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Gabon-Turks and Caicos Isds Bilateral Trade Analysis 2023

Complete trade statistics: $12.45M total volume •Gabon surplus: $633,089

Gabon → Turks and Caicos Isds

$6.54M

Exports (2023)

Turks and Caicos Isds → Gabon

$5.91M

Imports (2023)

Trade Balance

$633,089

Surplus for Gabon

Total Trade

$12.45M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Gabon and Turks and Caicos Isds. Green line shows exports from Gabon, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Gabon-Turks and Caicos Isds commercial relationship and competitive positioning in global markets.

Gabon → Turks and Caicos Isds Exports

$6.54M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
90.5% top product
1Ferro-alloys: ferro-silico-manganese
$5.92M
90.5% of exports
2Wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm
$304,102
4.6% of exports
3Plywood, veneered panels and similar laminated wood (other than blockboard, laminboard and battenboard, other than of bamboo, and other than plywood consisting only of sheets of wood each ply 6mm or thinner)
$253,105
3.9% of exports
4Wood, of tropical wood: as in Subheading note 2 to this Chapter, n.e.c. in heading no. 4408.31, sheets for veneer or plywood, other wood sawn length wise, sliced or peeled, whether or not planed, sanded or end-jointed, not thicker than 6mm
$65,479
1.0% of exports
5Animals: live, n.e.c. in chapter 01, other than mammals, reptiles, birds and insects
$141
0.0% of exports

🎯 Strategic Export Focus

Gabon's export portfolio to Turks and Caicos Isds demonstrates strategic specialization, with ferro-alloys: ferro-silico-manganese representing a key competitive advantage in this bilateral market.

Turks and Caicos Isds → Gabon Imports

$5.91M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
23.5% concentration
1Cigarettes: containing tobacco
$1.39M
23.5% of imports
2Track suits and other garments n.e.c.: men's or boys', of cotton (not knitted or crocheted)
$613,104
10.4% of imports
3Iron or steel: structures and parts thereof, n.e.c. in heading 7308
$478,933
8.1% of imports
4Vegetable oils: sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified
$353,215
6.0% of imports
5Petroleum bitumen: obtained from bituminous minerals
$327,871
5.5% of imports

📦 Import Strategy Analysis

Gabon's import pattern from Turks and Caicos Isds reveals strategic sourcingin cigarettes: containing tobacco, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Gabon demonstrates competitive strength in exportingferro-alloys: ferro-silico-manganese to Turks and Caicos Isds, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $12.45M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Gabon-Turks and Caicos Isds Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $12.45 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Gabon maintains a surplus of $633.09 thousand
  • Export Focus: Gabon's primary exports include ferro-alloys: ferro-silico-manganese, wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm, plywood, veneered panels and similar laminated wood (other than blockboard, laminboard and battenboard, other than of bamboo, and other than plywood consisting only of sheets of wood each ply 6mm or thinner)
  • Import Dependencies: Key imports from Turks and Caicos Isds include cigarettes: containing tobacco, track suits and other garments n.e.c.: men's or boys', of cotton (not knitted or crocheted), iron or steel: structures and parts thereof, n.e.c. in heading 7308

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthBalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $12.45M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Gabon leveraging its comparative advantages in ferro-alloys: ferro-silico-manganese.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Gabon's specialization in ferro-alloys: ferro-silico-manganesecomplements Turks and Caicos Isds's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in cigarettes: containing tobacco.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $12.45M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $12.45M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $12.45 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in ferro-alloys: ferro-silico-manganese and cigarettes: containing tobacco demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Gabon's trade surplus of $633.09 thousand strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in wood, tropical, n.e.c. in item no. 4407.2, sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6mm present expansion opportunities.
Market Diversification
Beyond current focus on cigarettes: containing tobacco, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in ferro-alloys: ferro-silico-manganese may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Gabon and Turks and Caicos Isds represents a total trade volume of $12.45 million in 2023. This partnership demonstrates a favorable trade balance for Gabon, with exports exceeding importsby $633.09 thousand.

Export Strengths

Gabon's exports to Turks and Caicos Isds total $6.54 million, with competitive advantages in ferro-alloys: ferro-silico-manganese, representing $5.92M or90.5% of bilateral exports.

Import Dependencies

Imports from Turks and Caicos Isds amount to $5.91 million, highlighting economic interdependence in cigarettes: containing tobacco, with Cigarettes: containing tobacco comprising23.5% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Gabon's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Gabon and Turks and Caicos Isds in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023