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2023
Flag → Flag
Exports $643kRnk 37 / 76
2023
Flag → Flag
Top Product $196kCranes
2023
Flag → Flag
Exports $7MRnk 50 / 157
2023
Flag → Flag
Top Product $6.42MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI -1.23Rnk 120 / 132
2023
Flag  
GDP$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC $6,678CURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC$2,308CURRENT US$
Rnk 151 / 196
2013-2023
Flag
GDP PC GROWTH-54.4%CURRENT US$
Rnk 194 / 195

About

Equatorial Guinea-Angola Trade: In 2023, Equatorial Guinea exported $643k to Angola. The main products that Equatorial Guinea exported to Angola were Cranes ($196k), Machinery Having Individual Functions ($182k), and Electrical Control Boards ($62.1k). Over the past 5 years the exports of Equatorial Guinea to Angola have decreased at an annualized rate of 30.7%, from $4.01M in 2018 to $643k in 2023.

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

Angola-Equatorial Guinea Trade: In 2023, Angola exported $7M to Equatorial Guinea. The main products that Angola exported to Equatorial Guinea were Passenger and Cargo Ships ($6.42M), Stranded Iron Wire ($196k), and Excavation Machinery ($177k). Over the past 5 years the exports of Angola to Equatorial Guinea have increased at an annualized rate of 33.6%,  from $1.64M in 2018 to $7M in 2023.

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

Comparison In 2023,  Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index. That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $643k to Angola. The main products exported from Equatorial Guinea to Angola were Cranes ($196k), Machinery Having Individual Functions ($182k), and Electrical Control Boards ($62.1k). During the last 5 years the exports of Equatorial Guinea to Angola have decreased at an annualized rate of 30.7%, from $4.01M in 2018 to $643k in 2023.

In 2018, Angola exported $7M to Equatorial Guinea. The main products exported from Angola to Equatorial Guinea were Passenger and Cargo Ships ($6.42M), Stranded Iron Wire ($196k), and Excavation Machinery ($177k). During the last 5 years the exports of Angola to Equatorial Guinea have increased at an annualized rate of 33.6%, from $1.64M in 2023 to $7M in 2018.

Exports from Equatorial Guinea (Flag) to Angola (Flag) (2023)

Exports from Angola (Flag) to Equatorial Guinea (Flag) (2023)

Latest Data

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

Angola Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationChina$1.37B
Angola
Top DestinationChina$17.1B

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

In 2023, countries that imported more from Equatorial Guinea than Angola included Japan ($165M), Chile ($137M), and Argentina ($39.4M).

In 2023, countries that imported more from Angola than Equatorial Guinea included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

Difference in imports from Angola (Flag) and Equatorial Guinea (Flag) (2023)

Comparative Advantage Equatorial Guinea - Angola

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Angola in the exports of Machines ($556k), Metals ($60.2k), and Instruments ($16.3k).

During 2018, Angola had a large net trade with Equatorial Guinea in the exports of Transportation ($6.42M), Machines ($252k), and Metals ($229k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Angola+$2.71kCars
Top Product Potential Angola Equatorial Guinea+$1.89kRefined 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 Equatorial Guinea and Angola. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Equatorial Guinea.

Product Space of Equatorial Guinea (Flag) and Angola (Flag) (2023)

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