Venezuela (VEN) and Gabon (GAB) Trade | The Observatory of Economic Complexity

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Venezuela-Gabon Trade: In 2021, Venezuela exported $13.9k to Gabon. The main products that Venezuela exported to Gabon were N/A. Over the past 5 years the exports of Venezuela to Gabon have increased at an annualized rate of 50.4%, from $1.81k in 2016 to $13.9k in 2021.

In 2021, Venezuela did not export any services to Gabon.

Gabon-Venezuela Trade: In 2021, Gabon exported $1.09k to Venezuela. The main products that Gabon exported to Venezuela were N/A. Over the past 5 years the exports of Gabon to Venezuela have decreased at an annualized rate of 43.4%, from $18.7k in 2016 to $1.09k in 2021.

In 2021, Gabon did not export any services to Venezuela.

Comparison: In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Venezuela exported $13.9k to Gabon. There were not main exports from Venezuela to Gabon in 2021. During the last 5 years the exports of Venezuela to Gabon have increased at an annualized rate of 50.4%, from $1.81k in 2016 to $13.9k in 2021.

In 2013, Gabon exported $1.09k to Venezuela. There were not main exports from Gabon to Venezuela in 2013. During the last 5 years the exports of Gabon to Venezuela have decreased at an annualized rate of 43.4%, from $18.7k in 2018 to $1.09k in 2013.

Exports from Venezuela () to Gabon () (2021)

Exports from Gabon () to Venezuela () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Gabon
Top DestinationChina$3.4B

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

In 2022, countries that imported more from Venezuela than Gabon included Turkey ($597M), Brazil ($361M), and Spain ($518M).

In 2022, countries that imported more from Gabon than Venezuela included China ($3.4B), South Korea ($617M), and Italy ($576M).

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

Comparative Advantage Venezuela - Gabon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Venezuela had a large net trade with Gabon in the exports of .

During 2013, Gabon had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Venezuela and Gabon. This means that a dot/product with the flag of Venezuela indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Venezuela.

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Gabon () (2021)

Exports from Gabon () to Venezuela () (2021)

Market Competitiveness

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

Comparative Advantage Venezuela - Gabon

Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Gabon () (2021)

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