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🇬🇶 Equatorial Guinea / Iran 🇮🇷
GDP per Capita
🇬🇶
🇬🇶
$6.68k
GDP: $12.3B
(2023)
(2023)
Economic Complexity
🇮🇷
🇮🇷
0.084
Rank 58 / 132
(2023)
(2023)
GDP per Capita
🇮🇷
🇮🇷
$4.47k
GDP: $405B
(2023)
(2023)
About
Iran's exports to Equatorial Guinea
In 2011, Iran exported $172k to Equatorial Guinea. The main products that Iran exported to Equatorial Guinea were Stone Processing Machines ($172k). Over the past 5 years, exports from Iran to Equatorial Guinea have increased at an annualized rate of 19.2%, growing from $71.4k in 2006 to $172k in 2011.
Comparison
In 2023, Equatorial Guinea ranked false in the Economic Complexity Index (ECI false), and 127 in total exports ($5.13B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).
Historical Data
Bilateral Trade by Products
The charts show the products exported between Equatorial Guinea and Iran. You can review the growth and percentage growth of exports in different periods by changing the options selected in the selectors.
Market Competitiveness
The map shows whether countries import more from Equatorial Guinea or Iran. Each country is colored based on the difference in imports they receive from both countries or the difference in imports growth.
In 2023, countries that imported more from Equatorial Guinea than Iran were Netherlands ($635M), Spain ($531M), and United States ($309M).
In the same year, countries that imported more from Iran than Equatorial Guinea included Pakistan ($943M), Turkey ($2.18B), and China ($4.59B).
Potential Exports
Potential Exports
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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.
Digital Trade
Digital Trade
Digital products are goods, services, or fees delivered or facilitated through digital means, and involving pure digital goods, automated and encoded services, and digital intermediation fees, but excluding the physical trade they enable. For example, downloading a video game, streaming a movie, or buying an ad in a social media platform are examples of digital trade when these involve a transaction across international borders. Here we use the methodology described in Estimating Digital Product Trade through Corporate Revenue Data to provide estimates for [FIRM]’s digital product exports using two assignments i) headquarters (all revenues are assigned to the parent company), and ii) subsidiaries (the revenues are distributed across subsidiaries based on their reports).
