2022
Flag  
GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP
$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH
-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
GDP PC 
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC
$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH
-62.4%CURRENT US$
Rnk 186 / 186

About

Angola-Equatorial Guinea Trade: In 2022, Angola exported $42.4M to Equatorial Guinea. The main products that Angola exported to Equatorial Guinea were Other Sea Vessels ($39.2M), Passenger and Cargo Ships ($2.95M), and Machinery Having Individual Functions ($103k). Over the past 5 years the exports of Angola to Equatorial Guinea have increased at an annualized rate of 51.2%, from $5.37M in 2017 to $42.4M in 2022.

In 2022, Angola did not export any services to Equatorial Guinea.

Equatorial Guinea-Angola Trade: In 2022, Equatorial Guinea exported $241k to Angola. The main products that Equatorial Guinea exported to Angola were Valves ($74.9k), Machinery Having Individual Functions ($57.3k), and Pulley Systems ($39.8k). Over the past 5 years the exports of Equatorial Guinea to Angola have decreased at an annualized rate of 34.1%,  from $1.94M in 2017 to $241k in 2022.

In 2022, Equatorial Guinea did not export any services to Angola.

Comparison In 2022,  Angola ranked 126 in the Economic Complexity Index (ECI -1.55),  and 58 in total exports ($54.1B). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Angola exported $42.4M to Equatorial Guinea. The main products exported from Angola to Equatorial Guinea were Other Sea Vessels ($39.2M), Passenger and Cargo Ships ($2.95M), and Machinery Having Individual Functions ($103k). During the last 5 years the exports of Angola to Equatorial Guinea have increased at an annualized rate of 51.2%, from $5.37M in 2017 to $42.4M in 2022.

In 2017, Equatorial Guinea exported $241k to Angola. The main products exported from Equatorial Guinea to Angola were Valves ($74.9k), Machinery Having Individual Functions ($57.3k), and Pulley Systems ($39.8k). During the last 5 years the exports of Equatorial Guinea to Angola have decreased at an annualized rate of 34.1%, from $1.94M in 2022 to $241k in 2017.

Exports from Angola (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to Angola (Flag) (2022)

Latest Data

Trade between Angola (Flag) and Equatorial Guinea (Flag)

Angola Exports

Market Competitiveness

Color
Angola
Top Destination
China$21.8B
Equatorial Guinea
Top Destination
Zambia$1.84B

This map shows whether countries import more from Angola or Equatorial Guinea. Each country is colored based on the difference in imports they receive from Angola and Equatorial Guinea or the difference in the growth in imports.

In 2022, countries that imported more from Angola than Equatorial Guinea included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

In 2022, countries that imported more from Equatorial Guinea than Angola included Zambia ($1.84B), South Korea ($393M), and Germany ($330M).

Difference in imports from Equatorial Guinea (Flag) and Angola (Flag) (2022)

Comparative Advantage Angola - Equatorial Guinea

Flow
Scale

This chart compares trade between Angola and Equatorial Guinea by product, considering products traded by both, Angola and Equatorial Guinea.

During 2022, Angola had a large net trade with Equatorial Guinea in the exports of Transportation ($42.2M), Machines ($145k), and Instruments ($33k).

During 2017, Equatorial Guinea had a large net trade with Angola in the exports of Machines ($208k), Plastics and Rubbers ($13.3k), and Footwear and Headwear ($11.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Equatorial Guinea+$1.89kRefined Petroleum
Top Product Potential Equatorial Guinea Angola+$2.71kCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Angola and Equatorial Guinea. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Equatorial Guinea. Similarly, a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Angola.

Product Space of Angola (Flag) and Equatorial Guinea (Flag) (2022)

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