2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 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 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 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

Sweden-Gabon Trade: In 2023, Sweden exported $11.7M to Gabon. The main products that Sweden exported to Gabon were Other Construction Vehicles ($2.22M), Excavation Machinery ($892k), and Packaged Medicaments ($661k). Over the past 5 years the exports of Sweden to Gabon have increased at an annualized rate of 4.13%, from $9.58M in 2018 to $11.7M in 2023.

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

Gabon-Sweden Trade: In 2023, Gabon exported $1.76M to Sweden. The main products that Gabon exported to Sweden were Refined Petroleum ($1.69M), Electrical Control Boards ($26.2k), and Broadcasting Equipment ($16.3k). Over the past 5 years the exports of Gabon to Sweden have decreased at an annualized rate of 52.5%,  from $72.8M in 2018 to $1.76M in 2023.

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

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). 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, Sweden exported $11.7M to Gabon. The main products exported from Sweden to Gabon were Other Construction Vehicles ($2.22M), Excavation Machinery ($892k), and Packaged Medicaments ($661k). During the last 5 years the exports of Sweden to Gabon have increased at an annualized rate of 4.13%, from $9.58M in 2018 to $11.7M in 2023.

In 2018, Gabon exported $1.76M to Sweden. The main products exported from Gabon to Sweden were Refined Petroleum ($1.69M), Electrical Control Boards ($26.2k), and Broadcasting Equipment ($16.3k). During the last 5 years the exports of Gabon to Sweden have decreased at an annualized rate of 52.5%, from $72.8M in 2023 to $1.76M in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Gabon
Top Destination
China$2.77B

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

In 2023, countries that imported more from Sweden than Gabon included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, countries that imported more from Gabon than Sweden included Republic of the Congo ($574M), Israel ($680M), and Cameroon ($113M).

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

Comparative Advantage Sweden - Gabon

Flow
Scale

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

During 2023, Sweden had a large net trade with Gabon in the exports of Machines ($7.78M), Chemical Products ($837k), and Metals ($755k).

During 2018, Gabon had a large net trade with Sweden in the exports of Mineral Products ($1.69M), Machines ($67k), and Instruments ($1.13k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Gabon+$375kTelephones
Top Product Potential Gabon Sweden+$7.91kAudio Alarms

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 Sweden and Gabon. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Sweden.

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

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