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2023
Flag → Flag
Exports $995Rnk 146 / 153
2023
Flag → Flag
Top Product $649Surveying Equipment
2023
Flag → Flag
Exports $5.18MRnk 112 / 137
2023
Flag → Flag
Top Product $824kLiquid Pumps
2023
Flag
Economic Complexity (ECI) ECI -0.62Rnk 92 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag  
GDP$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
 GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC $7,803CURRENT US$
Rnk 100 / 195
2013-2023
Flag
GDP PC GROWTH-15.2%CURRENT US$
Rnk 172 / 195
2023
Flag
GDP PC$13,817CURRENT US$
Rnk 74 / 196
2013-2023
Flag
GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195

About

Gabon-Russia Trade: In 2023, Gabon exported $995 to Russia. The main products that Gabon exported to Russia were Surveying Equipment ($649), Insulated Wire ($335), and Copper Bars ($11). Over the past 6 years the exports of Gabon to Russia have decreased at an annualized rate of 83.4%, from $48.3M in 2017 to $995 in 2023.

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

Russia-Gabon Trade: In 2023, Russia exported $5.18M to Gabon. The main products that Russia exported to Gabon were Liquid Pumps ($824k), Malt ($804k), and Electric Motors ($703k). Over the past 6 years the exports of Russia to Gabon have decreased at an annualized rate of 7.54%,  from $8.96M in 2017 to $5.18M in 2023.

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 2023,  Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gabon exported $995 to Russia. The main products exported from Gabon to Russia were Surveying Equipment ($649), Insulated Wire ($335), and Copper Bars ($11). During the last 6 years the exports of Gabon to Russia have decreased at an annualized rate of 83.4%, from $48.3M in 2017 to $995 in 2023.

In 2018, Russia exported $5.18M to Gabon. The main products exported from Russia to Gabon were Liquid Pumps ($824k), Malt ($804k), and Electric Motors ($703k). During the last 5 years the exports of Russia to Gabon have decreased at an annualized rate of 7.54%, from $8.96M in 2023 to $5.18M in 2018.

Exports from Gabon (Flag) to Russia (Flag) (2023)

Exports from Russia (Flag) to Gabon (Flag) (2023)

Latest Data

Trade between Gabon (Flag) and Russia (Flag)

Russia Exports

Market Competitiveness

Color
Gabon
Top DestinationChina$2.77B
Russia
Top DestinationChina$129B

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 2023, countries that imported more from Gabon than Russia included Republic of the Congo ($574M), Cameroon ($113M), and Marshall Islands ($72.9M).

In 2023, countries that imported more from Russia than Gabon included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia (Flag) and Gabon (Flag) (2023)

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 2023, Gabon had a large net trade with Russia in the exports of Instruments ($649), Machines ($335), and Metals ($11).

During 2018, Russia had a large net trade with Gabon in the exports of Machines ($3.29M), Vegetable Products ($805k), and Animal Products ($416k).

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) (2023)

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