2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 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
$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

Equatorial Guinea-South Africa Trade: In 2023, Equatorial Guinea exported $3.47M to South Africa. The main products that Equatorial Guinea exported to South Africa were Petroleum Gas ($3.09M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($222k), and Interchangeable Tool Parts ($155k). Over the past 5 years the exports of Equatorial Guinea to South Africa have decreased at an annualized rate of 30.7%, from $21.7M in 2018 to $3.47M in 2023.

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

South Africa-Equatorial Guinea Trade: In 2023, South Africa exported $1.6M to Equatorial Guinea. The main products that South Africa exported to Equatorial Guinea were Apples and Pears ($302k), Ball Bearings ($221k), and Video Recording Equipment ($165k). Over the past 5 years the exports of South Africa to Equatorial Guinea have increased at an annualized rate of 4.38%,  from $1.29M in 2018 to $1.6M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $3.47M to South Africa. The main products exported from Equatorial Guinea to South Africa were Petroleum Gas ($3.09M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($222k), and Interchangeable Tool Parts ($155k). During the last 5 years the exports of Equatorial Guinea to South Africa have decreased at an annualized rate of 30.7%, from $21.7M in 2018 to $3.47M in 2023.

In 2018, South Africa exported $1.6M to Equatorial Guinea. The main products exported from South Africa to Equatorial Guinea were Apples and Pears ($302k), Ball Bearings ($221k), and Video Recording Equipment ($165k). During the last 5 years the exports of South Africa to Equatorial Guinea have increased at an annualized rate of 4.38%, from $1.29M in 2023 to $1.6M in 2018.

Exports from Equatorial Guinea (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Equatorial Guinea (Flag) (2023)

Latest Data

Trade between Equatorial Guinea (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
South Africa
Top Destination
China$29.5B

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

In 2023, countries that imported more from Equatorial Guinea than South Africa included Chile ($137M), El Salvador ($27M), and Sao Tome and Principe ($1.6M).

In 2023, countries that imported more from South Africa than Equatorial Guinea included China ($29.5B), United States ($13B), and India ($10.8B).

Difference in imports from South Africa (Flag) and Equatorial Guinea (Flag) (2023)

Comparative Advantage Equatorial Guinea - South Africa

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with South Africa in the exports of Mineral Products ($3.09M), Chemical Products ($222k), and Metals ($155k).

During 2018, South Africa had a large net trade with Equatorial Guinea in the exports of Machines ($666k), Vegetable Products ($316k), and Instruments ($226k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea South Africa+$6.84kCrude Petroleum
Top Product Potential South Africa Equatorial Guinea+$202kRefined 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 South Africa. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Equatorial Guinea.

Product Space of Equatorial Guinea (Flag) and South Africa (Flag) (2023)

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