2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 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 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH
-62.4%CURRENT US$
Rnk 186 / 186

About

Finland-Equatorial Guinea Trade: In 2022, Finland exported $6.84k to Equatorial Guinea. The main products that Finland exported to Equatorial Guinea were Air Pumps ($3.15k), Other Measuring Instruments ($2.96k), and Liquid Pumps ($729). Over the past 5 years the exports of Finland to Equatorial Guinea have decreased at an annualized rate of 62%, from $858k in 2017 to $6.84k in 2022.

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

Equatorial Guinea-Finland Trade: In 2022, Equatorial Guinea exported $3.58k to Finland. The main products that Equatorial Guinea exported to Finland were Other Measuring Instruments ($3.58k). Over the past 5 years the exports of Equatorial Guinea to Finland have decreased at an annualized rate of 24%,  from $14.1k in 2017 to $3.58k in 2022.

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

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). 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, Finland exported $6.84k to Equatorial Guinea. The main products exported from Finland to Equatorial Guinea were Air Pumps ($3.15k), Other Measuring Instruments ($2.96k), and Liquid Pumps ($729). During the last 5 years the exports of Finland to Equatorial Guinea have decreased at an annualized rate of 62%, from $858k in 2017 to $6.84k in 2022.

In 2017, Equatorial Guinea exported $3.58k to Finland. The main products exported from Equatorial Guinea to Finland were Other Measuring Instruments ($3.58k). During the last 5 years the exports of Equatorial Guinea to Finland have decreased at an annualized rate of 24%, from $14.1k in 2022 to $3.58k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Equatorial Guinea (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Equatorial Guinea
Top Destination
Zambia$1.84B

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

In 2022, countries that imported more from Finland than Equatorial Guinea included Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

In 2022, countries that imported more from Equatorial Guinea than Finland included Zambia ($1.84B), Chile ($413M), and Portugal ($319M).

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

Comparative Advantage Finland - Equatorial Guinea

Flow
Scale

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

During 2022, Finland had a large net trade with Equatorial Guinea in the exports of Machines ($3.88k) and Instruments ($2.96k).

During 2017, Equatorial Guinea had a large net trade with Finland in the exports of Instruments ($3.58k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Equatorial Guinea+$10.1kAir Pumps
Top Product Potential Equatorial Guinea Finland+$7.7kOther Measuring Instruments

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

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

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