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Pricing

2022
Flag → Flag
Exports $231MRnk 166 / 211
2022
Flag → Flag
Top Product $35.2MSpecial Purpose Ships
2022
Flag → Flag
Exports $1.3BRnk 3 / 63
2022
Flag → Flag
Top Product $910MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 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 $12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC$7,053CURRENT US$
Rnk 90 / 186
2012-2022
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GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

China-Equatorial Guinea Trade: In 2022, China exported $231M to Equatorial Guinea. The main products that China exported to Equatorial Guinea were Special Purpose Ships ($35.2M), Gas Turbines ($16.8M), and Ceramic Bricks ($12.7M). Over the past 5 years the exports of China to Equatorial Guinea have increased at an annualized rate of 6.78%, from $166M in 2017 to $231M in 2022.

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

Equatorial Guinea-China Trade: In 2022, Equatorial Guinea exported $1.3B to China. The main products that Equatorial Guinea exported to China were Crude Petroleum ($910M), Petroleum Gas ($274M), and Rough Wood ($101M). Over the past 5 years the exports of Equatorial Guinea to China have decreased at an annualized rate of 0.19%,  from $1.32B in 2017 to $1.3B in 2022.

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

Comparison In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12),  and 1 in total exports ($3.73T). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, China exported $17.4M and imported $165M from Equatorial Guinea, resulting in a negative trade balance of $148M. Between August 2023 and August 2024 the exports of China have increased by $2.29M (15.2%) from $15.1M to $17.4M, while imports decreased by $-25.6M (-13.4%) from $191M to $165M.

Trade In August 2024, the top exports of China to Equatorial Guinea were Ceramic Bricks ($2.47M), Other Measuring Instruments ($1.09M), Air Pumps ($984k), Iron Nails ($709k), and Unglazed Ceramics ($694k). In August 2024 the top imports of China from Equatorial Guinea were Crude Petroleum ($40M), Rough Wood ($3.89M), Sawn Wood ($968k), Veneer Sheets ($613k), and Commodities not elsewhere specified ($2.49k).

Origins In August 2024 the exports of China were mainly from Zhejiang Province ($6.67M), Shandong Province ($4.25M), Guangdong Province ($1.96M), Jiangsu Province ($1.44M), and Beijing ($1.1M), while imports destinations were mainly Beijing ($158M), Jiangsu Province ($3.73M), Zhejiang Province ($3.47M), Chongqing ($275k), and Shandong Province ($41.9k).

Growth In August 2024, the increase in China's year-by-year exports to Equatorial Guinea was explained primarily by an increase in product exports in Ceramic Bricks ($2.3M or 1.35k%), Other Measuring Instruments ($1.08M or 53.4k%), and Air Pumps ($728k or 284%). In August 2024, the decrease in China's year-by-year imports  from Equatorial Guinea was explained primarily by an decrease in product imports  in Crude Petroleum ($-66.2M or -62.4%) and Rough Wood ($-20M or -83.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$2.29M(15.2%)
IMPORT GROWTH (August 2023 - August 2024)$-25.6M(-13.4%)
MAIN EXPORTER (August 2024)Zhejiang Province$6.67M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Equatorial Guinea and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Equatorial Guinea and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $231M to Equatorial Guinea. The main products exported from China to Equatorial Guinea were Special Purpose Ships ($35.2M), Gas Turbines ($16.8M), and Ceramic Bricks ($12.7M). During the last 5 years the exports of China to Equatorial Guinea have increased at an annualized rate of 6.78%, from $166M in 2017 to $231M in 2022.

In 2017, Equatorial Guinea exported $1.3B to China. The main products exported from Equatorial Guinea to China were Crude Petroleum ($910M), Petroleum Gas ($274M), and Rough Wood ($101M). During the last 5 years the exports of Equatorial Guinea to China have decreased at an annualized rate of 0.19%, from $1.32B in 2022 to $1.3B in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Equatorial Guinea
Top DestinationZambia$1.84B

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

In 2022, countries that imported more from China than Equatorial Guinea included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

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

Comparative Advantage China - Equatorial Guinea

Flow
Scale

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

During 2022, China had a large net trade with Equatorial Guinea in the exports of Machines ($61.2M), Metals ($38.7M), and Transportation ($38.2M).

During 2017, Equatorial Guinea had a large net trade with China in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Equatorial Guinea+$3.95MTelephones
Top Product Potential Equatorial Guinea China+$548MCrude 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 China and Equatorial Guinea. This means that a dot/product with the flag of China 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 China.

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

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