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

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Gabon-Finland Trade: In 2022, Gabon exported $237k to Finland. The main products that Gabon exported to Finland were Plywood ($221k), Electrical Transformers ($14k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.67k). Over the past 5 years the exports of Gabon to Finland have increased at an annualized rate of 173%, from $1.56k in 2017 to $237k in 2022.

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

Finland-Gabon Trade: In 2022, Finland exported $319k to Gabon. The main products that Finland exported to Gabon were Pulley Systems ($129k), Electrical Control Boards ($64.4k), and Cellulose Fibers Paper ($32.5k). Over the past 5 years the exports of Finland to Gabon have decreased at an annualized rate of 8.01%, from $1.12M in 2017 to $319k in 2022.

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

Comparison: In 2022, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Gabon exported $237k to Finland. The main products exported from Gabon to Finland were Plywood ($221k), Electrical Transformers ($14k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.67k). During the last 5 years the exports of Gabon to Finland have increased at an annualized rate of 173%, from $1.56k in 2017 to $237k in 2022.

In 2017, Finland exported $319k to Gabon. The main products exported from Finland to Gabon were Pulley Systems ($129k), Electrical Control Boards ($64.4k), and Cellulose Fibers Paper ($32.5k). During the last 5 years the exports of Finland to Gabon have decreased at an annualized rate of 8.01%, from $1.12M in 2022 to $319k in 2017.

Exports from Gabon () to Finland () (2022)

Exports from Finland () to Gabon () (2022)

Latest Data

Trade between Gabon () and Finland ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Gabon than Finland included Indonesia ($394M), Malaysia ($299M), and Sao Tome and Principe ($1.73M).

In 2022, countries that imported more from Finland than Gabon included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

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

Comparative Advantage Gabon - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gabon had a large net trade with Finland in the exports of Wood Products ($221k), Machines ($14k), and Transportation ($1.67k).

During 2017, Finland had a large net trade with Gabon in the exports of Machines ($237k), Paper Goods ($35.9k), and Animal Products ($23.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Finland+$143kPlywood

Top Product Potential Finland Gabon+$73.3kExcavation Machinery

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Finland () (2022)

Exports from Finland () to Gabon () (2022)

Latest Data

Trade between Gabon () and Finland ()

Finland Exports

Market Competitiveness

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

Comparative Advantage Gabon - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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