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2023
Flag → Flag
Exports $220MRnk 7 / 76
2023
Flag → Flag
Top Product $220MPetroleum Gas
2023
Flag → Flag
Exports $8.29MRnk 166 / 216
2023
Flag → Flag
Top Product $7.32MRice
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 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$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 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$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Equatorial Guinea-Thailand Trade: In 2023, Equatorial Guinea exported $220M to Thailand. The main products that Equatorial Guinea exported to Thailand were Petroleum Gas ($220M). Over the past 5 years the exports of Equatorial Guinea to Thailand have increased at an annualized rate of 24.2%, from $74.6M in 2018 to $220M in 2023.

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

Thailand-Equatorial Guinea Trade: In 2023, Thailand exported $8.29M to Equatorial Guinea. The main products that Thailand exported to Equatorial Guinea were Rice ($7.32M), Refractory Bricks ($482k), and Raw Sugar ($136k). Over the past 5 years the exports of Thailand to Equatorial Guinea have decreased at an annualized rate of 6.92%,  from $11.9M in 2018 to $8.29M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $220M to Thailand. The main products exported from Equatorial Guinea to Thailand were Petroleum Gas ($220M). During the last 5 years the exports of Equatorial Guinea to Thailand have increased at an annualized rate of 24.2%, from $74.6M in 2018 to $220M in 2023.

In 2018, Thailand exported $8.29M to Equatorial Guinea. The main products exported from Thailand to Equatorial Guinea were Rice ($7.32M), Refractory Bricks ($482k), and Raw Sugar ($136k). During the last 5 years the exports of Thailand to Equatorial Guinea have decreased at an annualized rate of 6.92%, from $11.9M in 2023 to $8.29M in 2018.

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

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

Latest Data

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

Thailand Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationChina$1.37B
Thailand
Top DestinationUnited States$58.5B

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

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

In 2023, countries that imported more from Thailand than Equatorial Guinea included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Equatorial Guinea - Thailand

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Thailand in the exports of Mineral Products ($220M).

During 2018, Thailand had a large net trade with Equatorial Guinea in the exports of Vegetable Products ($7.32M), Stone And Glass ($483k), and Foodstuffs ($291k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Thailand+$56.3MCrude Petroleum
Top Product Potential Thailand Equatorial Guinea+$43.1kUncoated Paper

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

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

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