2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186

About

Italy-Gabon Trade: In 2022, Italy exported $63M to Gabon. The main products that Italy exported to Gabon were Gas Turbines ($13M), Processed Tomatoes ($7.12M), and Excavation Machinery ($3.15M). Over the past 5 years the exports of Italy to Gabon have decreased at an annualized rate of 0.98%, from $66.2M in 2017 to $63M in 2022.

In 2022, Italy did not export any services to Gabon.

Gabon-Italy Trade: In 2022, Gabon exported $576M to Italy. The main products that Gabon exported to Italy were Crude Petroleum ($507M), Sawn Wood ($26.2M), and Plywood ($19.1M). Over the past 5 years the exports of Gabon to Italy have increased at an annualized rate of 20.4%,  from $228M in 2017 to $576M in 2022.

In 2022, Gabon did not export any services to Italy.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $63M to Gabon. The main products exported from Italy to Gabon were Gas Turbines ($13M), Processed Tomatoes ($7.12M), and Excavation Machinery ($3.15M). During the last 5 years the exports of Italy to Gabon have decreased at an annualized rate of 0.98%, from $66.2M in 2017 to $63M in 2022.

In 2017, Gabon exported $576M to Italy. The main products exported from Gabon to Italy were Crude Petroleum ($507M), Sawn Wood ($26.2M), and Plywood ($19.1M). During the last 5 years the exports of Gabon to Italy have increased at an annualized rate of 20.4%, from $228M in 2022 to $576M in 2017.

Exports from Italy (Flag) to Gabon (Flag) (2022)

Exports from Gabon (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Gabon
Top Destination
China$3.4B

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

In 2022, countries that imported more from Italy than Gabon included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Gabon than from Italy.

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

Comparative Advantage Italy - Gabon

Flow
Scale

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

During 2022, Italy had a large net trade with Gabon in the exports of Machines ($29.5M), Foodstuffs ($9.42M), and Animal Products ($4.36M).

During 2017, Gabon had a large net trade with Italy in the exports of Mineral Products ($507M), Wood Products ($57.1M), and Animal and Vegetable Bi-Products ($9.74M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Gabon+$1.52MExcavation Machinery
Top Product Potential Gabon Italy+$79.5MCrude 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

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

Product Space of Italy (Flag) and Gabon (Flag) (2022)

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