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Pricing

2023
Flag → Flag
Exports $66Rnk 76 / 76
2023
Flag → Flag
Top Product $66Insulated Wire
2023
Flag → Flag
Exports $25.3kRnk 133 / 180
2023
Flag → Flag
Top Product $7.37kSawn Wood
2023
Flag
Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
Flag  
GDP$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH2.56%CURRENT US$
Rnk 167 / 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$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH-22%CURRENT US$
Rnk 180 / 195

About

Equatorial Guinea-Namibia Trade: In 2023, Equatorial Guinea exported $66 to Namibia. The main products that Equatorial Guinea exported to Namibia were Insulated Wire ($66). Over the past 6 years the exports of Equatorial Guinea to Namibia have decreased at an annualized rate of 54.1%, from $7.09k in 2017 to $66 in 2023.

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

Namibia-Equatorial Guinea Trade: In 2023, Namibia exported $25.3k to Equatorial Guinea. The main products that Namibia exported to Equatorial Guinea were Sawn Wood ($7.37k), Iron Chains ($4.01k), and Aircraft parts (gliders, balloons, and powered aircraft) ($3.23k). Over the past 6 years the exports of Namibia to Equatorial Guinea have decreased at an annualized rate of 33.5%,  from $1.5M in 2017 to $25.3k in 2023.

In 2023, Namibia 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, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $66 to Namibia. The main products exported from Equatorial Guinea to Namibia were Insulated Wire ($66). During the last 6 years the exports of Equatorial Guinea to Namibia have decreased at an annualized rate of 54.1%, from $7.09k in 2017 to $66 in 2023.

In 2018, Namibia exported $25.3k to Equatorial Guinea. The main products exported from Namibia to Equatorial Guinea were Sawn Wood ($7.37k), Iron Chains ($4.01k), and Aircraft parts (gliders, balloons, and powered aircraft) ($3.23k). During the last 5 years the exports of Namibia to Equatorial Guinea have decreased at an annualized rate of 33.5%, from $1.5M in 2023 to $25.3k in 2018.

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

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

Latest Data

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

Namibia Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationChina$1.37B
Namibia
Top DestinationSouth Africa$1.71B

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

In 2023, countries that imported more from Equatorial Guinea than Namibia included China ($1.37B), Netherlands ($635M), and Italy ($371M).

In 2023, countries that imported more from Namibia than Equatorial Guinea included South Africa ($1.71B), Botswana ($504M), and Zambia ($329M).

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

Comparative Advantage Equatorial Guinea - Namibia

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Namibia in the exports of Machines ($66).

During 2018, Namibia had a large net trade with Equatorial Guinea in the exports of Wood Products ($7.37k), Metals ($4.83k), and Transportation ($3.23k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Namibia+$2.02kPetroleum Gas
Top Product Potential Namibia Equatorial Guinea+$6.72kGas Turbines

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

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

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