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Pricing

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

About

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 23.5%, from $26.7M in 2018 to $7.01M in 2023.

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

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.

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 Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 23.5%, from $26.7M in 2018 to $7.01M in 2023.

In 2018, 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 2023 to $49.3M in 2018.

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

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

Latest Data

Trade between Equatorial Guinea (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Equatorial Guinea - United Kingdom

Flow
Scale

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

During 2023, 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).

During 2018, 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).

Potential Exports

Potential Exports

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

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

Product Space of Equatorial Guinea (Flag) and United Kingdom (Flag) (2023)

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