NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Product
Exports | Imports $5.13B | $1B127 of 226 |  180 of 226
2023
Per Capita Product
Exports | Imports $2.77k | $54284 of 220 |  177 of 220

About

Overview In 2023 Equatorial Guinea was the number 127 economy in the world in terms of total exports and the number 180 in total imports.

Exports The top exports of Equatorial Guinea are Crude Petroleum ($2.52B), Petroleum Gas ($2.17B), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($343M), Rough Wood ($32.7M), and Scrap Iron ($17.2M), exporting mostly to China ($1.37B), Netherlands ($635M), Spain ($531M), Italy ($371M), and Germany ($319M).

Imports The top imports of Equatorial Guinea are Poultry Meat ($42.8M), Special Purpose Ships ($33.4M), Beer ($26.8M), Passenger and Cargo Ships ($24.5M), and Valves ($21.2M), importing mostly from China ($202M), Spain ($166M), United States ($97.3M), Gabon ($53.3M), and United Kingdom ($49.3M).

Location Equatorial Guinea borders Cameroon and Gabon by land and Nigeria and Sao Tome and Principe by sea.

Latest Trends

Latest Trade

Flow
View
Y-AXIS SCALE

The following section uses the most recent trade data from partners of Equatorial Guinea.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

Subscribe today to OEC pro and access the latest data

Sign Up

Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Crude Petroleum$2.52B
Top Destination (2023)China$1.37B

In 2023, Equatorial Guinea exported a total of $5.13B, making it the number 127 exporter in the world. During the last five reported years the exports of Equatorial Guinea have changed by -$1.46B from $6.59B in 2018 to $5.13B in 2023.

The most recent exports are led by Crude Petroleum ($2.52B), Petroleum Gas ($2.17B), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($343M), Rough Wood ($32.7M), and Scrap Iron ($17.2M). The most common destination for the exports of Equatorial Guinea are China ($1.37B), Netherlands ($635M), Spain ($531M), Italy ($371M), and Germany ($319M).

Explore Visualizations

Exports (2023)
[Click to Select a Product]

Destinations (2023)
[Click to Select a Country]

Market Growth

Flow
View
Growth
Fastest Growing Export Markets (2022 - 2023)
Netherlands$634M (+ 75.2k%)
Belgium$143M (+ 949%)
Thailand$132M (+ 149%)
Fastest Growing Import Markets (2022 - 2023)
Gabon$31.3M (+ 142%)
United States$29.1M (+ 42.7%)
United Kingdom$19.8M (+ 67.2%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

Type
Flow
Depth
View
Sort By

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Most Specialized Products by RCA Index

Equatorial Guinea has a high level of specialization in Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) (46), Petroleum Gas (16.9), Veneer Sheets (15.5), Rough Wood (11), and Crude Petroleum (8.67). Specialization is measured using RCA, an index that takes the ratio between Equatorial Guinea observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Equatorial Guinea according to the product complexity index (PCI) are Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives (-0.35), Ferrous waste and scrap; remelting scrap ingots of iron or steel (-0.57), Sheets for veneering (including those obtained by slicing laminated wood), for plywood... (-0.85), Wood in the rough, whether or not stripped of bark or sapwood,... (-1.3), and Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed,... (-1.3). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Equatorial Guinea according to the relatedness index, were Cocoa Shells (0.018), Cocoa Beans (0.015), Raw Aluminium (0.013), Aluminium Ore (0.013), and Gold (0.013). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Equatorial Guinea is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Equatorial Guinea. These are products that tend to be co-exported with the products that Equatorial Guinea exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

Filter
Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

Keep Exploring

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