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

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Equatorial Guinea-Ethiopia Trade: In 2020, Equatorial Guinea exported $85.3k to Ethiopia. The main products that Equatorial Guinea exported to Ethiopia were N/A. Over the past 12 years the exports of Equatorial Guinea to Ethiopia have increased at an annualized rate of 45.6%, from $943 in 2008 to $85.3k in 2020.

In 2020, Equatorial Guinea did not export any services to Ethiopia.

Ethiopia-Equatorial Guinea Trade: In 2020, 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 12 years the exports of Ethiopia to Equatorial Guinea have increased at an annualized rate of 49.2%, from $18.6k in 2008 to $205k in 2020.

In 2020, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Equatorial Guinea exported $85.3k to Ethiopia. There were not main exports from Equatorial Guinea to Ethiopia in 2020. During the last 12 years the exports of Equatorial Guinea to Ethiopia have increased at an annualized rate of 45.6%, from $943 in 2008 to $85.3k in 2020.

In 2018, 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 49.2%, from $18.6k in 2023 to $205k in 2018.

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

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

Latest Data

Trade between Equatorial Guinea () and Ethiopia ()

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Equatorial Guinea
Top DestinationChina$1.37B

Ethiopia
Top DestinationUnited States$487M

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

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

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

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

Comparative Advantage Equatorial Guinea - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Equatorial Guinea had a large net trade with Ethiopia in the exports of .

During 2018, 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 Equatorial Guinea Ethiopia+$2.56kCars

Top Product Potential Ethiopia Equatorial Guinea+$4.13kOther Fruits

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Equatorial Guinea () and Ethiopia ()

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Equatorial Guinea - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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