Gabon (GAB) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Gabon-Portugal Trade: In 2022, Gabon exported $127M to Portugal. The main products that Gabon exported to Portugal were Crude Petroleum ($108M), Gold ($9.91M), and Ferroalloys ($5.43M). Over the past 5 years the exports of Gabon to Portugal have increased at an annualized rate of 105%, from $3.46M in 2017 to $127M in 2022.

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

Portugal-Gabon Trade: In 2022, Portugal exported $10.9M to Gabon. The main products that Portugal exported to Gabon were Nonaqueous Paints ($1.74M), Iron Blocks ($1.42M), and Poultry Meat ($1.16M). Over the past 5 years the exports of Portugal to Gabon have decreased at an annualized rate of 1.81%, from $11.9M in 2017 to $10.9M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Gabon exported $127M to Portugal. The main products exported from Gabon to Portugal were Crude Petroleum ($108M), Gold ($9.91M), and Ferroalloys ($5.43M). During the last 5 years the exports of Gabon to Portugal have increased at an annualized rate of 105%, from $3.46M in 2017 to $127M in 2022.

In 2017, Portugal exported $10.9M to Gabon. The main products exported from Portugal to Gabon were Nonaqueous Paints ($1.74M), Iron Blocks ($1.42M), and Poultry Meat ($1.16M). During the last 5 years the exports of Portugal to Gabon have decreased at an annualized rate of 1.81%, from $11.9M in 2022 to $10.9M in 2017.

Exports from Gabon () to Portugal () (2022)

Exports from Portugal () to Gabon () (2022)

Latest Data

Trade between Gabon () and Portugal ()

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Gabon than Portugal included China ($3.4B), Indonesia ($394M), and India ($527M).

In 2022, countries that imported more from Portugal than Gabon included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Gabon - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gabon had a large net trade with Portugal in the exports of Mineral Products ($108M), Precious Metals ($9.91M), and Metals ($5.43M).

During 2017, Portugal had a large net trade with Gabon in the exports of Chemical Products ($3.08M), Metals ($2.04M), and Machines ($1.44M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Portugal+$17.4MCrude Petroleum

Top Product Potential Portugal Gabon+$249kCentrifuges

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Portugal () (2022)

Exports from Portugal () to Gabon () (2022)

Latest Data

Trade between Gabon () and Portugal ()

Portugal Exports

Market Competitiveness

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

Comparative Advantage Gabon - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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