2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP
$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH
-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
GDP PC 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC
$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH
-62.4%CURRENT US$
Rnk 186 / 186

About

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.

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 66.1%,  from $86.4k in 2017 to $3.02M in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $49.1M in 2022.

In 2017, 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 66.1%, from $86.4k in 2022 to $3.02M in 2017.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Equatorial Guinea
Top Destination
Zambia$1.84B

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

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

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

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

Comparative Advantage Turkey - Equatorial Guinea

Flow
Scale

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

During 2022, 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).

During 2017, Equatorial Guinea had a large net trade with Turkey in the exports of Transportation ($2.91M), Metals ($51.1k), and Wood Products ($51.1k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with