Gabon (GAB) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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Gabon-Singapore Trade: In 2023, Gabon exported $210M to Singapore. The main products that Gabon exported to Singapore were Crude Petroleum ($156M), Refined Petroleum ($53M), and Iron Pipes ($1.12M). Over the past 5 years the exports of Gabon to Singapore have increased at an annualized rate of 26.7%, from $64.4M in 2018 to $210M in 2023.

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

Singapore-Gabon Trade: In 2023, Singapore exported $112M to Gabon. The main products that Singapore exported to Gabon were Special Purpose Ships ($78.1M), Passenger and Cargo Ships ($7.02M), and Refined Petroleum ($4.39M). Over the past 5 years the exports of Singapore to Gabon have decreased at an annualized rate of 3.43%, from $147M in 2018 to $112M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $210M to Singapore. The main products exported from Gabon to Singapore were Crude Petroleum ($156M), Refined Petroleum ($53M), and Iron Pipes ($1.12M). During the last 5 years the exports of Gabon to Singapore have increased at an annualized rate of 26.7%, from $64.4M in 2018 to $210M in 2023.

In 2018, Singapore exported $112M to Gabon. The main products exported from Singapore to Gabon were Special Purpose Ships ($78.1M), Passenger and Cargo Ships ($7.02M), and Refined Petroleum ($4.39M). During the last 5 years the exports of Singapore to Gabon have decreased at an annualized rate of 3.43%, from $147M in 2023 to $112M in 2018.

Exports from Gabon () to Singapore () (2023)

Exports from Singapore () to Gabon () (2023)

Latest Data

Trade between Gabon () and Singapore ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Singapore
Top DestinationHong Kong$44.5B

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

In 2023, countries that imported more from Gabon than Singapore included Republic of the Congo ($574M), Spain ($739M), and Israel ($680M).

In 2023, countries that imported more from Singapore than Gabon included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Gabon - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Singapore in the exports of Mineral Products ($209M), Metals ($1.26M), and Machines ($95.1k).

During 2018, Singapore had a large net trade with Gabon in the exports of Transportation ($85.2M), Machines ($12M), and Metals ($4.77M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Singapore+$42.9MCrude Petroleum

Top Product Potential Singapore Gabon+$1.05MRefined 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 Singapore. This means that a dot/product with the flag of Gabon indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore indicates it has a comparative advantage over Gabon.

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Singapore () (2023)

Exports from Singapore () to Gabon () (2023)

Latest Data

Trade between Gabon () and Singapore ()

Singapore Exports

Market Competitiveness

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

Comparative Advantage Gabon - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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