2023
Flag  
GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
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GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
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 GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
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GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
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GDP PC 
$49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC
$6,678CURRENT US$
Rnk 108 / 196
2013-2023
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GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195

About

United Arab Emirates-Equatorial Guinea Trade: In 2023, United Arab Emirates exported $30.9M to Equatorial Guinea. The main products that United Arab Emirates exported to Equatorial Guinea were Cars ($5.3M), Motor vehicles; parts and accessories (8701 to 8705) ($3.18M), and Refined Petroleum ($2.05M). Over the past 5 years the exports of United Arab Emirates to Equatorial Guinea have increased at an annualized rate of 7.61%, from $21.4M in 2018 to $30.9M in 2023.

In 2023, United Arab Emirates did not export any services to Equatorial Guinea.

Equatorial Guinea-United Arab Emirates Trade: In 2023, Equatorial Guinea exported $2.45M to United Arab Emirates. The main products that Equatorial Guinea exported to United Arab Emirates were Rough Wood ($851k), Scrap Copper ($669k), and Sawn Wood ($437k). Over the past 5 years the exports of Equatorial Guinea to United Arab Emirates have decreased at an annualized rate of 44.3%,  from $45.7M in 2018 to $2.45M in 2023.

In 2023, Equatorial Guinea did not export any services to United Arab Emirates.

Comparison In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15),  and 21 in total exports ($357B). That same year, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $30.9M to Equatorial Guinea. The main products exported from United Arab Emirates to Equatorial Guinea were Cars ($5.3M), Motor vehicles; parts and accessories (8701 to 8705) ($3.18M), and Refined Petroleum ($2.05M). During the last 5 years the exports of United Arab Emirates to Equatorial Guinea have increased at an annualized rate of 7.61%, from $21.4M in 2018 to $30.9M in 2023.

In 2018, Equatorial Guinea exported $2.45M to United Arab Emirates. The main products exported from Equatorial Guinea to United Arab Emirates were Rough Wood ($851k), Scrap Copper ($669k), and Sawn Wood ($437k). During the last 5 years the exports of Equatorial Guinea to United Arab Emirates have decreased at an annualized rate of 44.3%, from $45.7M in 2023 to $2.45M in 2018.

Exports from United Arab Emirates (Flag) to Equatorial Guinea (Flag) (2023)

Exports from Equatorial Guinea (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Equatorial Guinea (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
China$40.2B
Equatorial Guinea
Top Destination
China$1.37B

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

In 2023, countries that imported more from United Arab Emirates than Equatorial Guinea included China ($40.2B), India ($38.2B), and Japan ($37.4B).

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

Difference in imports from Equatorial Guinea (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Equatorial Guinea

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Equatorial Guinea in the exports of Transportation ($9.62M), Machines ($7.4M), and Chemical Products ($5.13M).

During 2018, Equatorial Guinea had a large net trade with United Arab Emirates in the exports of Wood Products ($1.29M), Metals ($1.16M), and Mineral Products ($1.02k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Equatorial Guinea+$1.25MRefined Petroleum
Top Product Potential Equatorial Guinea United Arab Emirates+$110kRough Wood

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 United Arab Emirates and Equatorial Guinea. This means that a dot/product with the flag of United Arab Emirates 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 United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Equatorial Guinea (Flag) (2023)

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