2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 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 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 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

Philippines-Gabon Trade: In 2023, Philippines exported $1.26M to Gabon. The main products that Philippines exported to Gabon were Centrifuges ($312k), Electrical Transformers ($272k), and Office Machine Parts ($193k). Over the past 5 years the exports of Philippines to Gabon have increased at an annualized rate of 13.4%, from $670k in 2018 to $1.26M in 2023.

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

Gabon-Philippines Trade: In 2023, Gabon exported $8.26M to Philippines. The main products that Gabon exported to Philippines were Sawn Wood ($5.74M), Veneer Sheets ($2.39M), and Rough Wood ($81k). Over the past 5 years the exports of Gabon to Philippines have increased at an annualized rate of 1.68%,  from $7.6M in 2018 to $8.26M in 2023.

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

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). 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, Philippines exported $1.26M to Gabon. The main products exported from Philippines to Gabon were Centrifuges ($312k), Electrical Transformers ($272k), and Office Machine Parts ($193k). During the last 5 years the exports of Philippines to Gabon have increased at an annualized rate of 13.4%, from $670k in 2018 to $1.26M in 2023.

In 2018, Gabon exported $8.26M to Philippines. The main products exported from Gabon to Philippines were Sawn Wood ($5.74M), Veneer Sheets ($2.39M), and Rough Wood ($81k). During the last 5 years the exports of Gabon to Philippines have increased at an annualized rate of 1.68%, from $7.6M in 2023 to $8.26M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Gabon
Top Destination
China$2.77B

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

In 2023, countries that imported more from Philippines than Gabon included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

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

Comparative Advantage Philippines - Gabon

Flow
Scale

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

During 2023, Philippines had a large net trade with Gabon in the exports of Machines ($1.05M), Foodstuffs ($78.6k), and Transportation ($32.8k).

During 2018, Gabon had a large net trade with Philippines in the exports of Wood Products ($8.26M), Transportation ($280), and Textiles ($231).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Gabon+$2.62kInsulated Wire
Top Product Potential Gabon Philippines+$4.45kRefined 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 Philippines and Gabon. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Philippines.

Product Space of Philippines (Flag) and Gabon (Flag) (2023)

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