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Pricing

2022
Flag → Flag
Exports $8.58kRnk 45 / 63
2022
Flag → Flag
Top Product $7.91kSpices
2022
Flag → Flag
Exports $340MRnk 71 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 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$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 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$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Equatorial Guinea-Kuwait Trade: In 2022, Equatorial Guinea exported $8.58k to Kuwait. The main products that Equatorial Guinea exported to Kuwait were Spices ($7.91k) and Processed Crustaceans ($665). Over the past 5 years the exports of Equatorial Guinea to Kuwait have decreased at an annualized rate of 4.8%, from $11k in 2017 to $8.58k in 2022.

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

Kuwait-Equatorial Guinea In N/A, Kuwait did not export any products to Equatorial Guinea.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Equatorial Guinea exported $8.58k to Kuwait. The main products exported from Equatorial Guinea to Kuwait were Spices ($7.91k) and Processed Crustaceans ($665). During the last 5 years the exports of Equatorial Guinea to Kuwait have decreased at an annualized rate of 4.8%, from $11k in 2017 to $8.58k in 2022.

Kuwait does not register exports to Equatorial Guinea.

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

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

Market Competitiveness

Color
Equatorial Guinea
Top DestinationZambia$1.84B
Kuwait
Top DestinationChina$24.3B

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

In 2022, countries that imported more from Equatorial Guinea than Kuwait included Zambia ($1.84B), Spain ($1.32B), and Chile ($413M).

In 2022, countries that imported more from Kuwait than Equatorial Guinea included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Equatorial Guinea - Kuwait

Flow
Scale

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

During 2022, Equatorial Guinea had a large net trade with Kuwait in the exports of Vegetable Products ($7.91k) and Foodstuffs ($665).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Kuwait+$5.52kSpices
Top Product Potential Kuwait Equatorial Guinea+$2.52kRefined 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 Kuwait. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Equatorial Guinea.

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

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