Gabon (GAB) and Oman (OMN) Trade | The Observatory of Economic Complexity

About

Gabon-Oman Trade: In 2023, Gabon exported $28.2k to Oman. The main products that Gabon exported to Oman were Sawn Wood ($11.9k), Machinery Having Individual Functions ($8.96k), and Excavation Machinery ($6.39k). Over the past 5 years the exports of Gabon to Oman have decreased at an annualized rate of 58.7%, from $2.35M in 2018 to $28.2k in 2023.

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

Oman-Gabon Trade: In 2023, Oman exported $3.23M to Gabon. The main products that Oman exported to Gabon were Electrical Transformers ($1.43M), Concentrated Milk ($745k), and Packaged Medicaments ($486k). Over the past 5 years the exports of Oman to Gabon have increased at an annualized rate of 18.6%, from $1.37M in 2018 to $3.23M in 2023.

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

Comparison: In 2023, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B). That same year, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $28.2k to Oman. The main products exported from Gabon to Oman were Sawn Wood ($11.9k), Machinery Having Individual Functions ($8.96k), and Excavation Machinery ($6.39k). During the last 5 years the exports of Gabon to Oman have decreased at an annualized rate of 58.7%, from $2.35M in 2018 to $28.2k in 2023.

In 2018, Oman exported $3.23M to Gabon. The main products exported from Oman to Gabon were Electrical Transformers ($1.43M), Concentrated Milk ($745k), and Packaged Medicaments ($486k). During the last 5 years the exports of Oman to Gabon have increased at an annualized rate of 18.6%, from $1.37M in 2023 to $3.23M in 2018.

Exports from Gabon () to Oman () (2023)

Exports from Oman () to Gabon () (2023)

Latest Data

Trade between Gabon () and Oman ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Oman
Top DestinationChina$30.2B

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

In 2023, countries that imported more from Gabon than Oman included Israel ($680M), Republic of the Congo ($574M), and Spain ($739M).

In 2023, countries that imported more from Oman than Gabon included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage Gabon - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Oman in the exports of Machines ($15.3k), Wood Products ($11.9k), and Metals ($939).

During 2018, Oman had a large net trade with Gabon in the exports of Machines ($1.45M), Chemical Products ($915k), and Animal Products ($745k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Oman+$224kSawn Wood

Top Product Potential Oman Gabon+$72.2kConcentrated Milk

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Oman () (2023)

Exports from Oman () to Gabon () (2023)

Latest Data

Trade between Gabon () and Oman ()

Oman Exports

Market Competitiveness

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

Comparative Advantage Gabon - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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