Balance of Trade In Goods and Services (Local Currency) rose 51.4% to XAF 2,257 bil in Gabon in 2017

Balance of Trade In Goods and Services (Local Currency) (XAF bil)
Economy | Gabon | May 17, 2019
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Balance of trade in goods and services reached 2,257 XAF bil in 2017 in Gabon, according to the National Statistical Office. This is 51.4 % more than in the previous year.

Historically, balance of trade in goods and services in Gabon reached an all time high of 2,831 XAF bil in 2011 and an all time low of -230 XAF bil in 1986. When compared to Gabon's main peers, balance of trade in goods and services in Angola amounted to 1,165 AOA bil, -818 XAF bil in Cameroon, 1,462 XAF bil in Congo and 1,377 XAF bil in Equatorial Guinea in 2017.

Gabon has been ranked 12th within the group of 163 countries we follow in terms of balance of trade in goods and services.

The external balance of trade in goods and services (formerly the resource balance) equals exports of goods and services minus imports of goods and services (previously non-factor services).

Balance of Trade In Goods and Services (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Angola AOA bil 2,243 2,455 1,937 1,441 -471
Botswana BWP bil -3.83 -13.4 0.095 10.0 -1.93
Cameroon XAF bil -702 -617 -714 -896 -978
Central African Republic XAF bil -109 -112 -79.2 -207 -206
Chad XAF bil -168 -230 -353 -572 -425
Congo XAF bil 2,004 1,637 728 192 -1,371
Dem. Republic of the Congo CDF bil -1,465 -1,818 -1,375 -1,670 -1,363
Equatorial Guinea XAF bil 3,604 3,102 3,080 2,960 1,126
Gabon XAF bil 2,831 2,591 2,093 1,395 1,540
Namibia NAD bil -10.8 -17.9 -20.7 -34.3 -45.5
Nigeria NGN bil 6,286 13,429 4,092 5,395 -127
Zambia ZMW bil 5.39 1.40 -5.50 -4.04 -10.2