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Pricing

2022
Flag → Flag
Exports $3.02MRnk 26 / 63
2022
Flag → Flag
Top Product $2.91MScrap Vessels
2022
Flag → Flag
Exports $49.1MRnk 144 / 219
2022
Flag → Flag
Top Product $10.6MCement
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 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$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Equatorial Guinea-Turkey Trade: In 2022, Equatorial Guinea exported $3.02M to Turkey. The main products that Equatorial Guinea exported to Turkey were Scrap Vessels ($2.91M), Scrap Aluminium ($51.1k), and Rough Wood ($51.1k). Over the past 5 years the exports of Equatorial Guinea to Turkey have increased at an annualized rate of 104%, from $86.4k in 2017 to $3.02M in 2022.

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

Turkey-Equatorial Guinea Trade: In 2022, Turkey exported $49.1M to Equatorial Guinea. The main products that Turkey exported to Equatorial Guinea were Cement ($10.6M), Wheat Flours ($9.51M), and Raw Iron Bars ($8.46M). Over the past 5 years the exports of Turkey to Equatorial Guinea have increased at an annualized rate of 17.3%,  from $22.1M in 2017 to $49.1M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Equatorial Guinea exported $3.02M to Turkey. The main products exported from Equatorial Guinea to Turkey were Scrap Vessels ($2.91M), Scrap Aluminium ($51.1k), and Rough Wood ($51.1k). During the last 5 years the exports of Equatorial Guinea to Turkey have increased at an annualized rate of 104%, from $86.4k in 2017 to $3.02M in 2022.

In 2017, Turkey exported $49.1M to Equatorial Guinea. The main products exported from Turkey to Equatorial Guinea were Cement ($10.6M), Wheat Flours ($9.51M), and Raw Iron Bars ($8.46M). During the last 5 years the exports of Turkey to Equatorial Guinea have increased at an annualized rate of 17.3%, from $22.1M in 2022 to $49.1M in 2017.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationZambia$1.84B
Turkey
Top DestinationGermany$21.9B

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

In 2022, countries that imported more from Equatorial Guinea than Turkey included Zambia ($1.84B).

In 2022, countries that imported more from Turkey than Equatorial Guinea included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Equatorial Guinea - Turkey

Flow
Scale

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

During 2022, Equatorial Guinea had a large net trade with Turkey in the exports of Transportation ($2.91M), Metals ($51.1k), and Wood Products ($51.1k).

During 2017, Turkey had a large net trade with Equatorial Guinea in the exports of Mineral Products ($11.6M), Metals ($9.88M), and Vegetable Products ($9.52M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Turkey+$128kRough Wood
Top Product Potential Turkey Equatorial Guinea+$914kRefined 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 Turkey. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Equatorial Guinea.

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

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