Portugal (PRT) and Gabon (GAB) Trade | The Observatory of Economic Complexity

About

Portugal-Gabon In 2022, Portugal exported $10.9M to Gabon. The main products that Portugal exported to Gabon are Nonaqueous Paints ($1.74M), Iron Blocks ($1.42M), and Poultry Meat ($1.16M). During the last 27 years the exports of Portugal to Gabon have increased at an annualized rate of 10.5%, from $731k in 1995 to $10.9M in 2022.

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

Gabon-Portugal In 2022, Gabon exported $127M to Portugal. The main products that Gabon exported to Portugal were Crude Petroleum ($108M), Gold ($9.91M), and Ferroalloys ($5.43M). During the last 27 years the exports of Gabon to Portugal have increased at an annualized rate of 2.99%, from $57.3M in 1995 to $127M in 2022.

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

Comparison In 2022, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Latest Trends

February, 2024

About

Overview In February 2024, Portugal exported €2.13M and imported €219k from Gabon, resulting in a positive trade balance of €1.92M. Between February 2023 and February 2024 the exports of Portugal have increased by €798k (59.7%) from €1.34M to €2.13M, while imports decreased by €-111k (-33.6%) from €330k to €219k.

Trade In February 2024, the top exports of Portugal to Gabon were Meat & edible offal (€152k), Paper articles (€116k), Beverages, spirits, & vinegar (€76.3k), Machinery, mechanical appliances, & parts (€37.5k), and Glues, starches, & albuminoid products (€34.8k). In February 2024 the top imports of Portugal from Gabon were Wood, wood articles, & charcoal (€222k), Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), and Edible products of animal origin, n.e.s. (€0).

Growth In February 2024, the increase in Portugal's year-by-year exports to Gabon was explained primarily by an increase in product exports in Meat & edible offal (€82.8k or 120%), Machinery, mechanical appliances, & parts (€35.8k or 2.13k%), and Paper articles (€30.7k or 35.9%). In February 2024, the decrease in Portugal's year-by-year imports from Gabon was explained primarily by an decrease in product imports in Wood, wood articles, & charcoal (€-198k or -47.2%) and Knitted clothing accesories (€-237 or -100%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€798k(59.7%)

IMPORT GROWTH (February 2023 - February 2024)€-111k(-33.6%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Gabon and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Portugal exported $10.9M to Gabon. The main products exported from Portugal to Gabon were Nonaqueous Paints ($1.74M), Iron Blocks ($1.42M), and Poultry Meat ($1.16M). During the last 27 years the exports of Portugal to Gabon have increased at an annualized rate of 10.5%, from $731k in 1995 to $10.9M in 2022.

In 2022, Gabon exported $127M to Portugal. The main products exported from Gabon to Portugal were Crude Petroleum ($108M), Gold ($9.91M), and Ferroalloys ($5.43M). During the last 27 years the exports of Gabon to Portugal have increased at an annualized rate of 2.99%, from $57.3M in 1995 to $127M in 2022.

Exports from Portugal () to Gabon () (2022)

Exports from Gabon () to Portugal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$20.5B

Gabon
Top DestinationChina$3.4B

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

In 2021, countries that imported more from Portugal than Gabon were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Gabon than Portugal were China ($3.4B), Indonesia ($394M), and India ($527M).

Difference in imports from Gabon () and Portugal () (2022)

Comparative Advantage Portugal - Gabon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Portugal had a large net trade with Gabon in the exports of Chemical Products ($3.08M), Metals ($2.04M), and Machines ($1.44M).

During 2022, Gabon had a large net trade with Portugal in the exports of Mineral Products ($108M), Precious Metals ($9.91M), and Metals ($5.43M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Gabon. Similarly, the more yellow a dot/product is, the more Gabon has comparative advantage over Portugal.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Portugal () to Gabon () (2022)

Exports from Gabon () to Portugal () (2022)

Market Competitiveness

Difference in imports from Gabon () and Portugal () (2022)

Comparative Advantage Portugal - Gabon

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Gabon () (2022)

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