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Pricing

2022
Flag → Flag
Exports $18.6MRnk 168 / 223
2022
Flag → Flag
Top Product $6.62MBeer
2022
Flag → Flag
Exports $330MRnk 8 / 63
2022
Flag → Flag
Top Product $303MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

Germany-Equatorial Guinea Trade: In 2022, Germany exported $18.6M to Equatorial Guinea. The main products that Germany exported to Equatorial Guinea were Beer ($6.62M), Flavored Water ($3.91M), and Other Heating Machinery ($944k). Over the past 5 years the exports of Germany to Equatorial Guinea have increased at an annualized rate of 2.35%, from $16.6M in 2017 to $18.6M in 2022.

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

Equatorial Guinea-Germany Trade: In 2022, Equatorial Guinea exported $330M to Germany. The main products that Equatorial Guinea exported to Germany were Crude Petroleum ($303M), Acyclic Alcohols ($27.1M), and Precious Metal Scraps ($209k). Over the past 5 years the exports of Equatorial Guinea to Germany have increased at an annualized rate of 27.3%,  from $99M in 2017 to $330M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €1.07M and imported €9.33M from Equatorial Guinea, resulting in a negative trade balance of €8.26M. Between August 2023 and August 2024 the exports of Germany have decreased by €-337k (-24%) from €1.4M to €1.07M, while imports decreased by €-686k (-6.85%) from €10M to €9.33M.

Trade In August 2024, the top exports of Germany to Equatorial Guinea were Beer (€156k), Meat and meat products (€69k), Perfumes and toilet preparations (€32k), Motor cars and motor caravans (€30k), and Other machinery (€22k). In August 2024 the top imports of Germany from Equatorial Guinea were Other prefabricated chemicals (€8.79M) and Petroleum oil and petroleum gases (€369k).

Origins In August 2024 the exports of Germany were mainly from Hamburg (€583k), Lower Saxony (€113k), Baden-Württemberg (€96k), North Rhine-Westphalia (€13k), and Schleswig-Holstein (€6k), while imports destinations were mainly Rhineland-Pfalz (€8.38M), North Rhine-Westphalia (€947k), and Bavaria (€2k).

Growth In August 2024, the decrease in Germany's year-by-year exports to Equatorial Guinea was explained primarily by an decrease in product exports in Meat and meat products (€-121k or -63.7%), Beer (€-53k or -25.4%), and Measuring and automatical control instruments (€-28k or -96.6%). In August 2024, the decrease in Germany's year-by-year imports  from Equatorial Guinea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-337k(-24%)
IMPORT GROWTH (August 2023 - August 2024)€-686k(-6.85%)
MAIN EXPORTER (August 2024)Hamburg€583k

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Equatorial Guinea and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Equatorial Guinea and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $18.6M to Equatorial Guinea. The main products exported from Germany to Equatorial Guinea were Beer ($6.62M), Flavored Water ($3.91M), and Other Heating Machinery ($944k). During the last 5 years the exports of Germany to Equatorial Guinea have increased at an annualized rate of 2.35%, from $16.6M in 2017 to $18.6M in 2022.

In 2017, Equatorial Guinea exported $330M to Germany. The main products exported from Equatorial Guinea to Germany were Crude Petroleum ($303M), Acyclic Alcohols ($27.1M), and Precious Metal Scraps ($209k). During the last 5 years the exports of Equatorial Guinea to Germany have increased at an annualized rate of 27.3%, from $99M in 2022 to $330M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Equatorial Guinea
Top DestinationZambia$1.84B

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

In 2022, countries that imported more from Germany than Equatorial Guinea included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Equatorial Guinea than Germany included Zambia ($1.84B) and Sao Tome and Principe ($1.38M).

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

Comparative Advantage Germany - Equatorial Guinea

Flow
Scale

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

During 2022, Germany had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($11.1M), Machines ($2.9M), and Animal Products ($1.56M).

During 2017, Equatorial Guinea had a large net trade with Germany in the exports of Mineral Products ($303M), Chemical Products ($27.1M), and Precious Metals ($209k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Equatorial Guinea+$959kCars
Top Product Potential Equatorial Guinea Germany+$105MCrude 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 Germany and Equatorial Guinea. This means that a dot/product with the flag of Germany 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 Germany.

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

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