Ethiopia (ETH) and Equatorial Guinea (GNQ) Trade | The Observatory of Economic Complexity

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Ethiopia-Equatorial Guinea Trade: In 2023, Ethiopia exported $205k to Equatorial Guinea. The main products that Ethiopia exported to Equatorial Guinea were Weapons Parts and Accessories ($104k), Breathing Appliances ($46.9k), and Explosive Ammunition ($38.5k). Over the past 5 years the exports of Ethiopia to Equatorial Guinea have increased at an annualized rate of 61.6%, from $18.6k in 2018 to $205k in 2023.

In 2023, Ethiopia did not export any services to Equatorial Guinea.

Equatorial Guinea-Ethiopia In N/A, Equatorial Guinea did not export any products to Ethiopia.

In 2023, Equatorial Guinea did not export any services to Ethiopia.

Comparison In 2023, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Ethiopia exported $205k to Equatorial Guinea. The main products exported from Ethiopia to Equatorial Guinea were Weapons Parts and Accessories ($104k), Breathing Appliances ($46.9k), and Explosive Ammunition ($38.5k). During the last 5 years the exports of Ethiopia to Equatorial Guinea have increased at an annualized rate of 61.6%, from $18.6k in 2018 to $205k in 2023.

Equatorial Guinea does not register exports to Ethiopia.

Exports from Ethiopia () to Equatorial Guinea () (2023)

Exports from Equatorial Guinea () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Equatorial Guinea ()

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited States$487M

Equatorial Guinea
Top DestinationChina$1.37B

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

In 2023, countries that imported more from Ethiopia than Equatorial Guinea included United Arab Emirates ($314M), Saudi Arabia ($304M), and United States ($487M).

In 2023, countries that imported more from Equatorial Guinea than Ethiopia included China ($1.37B), Spain ($531M), and Netherlands ($635M).

Difference in imports from Equatorial Guinea () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Equatorial Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ethiopia had a large net trade with Equatorial Guinea in the exports of Weapons ($142k), Instruments ($47.3k), and Vegetable Products ($4.91k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Equatorial Guinea+$4.13kOther Fruits

Top Product Potential Equatorial Guinea Ethiopia+$2.56kCars

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

Year

This visualization shows the product space at the HS4 level with the flags of Ethiopia and Equatorial Guinea. This means that a dot/product with the flag of Ethiopia 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 Ethiopia.

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Equatorial Guinea () (2023)

Exports from Equatorial Guinea () to Ethiopia () (2023)

Latest Data

Trade between Ethiopia () and Equatorial Guinea ()

Ethiopia Exports

Market Competitiveness

Difference in imports from Equatorial Guinea () and Ethiopia () (2023)

Comparative Advantage Ethiopia - Equatorial Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ethiopia () and Equatorial Guinea () (2023)

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