Colombia (COL) and Equatorial Guinea (GNQ) Trade | The Observatory of Economic Complexity

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Colombia-Equatorial Guinea Trade: In 2023, Colombia exported $174k to Equatorial Guinea. The main products that Colombia exported to Equatorial Guinea were Machinery Having Individual Functions ($55.9k), Baked Goods ($40.4k), and Confectionery Sugar ($37.3k). Over the past 5 years the exports of Colombia to Equatorial Guinea have increased at an annualized rate of 11.2%, from $102k in 2018 to $174k in 2023.

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

Equatorial Guinea-Colombia In N/A, Equatorial Guinea did not export any products to Colombia.

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

Comparison In 2023, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Colombia exported $174k to Equatorial Guinea. The main products exported from Colombia to Equatorial Guinea were Machinery Having Individual Functions ($55.9k), Baked Goods ($40.4k), and Confectionery Sugar ($37.3k). During the last 5 years the exports of Colombia to Equatorial Guinea have increased at an annualized rate of 11.2%, from $102k in 2018 to $174k in 2023.

Equatorial Guinea does not register exports to Colombia.

Exports from Colombia () to Equatorial Guinea () (2023)

Exports from Equatorial Guinea () to Colombia () (2023)

Latest Data

Trade between Colombia () and Equatorial Guinea ()

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$14.8B

Equatorial Guinea
Top DestinationChina$1.37B

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

In 2023, countries that imported more from Colombia than Equatorial Guinea included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from Equatorial Guinea than Colombia included Thailand ($220M), Indonesia ($161M), and Nigeria ($23.1M).

Difference in imports from Equatorial Guinea () and Colombia () (2023)

Comparative Advantage Colombia - Equatorial Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Colombia had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($110k), Machines ($63.3k), and Paper Goods ($8).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Colombia Equatorial Guinea+$86.1kConfectionery Sugar

Top Product Potential Equatorial Guinea Colombia+$4.38kCrude 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

Year

This visualization shows the product space at the HS4 level with the flags of Colombia and Equatorial Guinea. This means that a dot/product with the flag of Colombia 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 Colombia.

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Historical Data

Bilateral Trade by Products

Exports from Colombia () to Equatorial Guinea () (2023)

Exports from Equatorial Guinea () to Colombia () (2023)

Latest Data

Trade between Colombia () and Equatorial Guinea ()

Colombia Exports

Market Competitiveness

Difference in imports from Equatorial Guinea () and Colombia () (2023)

Comparative Advantage Colombia - Equatorial Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Colombia () and Equatorial Guinea () (2023)

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