2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 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
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Equatorial Guinea-Portugal Trade: In 2023, Equatorial Guinea exported $62.8k to Portugal. The main products that Equatorial Guinea exported to Portugal were Sawn Wood ($52.9k), Delivery Trucks ($9.73k), and Paintings ($207). Over the past 5 years the exports of Equatorial Guinea to Portugal have decreased at an annualized rate of 84.2%, from $641M in 2018 to $62.8k in 2023.

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

Portugal-Equatorial Guinea Trade: In 2023, Portugal exported $8.19M to Equatorial Guinea. The main products that Portugal exported to Equatorial Guinea were Packaged Medicaments ($1.21M), Poultry Meat ($436k), and Medical Instruments ($408k). Over the past 5 years the exports of Portugal to Equatorial Guinea have decreased at an annualized rate of 11%,  from $14.7M in 2018 to $8.19M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $62.8k to Portugal. The main products exported from Equatorial Guinea to Portugal were Sawn Wood ($52.9k), Delivery Trucks ($9.73k), and Paintings ($207). During the last 5 years the exports of Equatorial Guinea to Portugal have decreased at an annualized rate of 84.2%, from $641M in 2018 to $62.8k in 2023.

In 2018, Portugal exported $8.19M to Equatorial Guinea. The main products exported from Portugal to Equatorial Guinea were Packaged Medicaments ($1.21M), Poultry Meat ($436k), and Medical Instruments ($408k). During the last 5 years the exports of Portugal to Equatorial Guinea have decreased at an annualized rate of 11%, from $14.7M in 2023 to $8.19M in 2018.

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

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

Latest Data

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

Portugal Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
Portugal
Top Destination
Spain$17.7B

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

In 2023, countries that imported more from Equatorial Guinea than Portugal included Indonesia ($161M), Thailand ($220M), and Chile ($137M).

In 2023, countries that imported more from Portugal than Equatorial Guinea included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Equatorial Guinea - Portugal

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Portugal in the exports of Wood Products ($52.9k), Transportation ($9.73k), and Arts and Antiques ($207).

During 2018, Portugal had a large net trade with Equatorial Guinea in the exports of Chemical Products ($2.53M), Foodstuffs ($1.49M), and Animal Products ($855k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Portugal+$40.7MCrude Petroleum
Top Product Potential Portugal Equatorial Guinea+$155kWine

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

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

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