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Overview In 2021 Equatorial Guinea was the number 125 economy in the world in terms of total exports and the number 183 in total imports.

Exports The top exports of Equatorial Guinea are Crude Petroleum ($2.78B), Petroleum Gas ($1.26B), Acyclic Alcohols ($339M), Rough Wood ($73.2M), and Veneer Sheets ($12.1M), exporting mostly to China ($1.05B), India ($745M), Spain ($708M), South Korea ($316M), and Netherlands ($265M).

Imports The top imports of Equatorial Guinea are Special Purpose Ships ($109M), Poultry Meat ($39.3M), Beer ($33M), Flavored Water ($18M), and Cars ($16.7M), importing mostly from Spain ($190M), China ($124M), Nigeria ($116M), United States ($46.9M), and United Kingdom ($40.7M).

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

Latest Trends

Latest Trade

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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.

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

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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.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2021)Crude Petroleum$2.78B
Top Destination (2021)China$1.05B

In 2021, Equatorial Guinea exported a total of $4.51B, making it the number 125 exporter in the world. During the last five reported years the exports of Equatorial Guinea have changed by $303M from $4.2B in 2016 to $4.51B in 2021.

The most recent exports are led by Crude Petroleum ($2.78B), Petroleum Gas ($1.26B), Acyclic Alcohols ($339M), Rough Wood ($73.2M), and Veneer Sheets ($12.1M). The most common destination for the exports of Equatorial Guinea are China ($1.05B), India ($745M), Spain ($708M), South Korea ($316M), and Netherlands ($265M).

Explore Visualizations

Exports (2021)
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Destinations (2021)
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Market Growth

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Fastest Growing Export Markets (2020 - 2021)
India$431M (+ 137%)
Spain$342M (+ 93.4%)
Netherlands$265M (+ 32.4k%)
Fastest Growing Import Markets (2020 - 2021)
South Korea$10.3M (+ 231%)
Indonesia$8.88M (+ 137%)
Canada$6.52M (+ 282%)

Total Export Growth by Market (2020 - 2021)

Economic Complexity

Most Specialized Products by RCA Index

Equatorial Guinea has a high level of specialization in Acyclic Alcohols (39.6), Rough Wood (18.7), Crude Petroleum (13.6), Petroleum Gas (13.5), and Veneer Sheets (11.8). 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 (-0.32), Sheets for veneering (including those obtained by slicing laminated wood), for plywood... (-0.61), Wood in the rough, whether or not stripped of bark or sapwood,... (-1.45), Petroleum gases and other gaseous hydrocarbons (-2.03), and Petroleum oils and oils obtained from bituminous minerals; crude (-2.36). 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 Sulphur (0.013), Ammonia (0.011), Cocoa Beans (0.011), Raw Aluminium (0.01), and Sawn Wood (0.01). 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.

Diversification Frontier

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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.

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