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Pricing

2022
Flag → Flag
Exports $61.1MRnk 18 / 63
2022
Flag → Flag
Top Product $57.4MCrude Petroleum
2022
Flag → Flag
Exports $39.7kRnk 183 / 205
2022
Flag → Flag
Top Product $32.2kBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 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$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Equatorial Guinea-Philippines Trade: In 2022, Equatorial Guinea exported $61.1M to Philippines. The main products that Equatorial Guinea exported to Philippines were Crude Petroleum ($57.4M), Veneer Sheets ($3.58M), and Sawn Wood ($164k). Over the past 5 years the exports of Equatorial Guinea to Philippines have increased at an annualized rate of 38.6%, from $11.9M in 2017 to $61.1M in 2022.

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

Philippines-Equatorial Guinea Trade: In 2022, Philippines exported $39.7k to Equatorial Guinea. The main products that Philippines exported to Equatorial Guinea were Broadcasting Equipment ($32.2k) and Telephones ($7.43k). Over the past 5 years the exports of Philippines to Equatorial Guinea have increased at an annualized rate of 106%,  from $60 in 2017 to $39.7k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Equatorial Guinea exported $61.1M to Philippines. The main products exported from Equatorial Guinea to Philippines were Crude Petroleum ($57.4M), Veneer Sheets ($3.58M), and Sawn Wood ($164k). During the last 5 years the exports of Equatorial Guinea to Philippines have increased at an annualized rate of 38.6%, from $11.9M in 2017 to $61.1M in 2022.

In 2017, Philippines exported $39.7k to Equatorial Guinea. The main products exported from Philippines to Equatorial Guinea were Broadcasting Equipment ($32.2k) and Telephones ($7.43k). During the last 5 years the exports of Philippines to Equatorial Guinea have increased at an annualized rate of 106%, from $60 in 2022 to $39.7k in 2017.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
Equatorial Guinea
Top DestinationZambia$1.84B
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Equatorial Guinea than Philippines included Zambia ($1.84B), Spain ($1.32B), and Chile ($413M).

In 2022, countries that imported more from Philippines than Equatorial Guinea included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Equatorial Guinea - Philippines

Flow
Scale

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

During 2022, Equatorial Guinea had a large net trade with Philippines in the exports of Mineral Products ($57.4M), Wood Products ($3.74M), and Machines ($8.91k).

During 2017, Philippines had a large net trade with Equatorial Guinea in the exports of Machines ($39.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Philippines+$3.86kCrude Petroleum
Top Product Potential Philippines Equatorial Guinea+$2.7kRefined Copper

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

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

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