2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 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 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 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

Canada-Equatorial Guinea Trade: In 2022, Canada exported $2.2M to Equatorial Guinea. The main products that Canada exported to Equatorial Guinea were Poultry Meat ($1.35M), Liquid Pumps ($294k), and Cars ($185k). Over the past 5 years the exports of Canada to Equatorial Guinea have decreased at an annualized rate of 7.33%, from $3.22M in 2017 to $2.2M in 2022.

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

Equatorial Guinea-Canada Trade: In 2022, Equatorial Guinea exported $79.2M to Canada. The main products that Equatorial Guinea exported to Canada were Petroleum Gas ($63.3M), Acyclic Alcohols ($15.9M), and Other Processed Vegetables ($3.81k). Over the past 5 years the exports of Equatorial Guinea to Canada have increased at an annualized rate of 22.3%,  from $29M in 2017 to $79.2M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). 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, Canada exported $2.2M to Equatorial Guinea. The main products exported from Canada to Equatorial Guinea were Poultry Meat ($1.35M), Liquid Pumps ($294k), and Cars ($185k). During the last 5 years the exports of Canada to Equatorial Guinea have decreased at an annualized rate of 7.33%, from $3.22M in 2017 to $2.2M in 2022.

In 2017, Equatorial Guinea exported $79.2M to Canada. The main products exported from Equatorial Guinea to Canada were Petroleum Gas ($63.3M), Acyclic Alcohols ($15.9M), and Other Processed Vegetables ($3.81k). During the last 5 years the exports of Equatorial Guinea to Canada have increased at an annualized rate of 22.3%, from $29M in 2022 to $79.2M in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Equatorial Guinea
Top Destination
Zambia$1.84B

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

In 2022, countries that imported more from Canada than Equatorial Guinea included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Equatorial Guinea than Canada included Zambia ($1.84B) and Sao Tome and Principe ($1.38M).

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

Comparative Advantage Canada - Equatorial Guinea

Flow
Scale

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

During 2022, Canada had a large net trade with Equatorial Guinea in the exports of Animal Products ($1.36M), Machines ($375k), and Transportation ($185k).

During 2017, Equatorial Guinea had a large net trade with Canada in the exports of Mineral Products ($63.3M), Chemical Products ($15.9M), and Foodstuffs ($4.52k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Equatorial Guinea+$446kCars
Top Product Potential Equatorial Guinea Canada+$20.1MPetroleum Gas

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

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

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