2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH
2.93%CURRENT US$
Rnk 166 / 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
$23,401CURRENT US$
Rnk 53 / 196
2013-2023
Flag
GDP PC GROWTH
8.47%CURRENT US$
Rnk 139 / 195

About

Equatorial Guinea-Greece Trade: In 2023, Equatorial Guinea exported $876 to Greece. The main products that Equatorial Guinea exported to Greece were Engine Parts ($449) and Sports Equipment ($427). Over the past 6 years the exports of Equatorial Guinea to Greece have decreased at an annualized rate of 56.3%, from $126k in 2017 to $876 in 2023.

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

Greece-Equatorial Guinea Trade: In 2023, Greece exported $365k to Equatorial Guinea. The main products that Greece exported to Equatorial Guinea were Engine Parts ($86.5k), Other Plastic Products ($79.1k), and Industrial Fatty Acids, Oils and Alcohols ($52.6k). Over the past 6 years the exports of Greece to Equatorial Guinea have increased at an annualized rate of 13.3%,  from $196k in 2017 to $365k in 2023.

In 2023, Greece 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $876 to Greece. The main products exported from Equatorial Guinea to Greece were Engine Parts ($449) and Sports Equipment ($427). During the last 6 years the exports of Equatorial Guinea to Greece have decreased at an annualized rate of 56.3%, from $126k in 2017 to $876 in 2023.

In 2018, Greece exported $365k to Equatorial Guinea. The main products exported from Greece to Equatorial Guinea were Engine Parts ($86.5k), Other Plastic Products ($79.1k), and Industrial Fatty Acids, Oils and Alcohols ($52.6k). During the last 5 years the exports of Greece to Equatorial Guinea have increased at an annualized rate of 13.3%, from $196k in 2023 to $365k in 2018.

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

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

Latest Data

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

Greece Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
Greece
Top Destination
Italy$6.21B

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

In 2023, countries that imported more from Equatorial Guinea than Greece included China ($1.37B), Thailand ($220M), and Chile ($137M).

In 2023, countries that imported more from Greece than Equatorial Guinea included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

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

Comparative Advantage Equatorial Guinea - Greece

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Greece in the exports of Machines ($449) and Miscellaneous ($427).

During 2018, Greece had a large net trade with Equatorial Guinea in the exports of Machines ($117k), Plastics and Rubbers ($79.1k), and Chemical Products ($52.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Greece+$56.2kScrap Aluminium
Top Product Potential Greece Equatorial Guinea+$277kRefined 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 Greece. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Equatorial Guinea.

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

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