Gabon (GAB) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Gabon-Saudi Arabia Trade: In 2023, Gabon exported $6.83M to Saudi Arabia. The main products that Gabon exported to Saudi Arabia were Sawn Wood ($5.6M), Veneer Sheets ($370k), and Wood Fiberboard ($254k). Over the past 5 years the exports of Gabon to Saudi Arabia have increased at an annualized rate of 6.11%, from $5.08M in 2018 to $6.83M in 2023.

In 2023, Gabon did not export any services to Saudi Arabia.

Saudi Arabia-Gabon Trade: In 2023, Saudi Arabia exported $58.9M to Gabon. The main products that Saudi Arabia exported to Gabon were Refined Petroleum ($52.6M), Ethylene Polymers ($1.78M), and Cement ($1.7M). Over the past 5 years the exports of Saudi Arabia to Gabon have increased at an annualized rate of 52.8%, from $7.07M in 2018 to $58.9M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $6.83M to Saudi Arabia. The main products exported from Gabon to Saudi Arabia were Sawn Wood ($5.6M), Veneer Sheets ($370k), and Wood Fiberboard ($254k). During the last 5 years the exports of Gabon to Saudi Arabia have increased at an annualized rate of 6.11%, from $5.08M in 2018 to $6.83M in 2023.

In 2018, Saudi Arabia exported $58.9M to Gabon. The main products exported from Saudi Arabia to Gabon were Refined Petroleum ($52.6M), Ethylene Polymers ($1.78M), and Cement ($1.7M). During the last 5 years the exports of Saudi Arabia to Gabon have increased at an annualized rate of 52.8%, from $7.07M in 2023 to $58.9M in 2018.

Exports from Gabon () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Gabon () (2023)

Latest Data

Trade between Gabon () and Saudi Arabia ()

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Gabon than Saudi Arabia included Israel ($680M), Republic of the Congo ($574M), and Norway ($138M).

In 2023, countries that imported more from Saudi Arabia than Gabon included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia () and Gabon () (2023)

Comparative Advantage Gabon - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Saudi Arabia in the exports of Wood Products ($6.61M), Metals ($203k), and Machines ($11k).

During 2018, Saudi Arabia had a large net trade with Gabon in the exports of Mineral Products ($54.3M), Plastics and Rubbers ($2.11M), and Stone And Glass ($788k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Saudi Arabia+$5.5kCrude Petroleum

Top Product Potential Saudi Arabia Gabon+$3.76kRefined 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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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Saudi Arabia () (2023)

Exports from Saudi Arabia () to Gabon () (2023)

Latest Data

Trade between Gabon () and Saudi Arabia ()

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Gabon () (2023)

Comparative Advantage Gabon - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Saudi Arabia () (2023)

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