2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
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GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
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GDP PC 
$6,678CURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC
$49,041CURRENT US$
Rnk 27 / 196
2013-2023
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GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195

About

Equatorial Guinea-United Arab Emirates Trade: In 2023, Equatorial Guinea exported $2.45M to United Arab Emirates. The main products that Equatorial Guinea exported to United Arab Emirates were Rough Wood ($851k), Scrap Copper ($669k), and Sawn Wood ($437k). Over the past 5 years the exports of Equatorial Guinea to United Arab Emirates have decreased at an annualized rate of 44.3%, from $45.7M in 2018 to $2.45M in 2023.

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

United Arab Emirates-Equatorial Guinea Trade: In 2023, United Arab Emirates exported $30.9M to Equatorial Guinea. The main products that United Arab Emirates exported to Equatorial Guinea were Cars ($5.3M), Motor vehicles; parts and accessories (8701 to 8705) ($3.18M), and Refined Petroleum ($2.05M). Over the past 5 years the exports of United Arab Emirates to Equatorial Guinea have increased at an annualized rate of 7.61%,  from $21.4M in 2018 to $30.9M in 2023.

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

Comparison In 2023,  Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index. That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $2.45M to United Arab Emirates. The main products exported from Equatorial Guinea to United Arab Emirates were Rough Wood ($851k), Scrap Copper ($669k), and Sawn Wood ($437k). During the last 5 years the exports of Equatorial Guinea to United Arab Emirates have decreased at an annualized rate of 44.3%, from $45.7M in 2018 to $2.45M in 2023.

In 2018, United Arab Emirates exported $30.9M to Equatorial Guinea. The main products exported from United Arab Emirates to Equatorial Guinea were Cars ($5.3M), Motor vehicles; parts and accessories (8701 to 8705) ($3.18M), and Refined Petroleum ($2.05M). During the last 5 years the exports of United Arab Emirates to Equatorial Guinea have increased at an annualized rate of 7.61%, from $21.4M in 2023 to $30.9M in 2018.

Exports from Equatorial Guinea (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Equatorial Guinea (Flag) (2023)

Latest Data

Trade between Equatorial Guinea (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
United Arab Emirates
Top Destination
China$40.2B

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

In 2023, countries that imported more from Equatorial Guinea than United Arab Emirates included Chile ($137M), El Salvador ($27M), and Sao Tome and Principe ($1.6M).

In 2023, countries that imported more from United Arab Emirates than Equatorial Guinea included China ($40.2B), India ($38.2B), and Japan ($37.4B).

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

Comparative Advantage Equatorial Guinea - United Arab Emirates

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with United Arab Emirates in the exports of Wood Products ($1.29M), Metals ($1.16M), and Mineral Products ($1.02k).

During 2018, United Arab Emirates had a large net trade with Equatorial Guinea in the exports of Transportation ($9.62M), Machines ($7.4M), and Chemical Products ($5.13M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea United Arab Emirates+$110kRough Wood
Top Product Potential United Arab Emirates Equatorial Guinea+$1.25MRefined 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 Equatorial Guinea and United Arab Emirates. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Equatorial Guinea.

Product Space of Equatorial Guinea (Flag) and United Arab Emirates (Flag) (2023)

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