2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 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 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 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

Portugal-Gabon Trade: In 2022, Portugal exported $10.9M to Gabon. The main products that Portugal exported to Gabon were Nonaqueous Paints ($1.74M), Iron Blocks ($1.42M), and Poultry Meat ($1.16M). Over the past 5 years the exports of Portugal to Gabon have decreased at an annualized rate of 1.81%, from $11.9M in 2017 to $10.9M in 2022.

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

Gabon-Portugal Trade: 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). Over the past 5 years the exports of Gabon to Portugal have increased at an annualized rate of 105%,  from $3.46M in 2017 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).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Portugal to Gabon have decreased at an annualized rate of 1.81%, from $11.9M in 2017 to $10.9M in 2022.

In 2017, 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 5 years the exports of Gabon to Portugal have increased at an annualized rate of 105%, from $3.46M in 2022 to $127M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Gabon
Top Destination
China$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 2022, countries that imported more from Portugal than Gabon included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Gabon than Portugal included China ($3.4B), Indonesia ($394M), and India ($527M).

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

Comparative Advantage Portugal - Gabon

Flow
Scale

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 2017, Gabon had a large net trade with Portugal in the exports of Mineral Products ($108M), Precious Metals ($9.91M), and Metals ($5.43M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Gabon+$249kCentrifuges
Top Product Potential Gabon Portugal+$17.4MCrude 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 Portugal and Gabon. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Portugal.

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

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