Gabon (GAB) and Equatorial Guinea (GNQ) Trade | The Observatory of Economic Complexity

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Gabon-Equatorial Guinea Trade: In 2021, Gabon exported $230M to Equatorial Guinea. The main products that Gabon exported to Equatorial Guinea were N/A. Over the past 5 years the exports of Gabon to Equatorial Guinea have increased at an annualized rate of 192%, from $1.09M in 2016 to $230M in 2021.

In 2021, Gabon did not export any services to Equatorial Guinea.

Equatorial Guinea-Gabon Trade: In 2021, Equatorial Guinea exported $3.04M to Gabon. The main products that Equatorial Guinea exported to Gabon were N/A. Over the past 5 years the exports of Equatorial Guinea to Gabon have increased at an annualized rate of 101%, from $93.6k in 2016 to $3.04M in 2021.

In 2021, Equatorial Guinea 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, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Gabon exported $230M to Equatorial Guinea. There were not main exports from Gabon to Equatorial Guinea in 2021. During the last 5 years the exports of Gabon to Equatorial Guinea have increased at an annualized rate of 192%, from $1.09M in 2016 to $230M in 2021.

In 2016, Equatorial Guinea exported $3.04M to Gabon. There were not main exports from Equatorial Guinea to Gabon in 2016. During the last 20 years the exports of Equatorial Guinea to Gabon have increased at an annualized rate of 101%, from $93.6k in 1996 to $3.04M in 2016.

Exports from Gabon () to Equatorial Guinea () (2021)

Exports from Equatorial Guinea () to Gabon () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Equatorial Guinea
Top DestinationZambia$1.84B

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

In 2022, countries that imported more from Gabon than Equatorial Guinea included China ($3.4B), Malaysia ($299M), and Indonesia ($394M).

In 2022, countries that imported more from Equatorial Guinea than Gabon included Zambia ($1.84B), Spain ($1.32B), and Chile ($413M).

Difference in imports from Equatorial Guinea () and Gabon () (2022)

Comparative Advantage Gabon - Equatorial Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Gabon had a large net trade with Equatorial Guinea in the exports of .

During 2016, Equatorial Guinea had a large net trade with Gabon in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Equatorial Guinea+$2.1kFerroalloys

Top Product Potential Equatorial Guinea Gabon+$2.34kPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Equatorial Guinea () (2021)

Exports from Equatorial Guinea () to Gabon () (2021)

Market Competitiveness

Difference in imports from Equatorial Guinea () and Gabon () (2022)

Comparative Advantage Gabon - Equatorial Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Equatorial Guinea () (2021)

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