Gabon (GAB) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Gabon-Belgium Trade: In 2022, Gabon exported $58.5M to Belgium. The main products that Gabon exported to Belgium were Sawn Wood ($26.5M), Refined Petroleum ($8.66M), and Manganese Ore ($8.1M). Over the past 5 years the exports of Gabon to Belgium have decreased at an annualized rate of 6.63%, from $82.4M in 2017 to $58.5M in 2022.

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

Belgium-Gabon Trade: In 2022, Belgium exported $96.7M to Gabon. The main products that Belgium exported to Gabon were Mixed Mineral or Chemical Fertilizers ($25.5M), Used Clothing ($9.41M), and Malt ($7.34M). Over the past 5 years the exports of Belgium to Gabon have increased at an annualized rate of 7.3%, from $68M in 2017 to $96.7M in 2022.

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

Comparison: In 2022, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Gabon exported $58.5M to Belgium. The main products exported from Gabon to Belgium were Sawn Wood ($26.5M), Refined Petroleum ($8.66M), and Manganese Ore ($8.1M). During the last 5 years the exports of Gabon to Belgium have decreased at an annualized rate of 6.63%, from $82.4M in 2017 to $58.5M in 2022.

In 2017, Belgium exported $96.7M to Gabon. The main products exported from Belgium to Gabon were Mixed Mineral or Chemical Fertilizers ($25.5M), Used Clothing ($9.41M), and Malt ($7.34M). During the last 5 years the exports of Belgium to Gabon have increased at an annualized rate of 7.3%, from $68M in 2022 to $96.7M in 2017.

Exports from Gabon () to Belgium () (2022)

Exports from Belgium () to Gabon () (2022)

Latest Data

Trade between Gabon () and Belgium ()

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Belgium
Top DestinationGermany$91.9B

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

In 2022, no countries were registered that imported more from Gabon than from Belgium.

In 2022, countries that imported more from Belgium than Gabon included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Gabon - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gabon had a large net trade with Belgium in the exports of Wood Products ($41.6M), Mineral Products ($16.8M), and Transportation ($35.8k).

During 2017, Belgium had a large net trade with Gabon in the exports of Chemical Products ($37.7M), Machines ($12.1M), and Textiles ($9.64M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Belgium+$7.73MRefined Petroleum

Top Product Potential Belgium Gabon+$2.37MCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Belgium () (2022)

Exports from Belgium () to Gabon () (2022)

Latest Data

Trade between Gabon () and Belgium ()

Belgium Exports

Market Competitiveness

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

Comparative Advantage Gabon - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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