2022
Flag  
GDP
$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH
-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC 
$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH
-62.4%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Equatorial Guinea-Ecuador Trade: In 2022, Equatorial Guinea exported $1.84k to Ecuador. The main products that Equatorial Guinea exported to Ecuador were Paper Containers ($1.84k). Over the past 10 years the exports of Equatorial Guinea to Ecuador have decreased at an annualized rate of 35%, from $136k in 2012 to $1.84k in 2022.

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

Ecuador-Equatorial Guinea Trade: In 2022, Ecuador exported $231k to Equatorial Guinea. The main products that Ecuador exported to Equatorial Guinea were Processed Fish ($231k). Over the past 10 years the exports of Ecuador to Equatorial Guinea have increased at an annualized rate of 29%,  from $50.1k in 2012 to $231k in 2022.

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

Comparison In 2022,  Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Equatorial Guinea exported $1.84k to Ecuador. The main products exported from Equatorial Guinea to Ecuador were Paper Containers ($1.84k). During the last 10 years the exports of Equatorial Guinea to Ecuador have decreased at an annualized rate of 35%, from $136k in 2012 to $1.84k in 2022.

In 2017, Ecuador exported $231k to Equatorial Guinea. The main products exported from Ecuador to Equatorial Guinea were Processed Fish ($231k). During the last 5 years the exports of Ecuador to Equatorial Guinea have increased at an annualized rate of 29%, from $50.1k in 2022 to $231k in 2017.

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

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

Latest Data

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

Ecuador Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
Zambia$1.84B
Ecuador
Top Destination
United States$9.86B

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

In 2022, countries that imported more from Equatorial Guinea than Ecuador included Zambia ($1.84B), Spain ($1.32B), and India ($855M).

In 2022, countries that imported more from Ecuador than Equatorial Guinea included United States ($9.86B), Panama ($4.97B), and China ($6.17B).

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

Comparative Advantage Equatorial Guinea - Ecuador

Flow
Scale

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

During 2022, Equatorial Guinea had a large net trade with Ecuador in the exports of Paper Goods ($1.84k).

During 2017, Ecuador had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($231k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Ecuador+$4.04kPetroleum Gas
Top Product Potential Ecuador Equatorial Guinea+$1.9kRefined 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 Ecuador. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Equatorial Guinea.

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

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