2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC 
$6,678CURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC
$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Equatorial Guinea-Denmark Trade: In 2023, Equatorial Guinea exported $44.6k to Denmark. The main products that Equatorial Guinea exported to Denmark were Machinery Having Individual Functions ($24.1k), Electrical Transformers ($4.25k), and Lubricating Products ($3.62k). Over the past 10 years the exports of Equatorial Guinea to Denmark have increased at an annualized rate of 9.47%, from $18k in 2013 to $44.6k in 2023.

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

Denmark-Equatorial Guinea Trade: In 2023, Denmark exported $1.02M to Equatorial Guinea. The main products that Denmark exported to Equatorial Guinea were Poultry Meat ($304k), Aircraft parts (gliders, balloons, and powered aircraft) ($121k), and Refrigerators ($99.5k). Over the past 10 years the exports of Denmark to Equatorial Guinea have increased at an annualized rate of 2.63%,  from $892k in 2013 to $1.02M in 2023.

In 2023, Denmark 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, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $44.6k to Denmark. The main products exported from Equatorial Guinea to Denmark were Machinery Having Individual Functions ($24.1k), Electrical Transformers ($4.25k), and Lubricating Products ($3.62k). During the last 10 years the exports of Equatorial Guinea to Denmark have increased at an annualized rate of 9.47%, from $18k in 2013 to $44.6k in 2023.

In 2018, Denmark exported $1.02M to Equatorial Guinea. The main products exported from Denmark to Equatorial Guinea were Poultry Meat ($304k), Aircraft parts (gliders, balloons, and powered aircraft) ($121k), and Refrigerators ($99.5k). During the last 5 years the exports of Denmark to Equatorial Guinea have increased at an annualized rate of 2.63%, from $892k in 2023 to $1.02M in 2018.

Exports from Equatorial Guinea (Flag) to Denmark (Flag) (2023)

Exports from Denmark (Flag) to Equatorial Guinea (Flag) (2023)

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
Denmark
Top Destination
Germany$14.8B

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

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

In 2023, countries that imported more from Denmark than Equatorial Guinea included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

Difference in imports from Denmark (Flag) and Equatorial Guinea (Flag) (2023)

Comparative Advantage Equatorial Guinea - Denmark

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Denmark in the exports of Machines ($31.6k), Plastics and Rubbers ($4.14k), and Chemical Products ($3.62k).

During 2018, Denmark had a large net trade with Equatorial Guinea in the exports of Machines ($368k), Animal Products ($304k), and Transportation ($121k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Denmark+$60kMachinery Having Individual Functions
Top Product Potential Denmark Equatorial Guinea+$146kPoultry Meat

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 Denmark. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Equatorial Guinea.

Product Space of Equatorial Guinea (Flag) and Denmark (Flag) (2023)

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