2022
Flag  
GDP
$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH
-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC 
$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH
-62.4%CURRENT US$
Rnk 186 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Equatorial Guinea-South Korea Trade: In 2022, Equatorial Guinea exported $446M to South Korea. The main products that Equatorial Guinea exported to South Korea were Crude Petroleum ($270M), Petroleum Gas ($123M), and Scrap Aluminium ($176k). Over the past 5 years the exports of Equatorial Guinea to South Korea have increased at an annualized rate of 711%, from $12.7k in 2017 to $446M in 2022.

In 2022, Equatorial Guinea did not export any services to South Korea.

South Korea-Equatorial Guinea Trade: In 2022, South Korea exported $433k to Equatorial Guinea. The main products that South Korea exported to Equatorial Guinea were Excavation Machinery ($1.35M), Electric Generating Sets ($935k), and Electrical Control Boards ($506k). Over the past 5 years the exports of South Korea to Equatorial Guinea have increased at an annualized rate of 84.1%,  from $20.5k in 2017 to $433k in 2022.

In 2022, South Korea did not export any services to Equatorial Guinea.

Comparison In 2022,  Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Equatorial Guinea exported $446M to South Korea. The main products exported from Equatorial Guinea to South Korea were Crude Petroleum ($270M), Petroleum Gas ($123M), and Scrap Aluminium ($176k). During the last 5 years the exports of Equatorial Guinea to South Korea have increased at an annualized rate of 711%, from $12.7k in 2017 to $446M in 2022.

In 2017, South Korea exported $433k to Equatorial Guinea. The main products exported from South Korea to Equatorial Guinea were Excavation Machinery ($1.35M), Electric Generating Sets ($935k), and Electrical Control Boards ($506k). During the last 22 years the exports of South Korea to Equatorial Guinea have increased at an annualized rate of 84.1%, from $20.5k in 1995 to $433k in 2017.

Exports from Equatorial Guinea (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Equatorial Guinea (Flag) (2022)

Latest Data

Trade between Equatorial Guinea (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
Zambia$1.84B
South Korea
Top Destination
China$150B

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

In 2022, countries that imported more from Equatorial Guinea than South Korea included Zambia ($1.84B) and Sao Tome and Principe ($1.38M).

In 2022, countries that imported more from South Korea than Equatorial Guinea included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Equatorial Guinea (Flag) (2022)

Comparative Advantage Equatorial Guinea - South Korea

Flow
Scale

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

During 2022, Equatorial Guinea had a large net trade with South Korea in the exports of Mineral Products ($393M), Metals ($181k), and Machines ($18.5k).

During 2017, South Korea had a large net trade with Equatorial Guinea in the exports of Machines ($3.53M), Metals ($401k), and Plastics and Rubbers ($353k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Equatorial Guinea and South Korea. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over South Korea. Similarly, a dot/product with the flag of South Korea indicates it has a comparative advantage over Equatorial Guinea.

Product Space of Equatorial Guinea (Flag) and South Korea (Flag) (2022)

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