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Pricing

2022
Flag → Flag
Exports $103kRnk 35 / 63
2022
Flag → Flag
Top Product $45.8kStone Processing Machines
2022
Flag → Flag
Exports $4.95MRnk 123 / 209
2022
Flag → Flag
Top Product $1.75MIron Chains
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 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$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 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$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Equatorial Guinea-Norway Trade: In 2022, Equatorial Guinea exported $103k to Norway. The main products that Equatorial Guinea exported to Norway were Stone Processing Machines ($45.8k), Other Hand Tools ($33k), and Other Iron Products ($16.1k). Over the past 5 years the exports of Equatorial Guinea to Norway have increased at an annualized rate of 40.4%, from $18.9k in 2017 to $103k in 2022.

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

Norway-Equatorial Guinea Trade: In 2022, Norway exported $4.95M to Equatorial Guinea. The main products that Norway exported to Equatorial Guinea were Iron Chains ($1.75M), Excavation Machinery ($500k), and Fish: dried, salted, smoked or in brine ($476k). Over the past 5 years the exports of Norway to Equatorial Guinea have increased at an annualized rate of 7.64%,  from $3.42M in 2017 to $4.95M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Equatorial Guinea exported $103k to Norway. The main products exported from Equatorial Guinea to Norway were Stone Processing Machines ($45.8k), Other Hand Tools ($33k), and Other Iron Products ($16.1k). During the last 5 years the exports of Equatorial Guinea to Norway have increased at an annualized rate of 40.4%, from $18.9k in 2017 to $103k in 2022.

In 2017, Norway exported $4.95M to Equatorial Guinea. The main products exported from Norway to Equatorial Guinea were Iron Chains ($1.75M), Excavation Machinery ($500k), and Fish: dried, salted, smoked or in brine ($476k). During the last 5 years the exports of Norway to Equatorial Guinea have increased at an annualized rate of 7.64%, from $3.42M in 2022 to $4.95M in 2017.

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

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

Latest Data

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

Norway Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationZambia$1.84B
Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Equatorial Guinea than Norway included Zambia ($1.84B), Chile ($413M), and Argentina ($170M).

In 2022, countries that imported more from Norway than Equatorial Guinea included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Equatorial Guinea - Norway

Flow
Scale

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

During 2022, Equatorial Guinea had a large net trade with Norway in the exports of Machines ($53.7k), Metals ($49.1k), and Footwear and Headwear ($148).

During 2017, Norway had a large net trade with Equatorial Guinea in the exports of Metals ($2.32M), Machines ($1.65M), and Animal Products ($828k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Norway+$72.3kStone Processing Machines
Top Product Potential Norway Equatorial Guinea+$192kNon-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 Norway. This means that a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Equatorial Guinea.

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

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