Gabon recorded a trade surplus of 1701.74 CFA Billion in 2019. source: Bank of Central African States (BEAC)

Balance of Trade in Gabon averaged 1944.25 CFA Billion from 1998 until 2019, reaching an all time high of 3233.90 CFA Billion in 2013 and a record low of 439.16 CFA Billion in 1998. This page provides - Gabon Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gabon Balance of Trade - values, historical data and charts - was last updated on September of 2021.

Balance of Trade in Gabon is expected to reach 2977.88 CFA Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gabon Balance of Trade is projected to trend around 2946.00 CFA Billion in 2022 and 2978.00 CFA Billion in 2023, according to our econometric models.

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Gabon Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
1701.74 1487.64 3233.90 439.16 1998 - 2019 CFA Billion Yearly

Gabon Trade Last Previous Highest Lowest Unit
Balance of Trade 1701.74 1487.64 3233.90 439.16 CFA Billion [+]
Current Account -146.47 -188.45 1714.92 -348.54 CFA Billion [+]
Current Account to GDP -9.50 -0.30 27.30 -19.40 percent of GDP [+]
Crude Oil Production 179.00 185.00 374.00 150.00 BBL/D/1K [+]
Terrorism Index 1.43 0.55 1.43 0.00 [+]

Gabon Balance of Trade
In recent years, Gabon has been recording trade surpluses due to petroleum exports. With virtually no manufacturing industry, Gabon is dependent on imports of consumer goods and capital equipment. Gabon’s main trading partners are: China, United States and European Union.