2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH
10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
GDP PC 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$7,803CURRENT US$
Rnk 100 / 196
2013-2023
Flag
GDP PC GROWTH
-15.2%CURRENT US$
Rnk 172 / 195

About

Italy-Gabon Trade: In 2023, Italy exported $78.5M to Gabon. The main products that Italy exported to Gabon were Processed Tomatoes ($6.22M), Centrifuges ($4.98M), and Pig Meat ($3.43M). Over the past 5 years the exports of Italy to Gabon have increased at an annualized rate of 2.85%, from $68.2M in 2018 to $78.5M in 2023.

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

Gabon-Italy Trade: In 2023, Gabon exported $252M to Italy. The main products that Gabon exported to Italy were Crude Petroleum ($188M), Plywood ($34.5M), and Sawn Wood ($18.6M). Over the past 5 years the exports of Gabon to Italy have increased at an annualized rate of 0.53%,  from $228M in 2018 to $252M in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $78.5M to Gabon. The main products exported from Italy to Gabon were Processed Tomatoes ($6.22M), Centrifuges ($4.98M), and Pig Meat ($3.43M). During the last 5 years the exports of Italy to Gabon have increased at an annualized rate of 2.85%, from $68.2M in 2018 to $78.5M in 2023.

In 2018, Gabon exported $252M to Italy. The main products exported from Gabon to Italy were Crude Petroleum ($188M), Plywood ($34.5M), and Sawn Wood ($18.6M). During the last 5 years the exports of Gabon to Italy have increased at an annualized rate of 0.53%, from $228M in 2023 to $252M in 2018.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Gabon
Top Destination
China$2.77B

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 2023, countries that imported more from Italy than Gabon included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Gabon than Italy included Republic of the Congo ($574M), Equatorial Guinea ($53.3M), and Bahamas ($61.8M).

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

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 2023, Italy had a large net trade with Gabon in the exports of Machines ($26.6M), Foodstuffs ($9.13M), and Metals ($8.51M).

During 2018, Gabon had a large net trade with Italy in the exports of Mineral Products ($188M), Wood Products ($62.8M), and Machines ($414k).

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) (2023)

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