2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 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
$54,343CURRENT US$
Rnk 21 / 196
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195

About

Equatorial Guinea-Germany Trade: In 2023, Equatorial Guinea exported $319M to Germany. The main products that Equatorial Guinea exported to Germany were Crude Petroleum ($202M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($116M), and Computers ($226k). Over the past 5 years the exports of Equatorial Guinea to Germany have increased at an annualized rate of 29.6%, from $87.3M in 2018 to $319M in 2023.

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

Germany-Equatorial Guinea Trade: In 2023, Germany exported $24M to Equatorial Guinea. The main products that Germany exported to Equatorial Guinea were Flavored Water ($5.69M), Cars ($3.42M), and Beer ($3.1M). Over the past 5 years the exports of Germany to Equatorial Guinea have increased at an annualized rate of 1.87%,  from $21.9M in 2018 to $24M in 2023.

In 2023, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $319M to Germany. The main products exported from Equatorial Guinea to Germany were Crude Petroleum ($202M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($116M), and Computers ($226k). During the last 5 years the exports of Equatorial Guinea to Germany have increased at an annualized rate of 29.6%, from $87.3M in 2018 to $319M in 2023.

In 2018, Germany exported $24M to Equatorial Guinea. The main products exported from Germany to Equatorial Guinea were Flavored Water ($5.69M), Cars ($3.42M), and Beer ($3.1M). During the last 5 years the exports of Germany to Equatorial Guinea have increased at an annualized rate of 1.87%, from $21.9M in 2023 to $24M in 2018.

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

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

Latest Data

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

Germany Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
Germany
Top Destination
United States$157B

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

In 2023, countries that imported more from Equatorial Guinea than Germany included Sao Tome and Principe ($1.6M).

In 2023, countries that imported more from Germany than Equatorial Guinea included United States ($157B), France ($118B), and Netherlands ($108B).

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

Comparative Advantage Equatorial Guinea - Germany

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Germany in the exports of Mineral Products ($202M), Chemical Products ($116M), and Machines ($240k).

During 2018, Germany had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($10.1M), Machines ($4.49M), and Transportation ($3.68M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Germany+$105MCrude Petroleum
Top Product Potential Germany Equatorial Guinea+$959kCars

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 Germany. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Equatorial Guinea.

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

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