Facing the challenge of greater diversification

D3

SENSITIVE RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

The country risk assessments are your North Star metrics to make the right decision for your business and understand the risks in international trade. We have always the best solution for your needs

Swipe to view more

GDP USD15.59 bn (World Ranking 123, World Bank 2020)
Population 2.23 mn (World Ranking 144, World Bank 2019)
Form of state Multiparty Presidential Republic
Head of government Ali Bongo Ondimba
Next elections 2023
  • Relatively stable political environment
  • Good natural resource base; fourth largest oil reserves and second largest timber producer in Sub-Saharan Africa.
  • Upper middle income classification by the World Bank.
  • Membership of the CFA franc zone provides a relatively stable framework of monetary policy and reduces exchange rate and transfer risk.
  • IMF financing although with conditional implementation
  • Despite upper middle income status, levels of inequality and poverty are sources of potential social discord.
  • Lack of significant economic diversification results in high vulnerability to external shocks, especially oil changes.
  • Economic reform implementation is slow at times.
  • Infrastructure impediments and a still-difficult business environment limit economic growth potential.
  • Small and vulnerable banking sector.
  • High perceptions of corruption and weak judicial oversight.

Trade structure by destination/origin

(% of total, 2020)

Exports Rank Imports
China 20.0%
1
25.3% France
United States 17.0%
2
17.0% Belgium
South Korea 10.5%
3
13.6% China
Ireland 7.5%
4
4.6% United Sates
Italy 6.5%
5
3.4% Netherlands

Trade structure by product

(% of total, 2020)

Exports Rank Imports
Petroleum, petroleum products and related materials 59.9%
1
10.0% Other industrial machinery and parts
Cork and wood 15.2%
2
9.5% Road vehicles
Metalliferous ores and metal scrap 10.6%
3
7.6% Iron and steel
Cork and wood manufactures (excluding furniture) 4.1%
4
7.5% Specialised machinery
Other industrial machinery and parts 1.4%
5
5.8% Meat and meat preparations
Popular Risk Reports: Americas

Popular Risk Reports: Europe

Popular Risk Reports: Asia Pacific

Popular Risk Reports: Middle East

Popular Risk Reports: Africa