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Pricing

2022
Flag → Flag
Exports $29.5MRnk 149 / 224
2022
Flag → Flag
Top Product $4.62MPoultry Meat
2022
Flag → Flag
Exports $33kRnk 40 / 63
2022
Flag → Flag
Top Product $19.6kChemical Analysis Instruments
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

United Kingdom-Equatorial Guinea Trade: In 2022, United Kingdom exported $29.5M to Equatorial Guinea. The main products that United Kingdom exported to Equatorial Guinea were Poultry Meat ($4.62M), Hard Liquor ($1.86M), and Valves ($1.79M). Over the past 5 years the exports of United Kingdom to Equatorial Guinea have decreased at an annualized rate of 1.85%, from $32.4M in 2017 to $29.5M in 2022.

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

Equatorial Guinea-United Kingdom Trade: In 2022, Equatorial Guinea exported $33k to United Kingdom. The main products that Equatorial Guinea exported to United Kingdom were Chemical Analysis Instruments ($19.6k), Other Measuring Instruments ($3.21k), and Computers ($2.92k). Over the past 5 years the exports of Equatorial Guinea to United Kingdom have decreased at an annualized rate of 77.9%,  from $63.1M in 2017 to $33k in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). 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, United Kingdom exported £3.06M and imported £62.3k from Equatorial Guinea, resulting in a positive trade balance of £2.99M. Between August 2023 and August 2024 the exports of United Kingdom have decreased by £-490k (-13.8%) from £3.55M to £3.06M, while imports decreased by £-756k (-92.4%) from £818k to £62.3k.

Trade In August 2024, the top exports of United Kingdom to Equatorial Guinea were Gas Turbines (£616k), Poultry Meat (£263k), Valves (£237k), Low-voltage Protection Equipment (£159k), and Rubber Pipes (£101k). In August 2024 the top imports of United Kingdom from Equatorial Guinea were Iron Gas Containers (£216k), Iron Sheet Piling (£173k), Other Engines (£130k), Motor-working Tools (£92.8k), and Machinery Having Individual Functions (£80.7k).

Origins In August 2024 the exports of United Kingdom were mainly from Aberdeen Airport (£1.14M), London (£584k), London Heathrow Airport (£512k), London Gateway (£264k), and Tyne (£255k), while imports destinations were mainly East Midlands Airport (£37.8k) and Aberdeen Airport (£24.5k).

Growth In August 2024, the decrease in United Kingdom's year-by-year exports to Equatorial Guinea was explained primarily by an decrease in product exports in Used Clothing (£-84.9k or -73.7%), Rubber Pipes (£-59.8k or -37.3%), and Oscilloscopes (£-13.1k or -92.5%). In August 2024, the decrease in United Kingdom's year-by-year imports  from Equatorial Guinea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£-490k(-13.8%)
IMPORT GROWTH (August 2023 - August 2024)£-756k(-92.4%)
MAIN EXPORTER (August 2024)Aberdeen Airport£1.14M

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

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

For full datasets download visit Bulk Download page.

Explore Equatorial Guinea and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $29.5M to Equatorial Guinea. The main products exported from United Kingdom to Equatorial Guinea were Poultry Meat ($4.62M), Hard Liquor ($1.86M), and Valves ($1.79M). During the last 5 years the exports of United Kingdom to Equatorial Guinea have decreased at an annualized rate of 1.85%, from $32.4M in 2017 to $29.5M in 2022.

In 2017, Equatorial Guinea exported $33k to United Kingdom. The main products exported from Equatorial Guinea to United Kingdom were Chemical Analysis Instruments ($19.6k), Other Measuring Instruments ($3.21k), and Computers ($2.92k). During the last 5 years the exports of Equatorial Guinea to United Kingdom have decreased at an annualized rate of 77.9%, from $63.1M in 2022 to $33k in 2017.

Exports from United Kingdom (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Equatorial Guinea
Top DestinationZambia$1.84B

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

In 2022, countries that imported more from United Kingdom than Equatorial Guinea included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Equatorial Guinea than United Kingdom included Zambia ($1.84B).

Difference in imports from Equatorial Guinea (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Equatorial Guinea

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Equatorial Guinea in the exports of Machines ($10.5M), Animal Products ($4.72M), and Instruments ($2.82M).

During 2017, Equatorial Guinea had a large net trade with United Kingdom in the exports of Instruments ($22.8k), Textiles ($4.01k), and Machines ($2.92k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Equatorial Guinea+$1.49MGas Turbines
Top Product Potential Equatorial Guinea United Kingdom+$61.7kChemical Analysis Instruments

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

Product Space of United Kingdom (Flag) and Equatorial Guinea (Flag) (2022)

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