Finland (FIN) and Gabon (GAB) Trade | The Observatory of Economic Complexity

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Finland-Gabon Trade: In 2023, Finland exported $2.79M to Gabon. The main products that Finland exported to Gabon were Electric Motors ($813k), Low-voltage Protection Equipment ($216k), and Poultry Meat ($210k). Over the past 5 years the exports of Finland to Gabon have increased at an annualized rate of 6.49%, from $2.04M in 2018 to $2.79M in 2023.

In 2023, Finland did not export any services to Gabon.

Gabon-Finland Trade: In 2023, Gabon exported $140k to Finland. The main products that Gabon exported to Finland were Sawn Wood ($140k) and Electrical Power Accessories ($87). Over the past 5 years the exports of Gabon to Finland have increased at an annualized rate of 223%, from $398 in 2018 to $140k in 2023.

In 2023, Gabon did not export any services to Finland.

Comparison: In 2023, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). That same year, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Finland exported $2.79M to Gabon. The main products exported from Finland to Gabon were Electric Motors ($813k), Low-voltage Protection Equipment ($216k), and Poultry Meat ($210k). During the last 5 years the exports of Finland to Gabon have increased at an annualized rate of 6.49%, from $2.04M in 2018 to $2.79M in 2023.

In 2018, Gabon exported $140k to Finland. The main products exported from Gabon to Finland were Sawn Wood ($140k) and Electrical Power Accessories ($87). During the last 5 years the exports of Gabon to Finland have increased at an annualized rate of 223%, from $398 in 2023 to $140k in 2018.

Exports from Finland () to Gabon () (2023)

Exports from Gabon () to Finland () (2023)

Latest Data

Trade between Finland () and Gabon ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

Gabon
Top DestinationChina$2.77B

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

In 2023, countries that imported more from Finland than Gabon included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Gabon than Finland included Republic of the Congo ($574M), Israel ($680M), and Indonesia ($875M).

Difference in imports from Gabon () and Finland () (2023)

Comparative Advantage Finland - Gabon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Gabon in the exports of Machines ($1.97M), Animal Products ($210k), and Instruments ($151k).

During 2018, Gabon had a large net trade with Finland in the exports of Wood Products ($140k) and Machines ($87).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Gabon+$73.3kExcavation Machinery

Top Product Potential Gabon Finland+$143kPlywood

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 Finland and Gabon. This means that a dot/product with the flag of Finland indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Finland.

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Gabon () (2023)

Exports from Gabon () to Finland () (2023)

Latest Data

Trade between Finland () and Gabon ()

Finland Exports

Market Competitiveness

Difference in imports from Gabon () and Finland () (2023)

Comparative Advantage Finland - Gabon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and Gabon () (2023)

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