2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 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 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 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

Brazil-Equatorial Guinea Trade: In 2022, Brazil exported $21.2M to Equatorial Guinea. The main products that Brazil exported to Equatorial Guinea were Poultry Meat ($11.8M), Hard Liquor ($1.56M), and Sausages ($1.4M). Over the past 5 years the exports of Brazil to Equatorial Guinea have increased at an annualized rate of 12.6%, from $11.7M in 2017 to $21.2M in 2022.

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

Equatorial Guinea-Brazil Trade: In 2022, Equatorial Guinea exported $455 to Brazil. The main products that Equatorial Guinea exported to Brazil were Other Rubber Products ($377) and Centrifuges ($78). Over the past 5 years the exports of Equatorial Guinea to Brazil have decreased at an annualized rate of 90.7%,  from $67M in 2017 to $455 in 2022.

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

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36),  and 25 in total exports ($341B). 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, Brazil exported $21.2M to Equatorial Guinea. The main products exported from Brazil to Equatorial Guinea were Poultry Meat ($11.8M), Hard Liquor ($1.56M), and Sausages ($1.4M). During the last 5 years the exports of Brazil to Equatorial Guinea have increased at an annualized rate of 12.6%, from $11.7M in 2017 to $21.2M in 2022.

In 2017, Equatorial Guinea exported $455 to Brazil. The main products exported from Equatorial Guinea to Brazil were Other Rubber Products ($377) and Centrifuges ($78). During the last 5 years the exports of Equatorial Guinea to Brazil have decreased at an annualized rate of 90.7%, from $67M in 2022 to $455 in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Equatorial Guinea
Top Destination
Zambia$1.84B

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

In 2022, countries that imported more from Brazil than Equatorial Guinea included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

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

Comparative Advantage Brazil - Equatorial Guinea

Flow
Scale

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

During 2022, Brazil had a large net trade with Equatorial Guinea in the exports of Animal Products ($14M), Foodstuffs ($5.91M), and Stone And Glass ($455k).

During 2017, Equatorial Guinea had a large net trade with Brazil in the exports of Plastics and Rubbers ($377) and Machines ($78).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Equatorial Guinea+$1.03MPoultry Meat
Top Product Potential Equatorial Guinea Brazil+$8.04kCrude Petroleum

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 Brazil and Equatorial Guinea. This means that a dot/product with the flag of Brazil 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 Brazil.

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

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