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Gabon: Country Insights
Gabon's economy is dominated by oil, although the government is diversifying it, most notably in agribusiness. Most foreign investment, including U.S. investment, is concentrated in the oil and mineral sectors. Gabon is eligible for preferential trade benefits under the African Growth and Opportunity Act. U.S. exports to Gabon include machinery, agricultural products, vehicles, and optic and medical instruments. U.S. imports from Gabon include crude oil, manganese ores, agricultural products, returns, and wood.
The country is located in Western Africa bordering Equatorial Guinea, Cameroon, Republic of the Congo, the Gulf of Guinea and the Atlantic Ocean. Gabon has an extensive system of rainforests and savannas in the east and south. The government system is a republic with multiparty presidential regime. The chief of state is the President and the head of government is the Prime Minister.
The U.S. government released the presidential policy directive “U.S. Strategy Toward Sub-Saharan Africa” in June 2012. In support of its implementation, during her November 2012 visit to Johannesburg, Acting Secretary of Commerce Rebecca Blank launched the “Doing Business in Africa” (DBIA) campaign, bringing together resources of various United State government agencies to increase trade and investment opportunities for U.S. businesses in Africa. Visit http://www.mbda.gov/africa for more information on DBIA.
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