Finland (FIN) and Gabon (GAB) Trade | The Observatory of Economic Complexity

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Finland-Gabon Trade: In 2022, Finland exported $319k to Gabon. The main products that Finland exported to Gabon were Pulley Systems ($129k), Electrical Control Boards ($64.4k), and Cellulose Fibers Paper ($32.5k). Over the past 5 years the exports of Finland to Gabon have decreased at an annualized rate of 22.2%, from $1.12M in 2017 to $319k in 2022.

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

Gabon-Finland Trade: In 2022, Gabon exported $237k to Finland. The main products that Gabon exported to Finland were Plywood ($221k), Electrical Transformers ($14k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.67k). Over the past 5 years the exports of Gabon to Finland have increased at an annualized rate of 74.8%, from $1.56k in 2017 to $237k in 2022.

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

Comparison: In 2022, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). 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 2022, Finland exported $319k to Gabon. The main products exported from Finland to Gabon were Pulley Systems ($129k), Electrical Control Boards ($64.4k), and Cellulose Fibers Paper ($32.5k). During the last 5 years the exports of Finland to Gabon have decreased at an annualized rate of 22.2%, from $1.12M in 2017 to $319k in 2022.

In 2017, Gabon exported $237k to Finland. The main products exported from Gabon to Finland were Plywood ($221k), Electrical Transformers ($14k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.67k). During the last 5 years the exports of Gabon to Finland have increased at an annualized rate of 74.8%, from $1.56k in 2022 to $237k in 2017.

Exports from Finland () to Gabon () (2022)

Exports from Gabon () to Finland () (2022)

Latest Data

Trade between Finland () and Gabon ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Gabon
Top DestinationChina$3.4B

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

In 2022, countries that imported more from Finland than Gabon included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

In 2022, countries that imported more from Gabon than Finland included Indonesia ($394M), Malaysia ($299M), and Sao Tome and Principe ($1.73M).

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

Comparative Advantage Finland - Gabon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Gabon in the exports of Machines ($237k), Paper Goods ($35.9k), and Animal Products ($23.2k).

During 2017, Gabon had a large net trade with Finland in the exports of Wood Products ($221k), Machines ($14k), and Transportation ($1.67k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Gabon+$73.3kExcavation Machinery

Top Product Potential Gabon Finland+$143kPlywood

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Gabon () (2022)

Exports from Gabon () to Finland () (2022)

Latest Data

Trade between Finland () and Gabon ()

Finland Exports

Market Competitiveness

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

Comparative Advantage Finland - Gabon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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