2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 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
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Equatorial Guinea-Indonesia Trade: In 2023, Equatorial Guinea exported $161M to Indonesia. The main products that Equatorial Guinea exported to Indonesia were Crude Petroleum ($161M), Knitting Machine Accessories ($1.52k), and Iron Fasteners ($122). Over the past 5 years the exports of Equatorial Guinea to Indonesia have increased at an annualized rate of 6.46%, from $118M in 2018 to $161M in 2023.

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

Indonesia-Equatorial Guinea Trade: In 2023, Indonesia exported $13.1M to Equatorial Guinea. The main products that Indonesia exported to Equatorial Guinea were Palm Oil ($8.69M), Soap ($2.12M), and Passenger and Cargo Ships ($806k). Over the past 5 years the exports of Indonesia to Equatorial Guinea have increased at an annualized rate of 19%,  from $5.5M in 2018 to $13.1M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $161M to Indonesia. The main products exported from Equatorial Guinea to Indonesia were Crude Petroleum ($161M), Knitting Machine Accessories ($1.52k), and Iron Fasteners ($122). During the last 5 years the exports of Equatorial Guinea to Indonesia have increased at an annualized rate of 6.46%, from $118M in 2018 to $161M in 2023.

In 2018, Indonesia exported $13.1M to Equatorial Guinea. The main products exported from Indonesia to Equatorial Guinea were Palm Oil ($8.69M), Soap ($2.12M), and Passenger and Cargo Ships ($806k). During the last 5 years the exports of Indonesia to Equatorial Guinea have increased at an annualized rate of 19%, from $5.5M in 2023 to $13.1M in 2018.

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

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

Latest Data

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

Indonesia Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
Indonesia
Top Destination
China$70.7B

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

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

In 2023, countries that imported more from Indonesia than Equatorial Guinea included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Equatorial Guinea - Indonesia

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Indonesia in the exports of Mineral Products ($161M), Machines ($1.52k), and Metals ($122).

During 2018, Indonesia had a large net trade with Equatorial Guinea in the exports of Animal and Vegetable Bi-Products ($8.69M), Chemical Products ($2.2M), and Transportation ($806k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Indonesia+$37.8MCrude Petroleum
Top Product Potential Indonesia Equatorial Guinea+$1.33MPalm Oil

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

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

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