2022
Flag  
GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Gabon-Russia Trade: In 2021, Gabon exported $46.3M to Russia. The main products that Gabon exported to Russia were N/A. Over the past 5 years the exports of Gabon to Russia have increased at an annualized rate of 9.61%, from $29.3M in 2016 to $46.3M in 2021.

In 2021, Gabon did not export any services to Russia.

Russia-Gabon Trade: In 2021, Russia exported $15.1M to Gabon. The main products that Russia exported to Gabon were N/A. Over the past 5 years the exports of Russia to Gabon have increased at an annualized rate of 62.1%,  from $1.35M in 2016 to $15.1M in 2021.

In 2020, Russia exported services to Gabon worth $54k, with Other business services ($37k), Financial services ($12k), and Communications services ($3k) being the largest in terms of value.

Comparison: In 2022,  Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Gabon exported $46.3M to Russia. There were not main exports from Gabon to Russia in 2021. During the last 5 years the exports of Gabon to Russia have increased at an annualized rate of 9.61%, from $29.3M in 2016 to $46.3M in 2021.

In 2016, Russia exported $15.1M to Gabon. There were not main exports from Russia to Gabon in 2016. During the last 5 years the exports of Russia to Gabon have increased at an annualized rate of 62.1%, from $1.35M in 2021 to $15.1M in 2016.

Exports from Gabon (Flag) to Russia (Flag) (2021)

Exports from Russia (Flag) to Gabon (Flag) (2021)

Latest Data

Trade between Gabon (Flag) and Russia (Flag)

Russia Exports

Market Competitiveness

Color
Gabon
Top Destination
China$3.4B
Russia
Top Destination
China$101B

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

In 2022, countries that imported more from Gabon than Russia included Sao Tome and Principe ($1.73M), Madagascar ($2.02M), and Antigua and Barbuda ($173k).

In 2022, countries that imported more from Russia than Gabon included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia (Flag) and Gabon (Flag) (2022)

Comparative Advantage Gabon - Russia

Flow
Scale

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

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gabon Russia+$3.78kRefined Petroleum
Top Product Potential Russia Gabon+$4.27kRefined 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.

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Bilateral Service Trade

In 2020, Russia exported services to Gabon worth $54k, with Other business services ($37k), Financial services ($12k), and Communications services ($3k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Gabon (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Gabon (Flag) and Russia (Flag) (2021)

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