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Pricing

2022
Flag → Flag
Exports $1.04MRnk 30 / 63
2022
Flag → Flag
Top Product $978kScrap Iron
2022
Flag → Flag
Exports $8.5MRnk 114 / 186
2022
Flag → Flag
Top Product $5.88MProcessed Fish
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 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$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Equatorial Guinea-Morocco Trade: In 2022, Equatorial Guinea exported $1.04M to Morocco. The main products that Equatorial Guinea exported to Morocco were Scrap Iron ($978k), Sawn Wood ($59.9k), and Other Processed Fruits and Nuts ($193). Over the past 6 years the exports of Equatorial Guinea to Morocco have increased at an annualized rate of 22.2%, from $311k in 2016 to $1.04M in 2022.

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

Morocco-Equatorial Guinea Trade: In 2022, Morocco exported $8.5M to Equatorial Guinea. The main products that Morocco exported to Equatorial Guinea were Processed Fish ($5.88M), Raw Sugar ($1.12M), and Non-fillet Frozen Fish ($346k). Over the past 6 years the exports of Morocco to Equatorial Guinea have decreased at an annualized rate of 5.73%,  from $13.6M in 2016 to $8.5M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Equatorial Guinea exported $1.04M to Morocco. The main products exported from Equatorial Guinea to Morocco were Scrap Iron ($978k), Sawn Wood ($59.9k), and Other Processed Fruits and Nuts ($193). During the last 6 years the exports of Equatorial Guinea to Morocco have increased at an annualized rate of 22.2%, from $311k in 2016 to $1.04M in 2022.

In 2017, Morocco exported $8.5M to Equatorial Guinea. The main products exported from Morocco to Equatorial Guinea were Processed Fish ($5.88M), Raw Sugar ($1.12M), and Non-fillet Frozen Fish ($346k). During the last 5 years the exports of Morocco to Equatorial Guinea have decreased at an annualized rate of 5.73%, from $13.6M in 2022 to $8.5M in 2017.

Exports from Equatorial Guinea (Flag) to Morocco (Flag) (2022)

Exports from Morocco (Flag) to Equatorial Guinea (Flag) (2022)

Latest Data

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

Morocco Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationZambia$1.84B
Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Equatorial Guinea than Morocco included Zambia ($1.84B), China ($1.3B), and Chile ($413M).

In 2022, countries that imported more from Morocco than Equatorial Guinea included France ($7.92B), Spain ($8.55B), and India ($2.99B).

Difference in imports from Morocco (Flag) and Equatorial Guinea (Flag) (2022)

Comparative Advantage Equatorial Guinea - Morocco

Flow
Scale

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

During 2022, Equatorial Guinea had a large net trade with Morocco in the exports of Metals ($978k), Wood Products ($59.9k), and Foodstuffs ($193).

During 2017, Morocco had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($7.23M), Animal Products ($348k), and Animal and Vegetable Bi-Products ($296k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Morocco+$277kScrap Iron
Top Product Potential Morocco Equatorial Guinea+$266kNon-fillet Frozen Fish

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

Product Space of Equatorial Guinea (Flag) and Morocco (Flag) (2022)

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