2022
Flag  
GDP
$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
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GDP GROWTH
-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 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
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GDP PC
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Equatorial Guinea-Russia Trade: In 2021, Equatorial Guinea exported $5.61k to Russia. The main products that Equatorial Guinea exported to Russia were N/A. Over the past 9 years the exports of Equatorial Guinea to Russia have decreased at an annualized rate of 9.67%, from $14k in 2012 to $5.61k in 2021.

In 2021, Equatorial Guinea did not export any services to Russia.

Russia-Equatorial Guinea Trade: In 2021, Russia exported $1.58M to Equatorial Guinea. The main products that Russia exported to Equatorial Guinea were N/A. Over the past 9 years the exports of Russia to Equatorial Guinea have increased at an annualized rate of 2.81%,  from $1.37M in 2012 to $1.58M in 2021.

In 2020, Russia exported services to Equatorial Guinea worth $131k, with Other business services ($97k), Financial services ($27k), and Transportation ($7k) being the largest in terms of value.

Comparison In 2022,  Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Equatorial Guinea exported $5.61k to Russia. There were not main exports from Equatorial Guinea to Russia in 2021. During the last 9 years the exports of Equatorial Guinea to Russia have decreased at an annualized rate of 9.67%, from $14k in 2012 to $5.61k in 2021.

In 2016, Russia exported $1.58M to Equatorial Guinea. There were not main exports from Russia to Equatorial Guinea in 2016. During the last 5 years the exports of Russia to Equatorial Guinea have increased at an annualized rate of 2.81%, from $1.37M in 2021 to $1.58M in 2016.

Exports from Equatorial Guinea (Flag) to Russia (Flag) (2021)

Exports from Russia (Flag) to Equatorial Guinea (Flag) (2021)

Latest Data

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

Russia Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
Zambia$1.84B
Russia
Top Destination
China$101B

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

In 2022, countries that imported more from Equatorial Guinea than Russia included Zambia ($1.84B), Chile ($413M), and Sao Tome and Principe ($1.38M).

In 2022, countries that imported more from Russia than Equatorial Guinea included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Equatorial Guinea - Russia

Flow
Scale

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

During 2021, Equatorial Guinea had a large net trade with Russia in the exports of .

During 2016, Russia had a large net trade with Equatorial Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Russia+$5.05kPackaged Medicaments
Top Product Potential Russia Equatorial Guinea+$3.65kRefined 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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Bilateral Service Trade

In 2020, Russia exported services to Equatorial Guinea worth $131k, with Other business services ($97k), Financial services ($27k), and Transportation ($7k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Equatorial Guinea (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Equatorial Guinea and Russia. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Equatorial Guinea.

Product Space of Equatorial Guinea (Flag) and Russia (Flag) (2021)

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