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Pricing

2022
Flag → Flag
Exports $13.2MRnk 21 / 63
2022
Flag → Flag
Top Product $13.2MPetroleum Gas
2022
Flag → Flag
Exports $15MRnk 158 / 222
2022
Flag → Flag
Top Product $3.83MCars
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC $7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Equatorial Guinea-Belgium Trade: In 2022, Equatorial Guinea exported $13.2M to Belgium. The main products that Equatorial Guinea exported to Belgium were Petroleum Gas ($13.2M), Coffee ($26k), and Refined Petroleum ($15.9k). Over the past 5 years the exports of Equatorial Guinea to Belgium have increased at an annualized rate of 178%, from $79k in 2017 to $13.2M in 2022.

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

Belgium-Equatorial Guinea Trade: In 2022, Belgium exported $15M to Equatorial Guinea. The main products that Belgium exported to Equatorial Guinea were Cars ($3.83M), Malt ($2.23M), and Refined Petroleum ($1.73M). Over the past 5 years the exports of Belgium to Equatorial Guinea have decreased at an annualized rate of 3.01%,  from $17.5M in 2017 to $15M in 2022.

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

Comparison In 2022,  Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Equatorial Guinea exported $13.2M to Belgium. The main products exported from Equatorial Guinea to Belgium were Petroleum Gas ($13.2M), Coffee ($26k), and Refined Petroleum ($15.9k). During the last 5 years the exports of Equatorial Guinea to Belgium have increased at an annualized rate of 178%, from $79k in 2017 to $13.2M in 2022.

In 2017, Belgium exported $15M to Equatorial Guinea. The main products exported from Belgium to Equatorial Guinea were Cars ($3.83M), Malt ($2.23M), and Refined Petroleum ($1.73M). During the last 5 years the exports of Belgium to Equatorial Guinea have decreased at an annualized rate of 3.01%, from $17.5M in 2022 to $15M in 2017.

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

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

Latest Data

Trade between Equatorial Guinea (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationZambia$1.84B
Belgium
Top DestinationGermany$91.9B

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

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

In 2022, countries that imported more from Belgium than Equatorial Guinea included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Equatorial Guinea - Belgium

Flow
Scale

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

During 2022, Equatorial Guinea had a large net trade with Belgium in the exports of Mineral Products ($13.2M), Vegetable Products ($26k), and Transportation ($8.06k).

During 2017, Belgium had a large net trade with Equatorial Guinea in the exports of Transportation ($4.35M), Vegetable Products ($2.3M), and Chemical Products ($2.11M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Belgium+$21.6MPetroleum Gas
Top Product Potential Belgium Equatorial Guinea+$1.44MRefined 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 Belgium. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Equatorial Guinea.

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

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