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Pricing

2022
Flag → Flag
Exports $96.7MRnk 115 / 222
2022
Flag → Flag
Top Product $25.5MMixed Mineral or Chemical Fertilizers
2022
Flag → Flag
Exports $58.5MRnk 16 / 118
2022
Flag → Flag
Top Product $26.5MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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Economic Complexity (ECI) ECI -1.01Rnk 106 / 124
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
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GDP GROWTH22.7%CURRENT US$
Rnk 114 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$8,820CURRENT US$
Rnk 83 / 186
2012-2022
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GDP PC GROWTH-5.65%CURRENT US$
Rnk 156 / 186

About

Belgium-Gabon In 2022, Belgium exported $96.7M to Gabon. The main products that Belgium exported to Gabon are Mixed Mineral or Chemical Fertilizers ($25.5M), Used Clothing ($9.41M), and Malt ($7.34M). During the last 23 years the exports of Belgium to Gabon have increased at an annualized rate of 4.57%, from $34.6M in 1999 to $96.7M in 2022.

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

Gabon-Belgium 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). During the last 23 years the exports of Gabon to Belgium have increased at an annualized rate of 5.33%, from $17.7M in 1999 to $58.5M in 2022.

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

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, Gabon ranked 106 in the Economic Complexity Index (ECI -1.01), and 112 in total exports ($7.88B).

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €18.3M and imported €2.13M from Gabon, resulting in a positive trade balance of €16.2M. Between December 2022 and December 2023 the exports of Belgium have increased by €8.53M (86.9%) from €9.82M to €18.3M, while imports decreased by €-3.15M (-59.7%) from €5.28M to €2.13M.

Trade In December 2023, the top exports of Belgium to Gabon were Fertilizers (€2.14M), Products of the milling industry (€1.44M), Used clothes & textile articles (€900k), Machinery, mechanical appliances, & parts (€880k), and Rubber & articles thereof (€293k). In December 2023 the top imports of Belgium from Gabon were Wood, wood articles, & charcoal (€4.09M), Electrical machinery and electronics (€1.87k), Optical, photo, & film equipment; medical... (€1.09k), Mineral fuels, mineral oils and products... (€1.04k), and Iron or steel articles (€305).

Growth In December 2023, the increase in Belgium's year-by-year exports to Gabon was explained primarily by an increase in product exports in Fertilizers (€814k or 61.3%), Used clothes & textile articles (€302k or 50.4%), and Rubber & articles thereof (€263k or 892%). In December 2023, the decrease in Belgium's year-by-year imports  from Gabon was explained primarily by an decrease in product imports  in Electrical machinery and electronics (€-9.68k or -83.8%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€8.53M(86.9%)
IMPORT GROWTH (December 2022 - December 2023)€-3.15M(-59.7%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 23 years the exports of Belgium to Gabon have increased at an annualized rate of 4.57%, from $34.6M in 1999 to $96.7M in 2022.

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 23 years the exports of Gabon to Belgium have increased at an annualized rate of 5.33%, from $17.7M in 1999 to $58.5M in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Gabon
Top DestinationChina$3.4B

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

In 2021, countries that imported more from Belgium than Gabon were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2019, no countries were registered that imported more from Gabon than from Belgium.

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

Comparative Advantage Belgium - Gabon

Flow
Scale

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

During 2022, Belgium had a large net trade with Gabon in the exports of Chemical Products ($37.7M), Machines ($12.1M), and Textiles ($9.64M).

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).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Gabon. Similarly, the more yellow a dot/product is, the more Gabon has comparative advantage over Belgium.

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

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