What does Gabon produce the most?

What does Gabon produce the most?

Gabon is an upper-middle-income country. The fifth largest oil producer in Africa, it has had strong economic growth over the past decade, driven by its production of oil and manganese. The oil sector has accounted for 80% of exports, 45% of GDP, and 60% of fiscal revenue on average over the past five years.

What is the main exports of Gabon?

Gabon’s main exports are petroleum products (80 percent of total exports). Others include: manganese, uranium and timber. Gabon’s main export partner is the United States with 50 percent of total exports.

What resources is Gabon known for?

Gabon has the privilege of being situated in a region which is known for its mineral wealth. Among the minerals that the country has includes manganese, diamonds, gold, and uranium. Minerals are so important to the country’s economy that the entire economy revolves around the country’s mining industry.

What produces Gabon?

Gabon’s cash crops are palm oil, cocoa, coffee, and sugar. Palm oil is the most important of the four. The coffee sector was hard hit in the 1980s by low world prices and lower producer prices; coffee prices strengthened again in the mid-1990s but sank again in the early 2000s.

What products does Gabon import and export?

Economy of Gabon

Statistics
Export goods	crude oil 70%, timber, manganese, uranium
Main export partners	United States 15.1% China 13.7% Hong Kong 11.3% South Africa 8.6% Indonesia 7.1% Canada 6.2% (2013 est.)
Imports	$2.973 billion (2015 est.)
Import goods	machinery and equipment, foodstuffs, chemicals, construction materials

What is the capital of Gabon?

Libreville
Gabon/Capitals

What are the major imports and exports of Gabon?

What are natural resources found in Gabon?

In addition to oil, which accounted for 80% of the country’s exports in 2004, Gabon is a world leader in manganese. Potash, uranium, niobium, iron ore, lead, zinc, diamonds, marble, and phosphate have also been discovered, and several deposits are being exploited commercially.

What kind of oil does Gabon produce?

Crude oil
Other notable exports are timber, uranium and manganese. Gabon’s current President is HE Ali Bongo Ondimba, who was elected in 2009….Gabon’s Independence Day.

Population (million inhabitants)	2.08
Crude oil production (1,000 b/d)	217.8
Marketed production of natural gas (million cu. m.)	464.0

Is Gabon better than Nigeria?

Gabon is more developed than Nigeria — according to UN development index. A recent global human development index report by the United Nations Development Programme (UNDP) rated Gabon above Nigeria. While Nigeria ranked 152 – the position it occupied last year, Gabon was placed at 109.

How many languages are spoken in Gabon?

40 languages
The indigenous languages are all members of the Bantu family, estimated to have come to Gabon about 2,000 years ago, and differentiated into about 40 languages….

Languages of Gabon
Official language	French
National languages	Fang, and other Bantu languages
Other indigenous languages	(see below)
Lingua franca	French