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Pricing

2022
Flag → Flag
Exports $167MRnk 92 / 218
2022
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Top Product $18.9MBeer
2022
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Exports $1.32BRnk 2 / 63
2022
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Top Product $760MCrude Petroleum
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
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GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$7,053CURRENT US$
Rnk 90 / 186
2012-2022
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GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

Spain-Equatorial Guinea In 2022, Spain exported $167M to Equatorial Guinea. The main products that Spain exported to Equatorial Guinea are Beer ($18.9M), Flavored Water ($8.56M), and Wine ($6.46M). During the last 27 years the exports of Spain to Equatorial Guinea have increased at an annualized rate of 8.16%, from $20.1M in 1995 to $167M in 2022.

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

Equatorial Guinea-Spain In 2022, Equatorial Guinea exported $1.32B to Spain. The main products that Equatorial Guinea exported to Spain were Crude Petroleum ($760M), Petroleum Gas ($509M), and Acyclic Alcohols ($44M). During the last 27 years the exports of Equatorial Guinea to Spain have increased at an annualized rate of 18%, from $15M in 1995 to $1.32B in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €11.6M and imported €43.3M from Equatorial Guinea, resulting in a negative trade balance of €31.6M. Between January 2023 and January 2024 the exports of Spain have increased by €1.08M (10.3%) from €10.5M to €11.6M, while imports increased by €36.6M (548%) from €6.67M to €43.3M.

Trade In January 2024, the top exports of Spain to Equatorial Guinea were Beer (€979k), Flavored Water (€732k), Baked Goods (€555k), Brooms (€393k), and Fruit Juice (€381k). In January 2024 the top imports of Spain from Equatorial Guinea were Acyclic Alcohols (€6.21M), Veneer Sheets (€391k), Scrap Aluminium (€55.9k), Scrap Copper (€8.14k), and Scrap Waste (€7.52k).

Origins In January 2024 the exports of Spain were mainly from Valencia (€1.92M), Murcia (€1.63M), Madrid (€1.27M), Sevilla (€790k), and Tarragona (€754k), while imports destinations were mainly Huelva (€37.9M), Madrid (€4.84M), Barcelona (€386k), Valencia (€104k), and Pontevedra (€28.1k).

Growth In January 2024, the increase in Spain's year-by-year exports to Equatorial Guinea was explained primarily by an increase in product exports in Baked Goods (€191k or 52.5%), Motor vehicles; parts and accessories (8701... (€159k or 78.7%), and Rubber Tires (€137k or 20.7k%). In January 2024, the increase in Spain's year-by-year imports  from Equatorial Guinea was explained primarily by an increase in product imports  in Acyclic Alcohols (€3.85M or 163%) and Commodities not elsewhere specified (€24.7 or 247%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€1.08M(10.3%)
IMPORT GROWTH (January 2023 - January 2024)€36.6M(548%)
MAIN EXPORTER (January 2024)Valencia€1.92M

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

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

For full datasets download visit Bulk Download page.

Explore Equatorial Guinea and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $167M to Equatorial Guinea. The main products exported from Spain to Equatorial Guinea were Beer ($18.9M), Flavored Water ($8.56M), and Wine ($6.46M). During the last 27 years the exports of Spain to Equatorial Guinea have increased at an annualized rate of 8.16%, from $20.1M in 1995 to $167M in 2022.

In 2022, Equatorial Guinea exported $1.32B to Spain. The main products exported from Equatorial Guinea to Spain were Crude Petroleum ($760M), Petroleum Gas ($509M), and Acyclic Alcohols ($44M). During the last 27 years the exports of Equatorial Guinea to Spain have increased at an annualized rate of 18%, from $15M in 1995 to $1.32B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Equatorial Guinea
Top DestinationZambia$1.84B

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

In 2021, countries that imported more from Spain than Equatorial Guinea were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Equatorial Guinea than Spain were Zambia ($1.84B).

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

Comparative Advantage Spain - Equatorial Guinea

Flow
Scale

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

During 2022, Spain had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($60.9M), Machines ($18.3M), and Chemical Products ($15.5M).

During 2022, Equatorial Guinea had a large net trade with Spain in the exports of Mineral Products ($1.27B), Chemical Products ($44M), and Metals ($2.31M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Equatorial Guinea. Similarly, the more yellow a dot/product is, the more Equatorial Guinea has comparative advantage over Spain.

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

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