Gabon (GAB) and Peru (PER) Trade | The Observatory of Economic Complexity

About

Gabon-Peru Trade: In 2023, Gabon exported $58k to Peru. The main products that Gabon exported to Peru were Rubber ($57.1k) and Low-voltage Protection Equipment ($903). Over the past 5 years the exports of Gabon to Peru have increased at an annualized rate of 92.7%, from $2.19k in 2018 to $58k in 2023.

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

Peru-Gabon Trade: In 2023, Peru exported $1.2M to Gabon. The main products that Peru exported to Gabon were Iron Pipes ($491k), Iron Pipe Fittings ($198k), and Non-fillet Frozen Fish ($84.7k). Over the past 5 years the exports of Peru to Gabon have decreased at an annualized rate of 23.8%, from $4.65M in 2018 to $1.2M in 2023.

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $58k to Peru. The main products exported from Gabon to Peru were Rubber ($57.1k) and Low-voltage Protection Equipment ($903). During the last 5 years the exports of Gabon to Peru have increased at an annualized rate of 92.7%, from $2.19k in 2018 to $58k in 2023.

In 2018, Peru exported $1.2M to Gabon. The main products exported from Peru to Gabon were Iron Pipes ($491k), Iron Pipe Fittings ($198k), and Non-fillet Frozen Fish ($84.7k). During the last 5 years the exports of Peru to Gabon have decreased at an annualized rate of 23.8%, from $4.65M in 2023 to $1.2M in 2018.

Exports from Gabon () to Peru () (2023)

Exports from Peru () to Gabon () (2023)

Latest Data

Trade between Gabon () and Peru ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Peru
Top DestinationChina$22.5B

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

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

In 2023, countries that imported more from Peru than Gabon included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

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

Comparative Advantage Gabon - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Peru in the exports of Plastics and Rubbers ($57.1k) and Machines ($903).

During 2018, Peru had a large net trade with Gabon in the exports of Metals ($841k), Animal Products ($151k), and Machines ($121k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Peru+$5.58kCrude Petroleum

Top Product Potential Peru Gabon+$2.46kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Gabon and Peru. This means that a dot/product with the flag of Gabon indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over Gabon.

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Peru () (2023)

Exports from Peru () to Gabon () (2023)

Latest Data

Trade between Gabon () and Peru ()

Peru Exports

Market Competitiveness

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

Comparative Advantage Gabon - Peru

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring