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Exports In 2022, Equatorial Guinea exported $148M in Cars, making it the 58th largest exporter of Cars in the world. At the same year, Cars was the 4th most exported product in Equatorial Guinea. The main destination of Cars exports from Equatorial Guinea are: Zambia ($148M), Spain ($212k), Sao Tome and Principe ($13.2k), and Belgium ($8.06k).

The fastest growing export markets for Cars of Equatorial Guinea between 2021 and 2022 were Zambia ($148M) and Belgium ($8.06k).

Imports In 2022, Equatorial Guinea imported $11.5M in Cars, becoming the 189th largest importer of Cars in the world. At the same year, Cars was the 30th most imported product in Equatorial Guinea. Equatorial Guinea imports Cars primarily from: Belgium ($3.83M), Spain ($2.81M), United Arab Emirates ($2.75M), United States ($841k), and Zambia ($344k).

The fastest growing import markets in Cars for Equatorial Guinea between 2021 and 2022 were Belgium ($426k), Zambia ($344k), and China ($113k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$148M
IMPORTS (2022)$11.5M
NET TRADE (2022)$137M

In 2022, Equatorial Guinea exported $148M in Cars. The main destinations of Equatorial Guinea exports on Cars were Zambia ($148M), Spain ($212k), Sao Tome and Principe ($13.2k), and Belgium ($8.06k).

In 2022, Equatorial Guinea imported $11.5M in Cars, mainly from Belgium ($3.83M), Spain ($2.81M), United Arab Emirates ($2.75M), United States ($841k), and Zambia ($344k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Equatorial Guinea WERE (2021 - 2022):
Zambia$148M (1%)
Belgium$8.06k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Equatorial Guinea WERE (2021 - 2022):
Cameroon-$145k (-100%)
Spain-$103k (-32.7%)
Benin-$15.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Equatorial Guinea's main exporting competitors in Cars were:
In 2022, Equatorial Guinea's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSpain+ $889k
TOP IMPORT POTENTIALSpain+ $1.63M

Cars’s highest export potential is Spain. With an export gap of $889k.   Cars’s highest import potential is Spain with an import gap of $1.63M.

See methodology.

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