2022
Flag  
GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Gabon-Austria Trade: In 2022, Gabon exported $108k to Austria. The main products that Gabon exported to Austria were Engine Parts ($46.6k), Sawn Wood ($38.9k), and Veneer Sheets ($14k). Over the past 5 years the exports of Gabon to Austria have decreased at an annualized rate of 24.1%, from $428k in 2017 to $108k in 2022.

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

Austria-Gabon Trade: In 2022, Austria exported $1.93M to Gabon. The main products that Austria exported to Gabon were Flavored Water ($566k), Gas and Liquid Flow Measuring Instruments ($271k), and Electric Batteries ($153k). Over the past 5 years the exports of Austria to Gabon have decreased at an annualized rate of 13.4%,  from $3.96M in 2017 to $1.93M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gabon exported $108k to Austria. The main products exported from Gabon to Austria were Engine Parts ($46.6k), Sawn Wood ($38.9k), and Veneer Sheets ($14k). During the last 5 years the exports of Gabon to Austria have decreased at an annualized rate of 24.1%, from $428k in 2017 to $108k in 2022.

In 2017, Austria exported $1.93M to Gabon. The main products exported from Austria to Gabon were Flavored Water ($566k), Gas and Liquid Flow Measuring Instruments ($271k), and Electric Batteries ($153k). During the last 5 years the exports of Austria to Gabon have decreased at an annualized rate of 13.4%, from $3.96M in 2022 to $1.93M in 2017.

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

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

Latest Data

Trade between Gabon (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

Color
Gabon
Top Destination
China$3.4B
Austria
Top Destination
Germany$57.7B

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

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

In 2022, countries that imported more from Austria than Gabon included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Gabon - Austria

Flow
Scale

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

During 2022, Gabon had a large net trade with Austria in the exports of Wood Products ($52.9k), Machines ($49.6k), and Miscellaneous ($1.57k).

During 2017, Austria had a large net trade with Gabon in the exports of Foodstuffs ($703k), Machines ($370k), and Instruments ($301k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gabon Austria+$181kSawn Wood
Top Product Potential Austria Gabon+$348kPackaged Medicaments

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

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

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