. The main products exported from Gabon to Germany were Refined Petroleum ($125M), Crude Petroleum ($89.3M), and Sawn Wood ($1.71M). During the last 5 years the exports of Gabon to Germany have increased at an annualized rate of 25.5%, from $22.6M in 2022 to $218M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Gabon
Top DestinationChina$3.4B

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

In 2022, countries that imported more from Germany than Gabon included United States ($153B), France ($120B), and Netherlands ($109B).

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

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

Comparative Advantage Germany - Gabon

Flow
Scale

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

During 2022, Germany had a large net trade with Gabon in the exports of Machines ($20.6M), Transportation ($13.2M), and Metals ($5.48M).

During 2017, Gabon had a large net trade with Germany in the exports of Mineral Products ($215M), Wood Products ($2.79M), and Plastics and Rubbers ($329k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Gabon+$2.41MCars
Top Product Potential Gabon Germany+$100MCrude 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 Germany and Gabon. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Germany.

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

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