China / Equatorial Guinea

Overview In February 2024, China exported $18.6M and imported $117M from Equatorial Guinea, resulting in a negative trade balance of $98.8M. Between February 2023 and February 2024 the exports of China have increased by $10.2M (121%) from $8.44M to $18.6M, while imports increased by $896k (0.77%) from $116M to $117M.

Trade In February 2024, the top exports of China to Equatorial Guinea were Ceramic Bricks ($2.47M), Other Measuring Instruments ($1.09M), Air Pumps ($984k), Iron Nails ($709k), and Unglazed Ceramics ($694k). In February 2024 the top imports of China from Equatorial Guinea were Crude Petroleum ($40M), Rough Wood ($3.89M), Sawn Wood ($968k), Veneer Sheets ($613k), and Commodities not elsewhere specified ($2.49k).

Origins In February 2024 the exports of China were mainly from Shandong Province ($7.82M), Zhejiang Province ($3.27M), Beijing ($1.34M), Guangxi Zhuang Autonomous Region ($1.24M), and Fujian Province ($1.09M), while imports destinations were mainly Beijing ($74.4M), Fujian Province ($39.2M), Zhejiang Province ($2.54M), Jiangsu Province ($690k), and Shandong Province ($548k).

Growth In February 2024, the increase in China's year-by-year exports to Equatorial Guinea was explained primarily by an increase in product exports in Ceramic Bricks ($2.3M or 1.35k%), Other Measuring Instruments ($1.08M or 53.4k%), and Air Pumps ($728k or 284%). In February 2024, the increase in China's year-by-year imports  from Equatorial Guinea was explained primarily by an increase in product imports  in Veneer Sheets ($537k or 708%), Sawn Wood ($457k or 89.5%), and Commodities not elsewhere specified ($2.48k or 31k%).