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Pricing

2023
Flag → Flag
Exports $49.3MRnk 129 / 223
2023
Flag → Flag
Top Product $7.37MPoultry Meat
2023
Flag → Flag
Exports $7.01MRnk 23 / 76
2023
Flag → Flag
Top Product $5.94MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195

About

United Kingdom-Equatorial Guinea Trade: In 2023, United Kingdom exported $49.3M to Equatorial Guinea. The main products that United Kingdom exported to Equatorial Guinea were Poultry Meat ($7.37M), Valves ($6.71M), and Reaction and Catalytic Products ($2.94M). Over the past 5 years the exports of United Kingdom to Equatorial Guinea have increased at an annualized rate of 7.05%, from $35.1M in 2018 to $49.3M in 2023.

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

Equatorial Guinea-United Kingdom Trade: In 2023, Equatorial Guinea exported $7.01M to United Kingdom. The main products that Equatorial Guinea exported to United Kingdom were Petroleum Gas ($5.94M), Alcohol > 80% ABV ($1.05M), and Gas and Liquid Flow Measuring Instruments ($8.93k). Over the past 5 years the exports of Equatorial Guinea to United Kingdom have decreased at an annualized rate of 12.5%,  from $26.7M in 2018 to $7.01M in 2023.

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

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £4.09M and imported £16.5k from Equatorial Guinea, resulting in a positive trade balance of £4.07M. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-1.68M (-29.1%) from £5.77M to £4.09M, while imports increased by £1.31k (8.6%) from £15.2k to £16.5k.

Trade In November 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 November 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 November 2024 the exports of United Kingdom were mainly from Aberdeen (£2.93M), London (£486k), London Gateway (£375k), Aberdeen Airport (£79.6k), and London Heathrow Airport (£79k), while imports destinations were mainly London Heathrow Airport (£11.6k) and Aberdeen Airport (£4.87k).

Growth In November 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 November 2024, the increase in United Kingdom's year-by-year imports  from Equatorial Guinea was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£-1.68M(-29.1%)
IMPORT GROWTH (November 2023 - November 2024)£1.31k(8.6%)
MAIN EXPORTER (November 2024)Aberdeen£2.93M

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 2023, United Kingdom exported $49.3M to Equatorial Guinea. The main products exported from United Kingdom to Equatorial Guinea were Poultry Meat ($7.37M), Valves ($6.71M), and Reaction and Catalytic Products ($2.94M). During the last 5 years the exports of United Kingdom to Equatorial Guinea have increased at an annualized rate of 7.05%, from $35.1M in 2018 to $49.3M in 2023.

In 2018, Equatorial Guinea exported $7.01M to United Kingdom. The main products exported from Equatorial Guinea to United Kingdom were Petroleum Gas ($5.94M), Alcohol > 80% ABV ($1.05M), and Gas and Liquid Flow Measuring Instruments ($8.93k). During the last 5 years the exports of Equatorial Guinea to United Kingdom have decreased at an annualized rate of 12.5%, from $26.7M in 2023 to $7.01M in 2018.

Exports from United Kingdom (Flag) to Equatorial Guinea (Flag) (2023)

Exports from Equatorial Guinea (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Equatorial Guinea
Top DestinationChina$1.37B

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 2023, countries that imported more from United Kingdom than Equatorial Guinea included United States ($59.7B), Germany ($34.6B), and China ($35.3B).

In 2023, countries that imported more from Equatorial Guinea than United Kingdom included Sao Tome and Principe ($1.6M).

Difference in imports from Equatorial Guinea (Flag) and United Kingdom (Flag) (2023)

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 2023, United Kingdom had a large net trade with Equatorial Guinea in the exports of Machines ($22.2M), Animal Products ($7.79M), and Chemical Products ($5.53M).

During 2018, Equatorial Guinea had a large net trade with United Kingdom in the exports of Mineral Products ($5.94M), Foodstuffs ($1.05M), and Instruments ($16.3k).

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) (2023)

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