Earlier Report Observations
The soybean market volume in Gabon stood at 5 783 t in 2018 and gradually declined to 5 495 t by 2021. Domestic production remained stable between 3 981 t and 4 070 t, while imports fell from 1 802 t to 1 482 t over the same period, leading to an overall contraction in market size.
From 2022 to 2023, the market volume continued to decrease, reaching 4 967 t in 2023. This trend aligned with government policies to strengthen the agricultural sector, including a target to raise its share in GDP by at least 20% and intensify production on arable land. The establishment of the Gabonese Food Security Agency (AGASA) in 2023 aimed to boost national production and attract foreign investment, contributing to a further drop in imports to 959 t while production held steady around 4 000 t.
In 2024, the government created the Société d'Agriculture et d'Élevage du Gabon to structure and develop the agricultural sector. Additional steps included a temporary suspension of duties and taxes on certain goods, the development of special economic zones such as in Nkok, and the creation of a Gabonese label for agri-food products, all part of ongoing efforts to reduce food import dependency which exceeded 85% of needs.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Gabon
- 5.1.1. Annual dynamics of production in Gabon in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Gabon in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Gabon
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Gabon in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Gabon by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Gabon in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Gabon by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Gabon, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Gabon by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Gabon in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Gabon by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Gabon in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Gabon by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Gabon, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Gabon by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Gabon in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Gabon by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Gabon in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Gabon by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Gabon, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Gabon by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Gabon in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Gabon by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Gabon in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Gabon by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Gabon, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Gabon by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production soybeans in Gabon
In kind, 2017-2020, t
Top producers of soybeans, 2017-2020
World map of production of soybeans, 2017-2020
Soybean production in Gabon increased for two consecutive years before declining. In 2019, production reached its peak at 4 070 tonnes, marking a 2.2% increase from the previous year. However, in 2020, production fell to 3 987 tonnes, representing a 2.0% year-over-year decrease.
Annual dynamics of production in Gabon in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.8% | 2.2% | (2.0%) | 0.6% |
Exports soybeans from Gabon
Exports in kind, t
Annual dynamics of product's exports from Gabon in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Structure of product's exports in kind by countries, 2017-2020
Exports in value, K $ US
Annual dynamics of product's exports from Gabon in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, the United States was the primary destination for Gabon's soybean exports in value terms, accounting for 100.0% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Gabon in value, 2017-2020
Imports soybeans to Gabon
Imports in kind, t
Soybean imports to Gabon declined for two years before rebounding. In 2019, imports hit their lowest point at 1 418 tonnes, following a significant 34.2% drop in 2018. Overall, between 2017 and 2020, imports decreased by 41.6%, averaging an annual decline of 16.4%. However, in 2020, imports rose to 1 599 tonnes, reflecting a solid 12.8% increase compared to the previous year.
Annual dynamics of product's imports to Gabon in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (34.2%) | (21.3%) | 12.8% | (16.4%) |
Between 2017 and 2020, Belgium was overwhelmingly dominant as the source for soybean imports to Gabon, accounting for 94.5% of total imports in volume terms.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Gabon in kind, 2017-2020
Imports in value, K $ US
Gabon's soybean imports in value terms fell for two years before increasing. In 2019, imports reached their minimum at 1 119 thousand US dollars, after a 33.7% decline in 2018. Over the 2017-2020 period, imports decreased by 45.5%, with a compound annual growth rate of -18.3%. In 2020, imports rebounded to 1 318 thousand US dollars, showing a robust 17.8% advance from the previous year.
Annual dynamics of product's imports to Gabon in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (33.7%) | (30.3%) | 17.8% | (18.3%) |
From 2017 to 2020, soybean imports to Gabon were largely directed towards Belgium, which held a 94.0% share of total imports in value terms.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Gabon in value, 2017-2020
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