2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 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 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 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

Philippines-Gabon Trade: In 2022, Philippines exported $7.29k to Gabon. The main products that Philippines exported to Gabon were Sowing Seeds ($4.06k), Other Clocks and Watches ($3.16k), and Non-Knit Women's Suits ($50). Over the past 5 years the exports of Philippines to Gabon have decreased at an annualized rate of 60.6%, from $770k in 2017 to $7.29k in 2022.

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

Gabon-Philippines Trade: In 2022, Gabon exported $7.58M to Philippines. The main products that Gabon exported to Philippines were Sawn Wood ($6.44M), Veneer Sheets ($1.01M), and Large Construction Vehicles ($111k). Over the past 5 years the exports of Gabon to Philippines have increased at an annualized rate of 3.41%,  from $5.99M in 2017 to $7.58M in 2022.

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

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). 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, Philippines exported $7.29k to Gabon. The main products exported from Philippines to Gabon were Sowing Seeds ($4.06k), Other Clocks and Watches ($3.16k), and Non-Knit Women's Suits ($50). During the last 5 years the exports of Philippines to Gabon have decreased at an annualized rate of 60.6%, from $770k in 2017 to $7.29k in 2022.

In 2017, Gabon exported $7.58M to Philippines. The main products exported from Gabon to Philippines were Sawn Wood ($6.44M), Veneer Sheets ($1.01M), and Large Construction Vehicles ($111k). During the last 5 years the exports of Gabon to Philippines have increased at an annualized rate of 3.41%, from $5.99M in 2022 to $7.58M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Gabon
Top Destination
China$3.4B

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

In 2022, countries that imported more from Philippines than Gabon included United States ($15.5B), Hong Kong ($12.6B), and China ($15.3B).

In 2022, countries that imported more from Gabon than Philippines included Italy ($576M), Norway ($168M), and Portugal ($127M).

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

Comparative Advantage Philippines - Gabon

Flow
Scale

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

During 2022, Philippines had a large net trade with Gabon in the exports of Vegetable Products ($4.06k), Instruments ($3.18k), and Textiles ($50).

During 2017, Gabon had a large net trade with Philippines in the exports of Wood Products ($7.47M), Machines ($111k), and Textiles ($230).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Gabon+$2.62kInsulated Wire
Top Product Potential Gabon Philippines+$4.45kRefined 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 Philippines and Gabon. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Philippines.

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

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