Country Information Export Development Canada Africa and Middle East

Gabon

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Evaluating the market in Gabon

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis
How does EDC determine the position?

Risk Rating

EDC Country Position – Medium to High Risk

Medium to High Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Gabon

Although a small country, Gabon is an important oil producer in Sub-Saharan Africa. The country has enjoyed  relative political and economic stability over recent years. While the government has recently undertaken a strategy to diversify, mainly leveraging natural resources (hydroelectricity, mining), the economy is still heavily dependent on oil and the low oil prices represent a major challenge for the country. Canada has an established trade relationship with Gabon. We see export and investment opportunities across specific sectors that match Canadian capabilities.  Gabon is part of the Communauté Économique et Monétaire de l'Afrique Centrale -CEMAC- region which reduces the risk of currency volatility.
  • Construction & Infrastructure
  • Forestry (Lumber, Pulp & Paper)
  • Oil and Gas
International Trade Solutions

We understand opportunity

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Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible. Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC