Gabon (GAB) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Gabon-Thailand Trade: In 2023, Gabon exported $272M to Thailand. The main products that Gabon exported to Thailand were Crude Petroleum ($271M), Veneer Sheets ($303k), and Recovered Paper ($19k). Over the past 5 years the exports of Gabon to Thailand have increased at an annualized rate of 32.9%, from $65.6M in 2018 to $272M in 2023.

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

Thailand-Gabon Trade: In 2023, Thailand exported $53.3M to Gabon. The main products that Thailand exported to Gabon were Cars ($27.6M), Rice ($12.9M), and Uncoated Paper ($2.05M). Over the past 5 years the exports of Thailand to Gabon have decreased at an annualized rate of 0.43%, from $54.5M in 2018 to $53.3M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gabon exported $272M to Thailand. The main products exported from Gabon to Thailand were Crude Petroleum ($271M), Veneer Sheets ($303k), and Recovered Paper ($19k). During the last 5 years the exports of Gabon to Thailand have increased at an annualized rate of 32.9%, from $65.6M in 2018 to $272M in 2023.

In 2018, Thailand exported $53.3M to Gabon. The main products exported from Thailand to Gabon were Cars ($27.6M), Rice ($12.9M), and Uncoated Paper ($2.05M). During the last 5 years the exports of Thailand to Gabon have decreased at an annualized rate of 0.43%, from $54.5M in 2023 to $53.3M in 2018.

Exports from Gabon () to Thailand () (2023)

Exports from Thailand () to Gabon () (2023)

Latest Data

Trade between Gabon () and Thailand ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$2.77B

Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Gabon than Thailand included Republic of the Congo ($574M), Bahamas ($61.8M), and Gibraltar ($52M).

In 2023, countries that imported more from Thailand than Gabon included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Gabon - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gabon had a large net trade with Thailand in the exports of Mineral Products ($271M), Wood Products ($303k), and Machines ($21.7k).

During 2018, Thailand had a large net trade with Gabon in the exports of Transportation ($30.1M), Vegetable Products ($13.1M), and Machines ($4.12M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Thailand+$59.6MCrude Petroleum

Top Product Potential Thailand Gabon+$1.88MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Thailand () (2023)

Exports from Thailand () to Gabon () (2023)

Latest Data

Trade between Gabon () and Thailand ()

Thailand Exports

Market Competitiveness

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

Comparative Advantage Gabon - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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