Public Management

Gabon imported €459 mln products from France, thus becoming its second Central African market in 2018

Gabon imported €459 mln products from France, thus becoming its second Central African market in 2018
Thursday, 07 March 2019 16:57

In 2018, French exports to Gabon rose to 6.25% for the first time since 2011, according to French customs authority. This data demonstrates a revival of activities after years of poor demands, from 2015 notably.

In this country of fewer than 2 million residents, French products hold a prominent place in every sector.  

During the period under review, French exports reached €459 million for the first time since 2015 when the steep decline in oil prices unbalanced Gabon’s economy.

Due to that, the local demand for French products that represent about 30% of Gabon’s imports sharply decreased (20% in 2015 and 13% in 2016).

The rise in 2018 thus translates a revival of the local demand for French products while economic activities are still weak in Gabon (1.2% growth in 2018) even compared with the average within the CEMAC zone (2% growth in 2018).

That year, Gabon became France’s second market in the sub-region, behind Cameroon whose imports from France are valued at €505 million during the period under review.

The main products that year were electrical appliances (24.5%), agribusiness products (21%) and pharmaceuticals (11%).

Stéphane Billé

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Banks in the West African Economic and Monetary Union hold excess reserves more than three times the regulatory minimum. The Central Bank of West...
Nedbank launches $852M tender offer for 66% of Kenya's NCBA Shareholders holding 77.5% of capital have committed irrevocably Nine...
Draft law allows foreign insurers to enter market under ownership limits Foreign stakes capped at 40% per firm and 49% combined Reform aims...
AfDB provides €5 million guarantee to secure trade finance operations Facility targets SMEs and key imports, including essential...
Most Read
01

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
02

From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...

Weekly Health Update | Africa Steps Up Pandemic Preparedness as Health Sovereignty Takes Center Stage
03

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
04

Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...

Ecobank's Quiet Inclusion in the AfDB Mission Reshapes the Abidjan-Lagos Corridor Story
05

Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...

Chinese Automaker Jetour to assemble SUVs in South Africa from 2027
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.