2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195

About

Canada-Equatorial Guinea Trade: In 2023, Canada exported $6.19M to Equatorial Guinea. The main products that Canada exported to Equatorial Guinea were Gas Turbines ($3.37M), Poultry Meat ($2.06M), and Machinery Having Individual Functions ($237k). Over the past 5 years the exports of Canada to Equatorial Guinea have increased at an annualized rate of 25.5%, from $1.99M in 2018 to $6.19M in 2023.

In 2023, Canada did not export any services to Equatorial Guinea.

Equatorial Guinea-Canada Trade: In 2023, Equatorial Guinea exported $15.6M to Canada. The main products that Equatorial Guinea exported to Canada were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($15.6M), Low-voltage Protection Equipment ($1.32k), and Collector's Items ($204). Over the past 5 years the exports of Equatorial Guinea to Canada have increased at an annualized rate of 410%,  from $4.54k in 2018 to $15.6M in 2023.

In 2023, Equatorial Guinea did not export any services to Canada.

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). That same year, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $6.19M to Equatorial Guinea. The main products exported from Canada to Equatorial Guinea were Gas Turbines ($3.37M), Poultry Meat ($2.06M), and Machinery Having Individual Functions ($237k). During the last 5 years the exports of Canada to Equatorial Guinea have increased at an annualized rate of 25.5%, from $1.99M in 2018 to $6.19M in 2023.

In 2018, Equatorial Guinea exported $15.6M to Canada. The main products exported from Equatorial Guinea to Canada were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($15.6M), Low-voltage Protection Equipment ($1.32k), and Collector's Items ($204). During the last 5 years the exports of Equatorial Guinea to Canada have increased at an annualized rate of 410%, from $4.54k in 2023 to $15.6M in 2018.

Exports from Canada (Flag) to Equatorial Guinea (Flag) (2023)

Exports from Equatorial Guinea (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Equatorial Guinea
Top Destination
China$1.37B

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

In 2023, countries that imported more from Canada than Equatorial Guinea included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, countries that imported more from Equatorial Guinea than Canada included Sao Tome and Principe ($1.6M).

Difference in imports from Equatorial Guinea (Flag) and Canada (Flag) (2023)

Comparative Advantage Canada - Equatorial Guinea

Flow
Scale

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

During 2023, Canada had a large net trade with Equatorial Guinea in the exports of Machines ($3.83M), Animal Products ($2.17M), and Transportation ($95.5k).

During 2018, Equatorial Guinea had a large net trade with Canada in the exports of Chemical Products ($15.6M), Machines ($1.42k), and Arts and Antiques ($204).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Equatorial Guinea+$446kCars
Top Product Potential Equatorial Guinea Canada+$20.1MPetroleum Gas

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

Product Space of Canada (Flag) and Equatorial Guinea (Flag) (2023)

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