2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 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
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Equatorial Guinea-India Trade: In 2023, Equatorial Guinea exported $174M to India. The main products that Equatorial Guinea exported to India were Petroleum Gas ($145M), Scrap Iron ($16M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($8.79M). Over the past 5 years the exports of Equatorial Guinea to India have decreased at an annualized rate of 22.6%, from $626M in 2018 to $174M in 2023.

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

India-Equatorial Guinea Trade: In 2023, India exported $19.6M to Equatorial Guinea. The main products that India exported to Equatorial Guinea were Rice ($4.29M), Confectionery Sugar ($2.55M), and Baked Goods ($2.16M). Over the past 5 years the exports of India to Equatorial Guinea have increased at an annualized rate of 11.9%,  from $11.2M in 2018 to $19.6M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $174M to India. The main products exported from Equatorial Guinea to India were Petroleum Gas ($145M), Scrap Iron ($16M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($8.79M). During the last 5 years the exports of Equatorial Guinea to India have decreased at an annualized rate of 22.6%, from $626M in 2018 to $174M in 2023.

In 2018, India exported $19.6M to Equatorial Guinea. The main products exported from India to Equatorial Guinea were Rice ($4.29M), Confectionery Sugar ($2.55M), and Baked Goods ($2.16M). During the last 5 years the exports of India to Equatorial Guinea have increased at an annualized rate of 11.9%, from $11.2M in 2023 to $19.6M in 2018.

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

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

Latest Data

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

India Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
India
Top Destination
United States$85.5B

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

In 2023, no countries were registered that imported more from Equatorial Guinea than from India.

In 2023, countries that imported more from India than Equatorial Guinea included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Equatorial Guinea - India

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with India in the exports of Mineral Products ($145M), Metals ($17.6M), and Chemical Products ($9.62M).

During 2018, India had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($6.12M), Vegetable Products ($4.32M), and Chemical Products ($2.69M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea India+$329MCrude Petroleum
Top Product Potential India Equatorial Guinea+$1.64MPackaged Medicaments

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

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

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