2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 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 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 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

Austria-Equatorial Guinea Trade: In 2022, Austria exported $79.4k to Equatorial Guinea. The main products that Austria exported to Equatorial Guinea were Pig Meat ($34.4k), Valves ($21.7k), and Other Plastic Products ($11.9k). Over the past 5 years the exports of Austria to Equatorial Guinea have decreased at an annualized rate of 25.3%, from $341k in 2017 to $79.4k in 2022.

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

Equatorial Guinea-Austria Trade: In 2022, Equatorial Guinea exported $43k to Austria. The main products that Equatorial Guinea exported to Austria were N/A. Over the past 5 years the exports of Equatorial Guinea to Austria have increased at an annualized rate of 111%,  from $231 in 2017 to $43k in 2022.

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

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5),  and 32 in total exports ($209B). 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, Austria exported $79.4k to Equatorial Guinea. The main products exported from Austria to Equatorial Guinea were Pig Meat ($34.4k), Valves ($21.7k), and Other Plastic Products ($11.9k). During the last 5 years the exports of Austria to Equatorial Guinea have decreased at an annualized rate of 25.3%, from $341k in 2017 to $79.4k in 2022.

In 2016, Equatorial Guinea exported $43k to Austria. There were not main exports from Equatorial Guinea to Austria in 2016. During the last 5 years the exports of Equatorial Guinea to Austria have increased at an annualized rate of 111%, from $231 in 2021 to $43k in 2016.

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

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

Latest Data

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

Austria Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Equatorial Guinea
Top Destination
Zambia$1.84B

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

In 2022, countries that imported more from Austria than Equatorial Guinea included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Equatorial Guinea than Austria included Zambia ($1.84B), Chile ($413M), and Burkina Faso ($6.05M).

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

Comparative Advantage Austria - Equatorial Guinea

Flow
Scale

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

During 2022, Austria had a large net trade with Equatorial Guinea in the exports of Animal Products ($34.4k), Machines ($22.6k), and Plastics and Rubbers ($11.9k).

During 2016, Equatorial Guinea had a large net trade with Austria in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Equatorial Guinea+$49.7kValves
Top Product Potential Equatorial Guinea Austria+$5.73kCrude Petroleum

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 Austria and Equatorial Guinea. This means that a dot/product with the flag of Austria 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 Austria.

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

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