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Pricing

2022
Flag → Flag
Exports $10.9MRnk 117 / 208
2022
Flag → Flag
Top Product $1.74MNonaqueous Paints
2022
Flag → Flag
Exports $127MRnk 14 / 118
2022
Flag → Flag
Top Product $108MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 112 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 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

Portugal-Gabon Trade: In 2022, Portugal exported $10.9M to Gabon. The main products that Portugal exported to Gabon were Nonaqueous Paints ($1.74M), Iron Blocks ($1.42M), and Poultry Meat ($1.16M). Over the past 5 years the exports of Portugal to Gabon have decreased at an annualized rate of 1.81%, from $11.9M in 2017 to $10.9M in 2022.

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

Gabon-Portugal Trade: In 2022, Gabon exported $127M to Portugal. The main products that Gabon exported to Portugal were Crude Petroleum ($108M), Gold ($9.91M), and Ferroalloys ($5.43M). Over the past 5 years the exports of Gabon to Portugal have increased at an annualized rate of 105%,  from $3.46M in 2017 to $127M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Latest Trends

June, 2024

About

Overview In June 2024, Portugal exported €1.15M and imported €173k from Gabon, resulting in a positive trade balance of €973k. Between June 2023 and June 2024 the exports of Portugal have increased by €647k (130%) from €499k to €1.15M, while imports decreased by €-114k (-39.8%) from €287k to €173k.

Trade In June 2024, the top exports of Portugal to Gabon were Meat & edible offal (€152k), Paper articles (€116k), Beverages, spirits, & vinegar (€76.3k), Machinery, mechanical appliances, & parts (€37.5k), and Glues, starches, & albuminoid products (€34.8k). In June 2024 the top imports of Portugal from Gabon were Wood, wood articles, & charcoal (€222k), Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), and Edible products of animal origin, n.e.s. (€0).

Growth In June 2024, the increase in Portugal's year-by-year exports to Gabon was explained primarily by an increase in product exports in Meat & edible offal (€82.8k or 120%), Machinery, mechanical appliances, & parts (€35.8k or 2.13k%), and Paper articles (€30.7k or 35.9%). In June 2024, the decrease in Portugal's year-by-year imports  from Gabon was explained primarily by an decrease in product imports  in Wood, wood articles, & charcoal (€-198k or -47.2%) and Knitted clothing accesories (€-237 or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€647k(130%)
IMPORT GROWTH (June 2023 - June 2024)€-114k(-39.8%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Gabon and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Gabon and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $10.9M to Gabon. The main products exported from Portugal to Gabon were Nonaqueous Paints ($1.74M), Iron Blocks ($1.42M), and Poultry Meat ($1.16M). During the last 5 years the exports of Portugal to Gabon have decreased at an annualized rate of 1.81%, from $11.9M in 2017 to $10.9M in 2022.

In 2017, Gabon exported $127M to Portugal. The main products exported from Gabon to Portugal were Crude Petroleum ($108M), Gold ($9.91M), and Ferroalloys ($5.43M). During the last 5 years the exports of Gabon to Portugal have increased at an annualized rate of 105%, from $3.46M in 2022 to $127M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Gabon
Top DestinationChina$3.4B

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

In 2022, countries that imported more from Portugal than Gabon included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Gabon than Portugal included China ($3.4B), Indonesia ($394M), and India ($527M).

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

Comparative Advantage Portugal - Gabon

Flow
Scale

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

During 2022, Portugal had a large net trade with Gabon in the exports of Chemical Products ($3.08M), Metals ($2.04M), and Machines ($1.44M).

During 2017, Gabon had a large net trade with Portugal in the exports of Mineral Products ($108M), Precious Metals ($9.91M), and Metals ($5.43M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Gabon+$249kCentrifuges
Top Product Potential Gabon Portugal+$17.4MCrude 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 Portugal and Gabon. This means that a dot/product with the flag of Portugal indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Portugal.

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

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