2022
Flag  
GDP
$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH
-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 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
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Equatorial Guinea-Portugal Trade: In 2022, Equatorial Guinea exported $319M to Portugal. The main products that Equatorial Guinea exported to Portugal were Petroleum Gas ($211M), Crude Petroleum ($108M), and Delivery Trucks ($34.9k). Over the past 5 years the exports of Equatorial Guinea to Portugal have decreased at an annualized rate of 4.36%, from $398M in 2017 to $319M in 2022.

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

Portugal-Equatorial Guinea Trade: In 2022, Portugal exported $8.17M to Equatorial Guinea. The main products that Portugal exported to Equatorial Guinea were Beer ($2.96M), Margarine ($527k), and Other Plastic Products ($491k). Over the past 5 years the exports of Portugal to Equatorial Guinea have decreased at an annualized rate of 11%,  from $14.6M in 2017 to $8.17M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Equatorial Guinea exported $319M to Portugal. The main products exported from Equatorial Guinea to Portugal were Petroleum Gas ($211M), Crude Petroleum ($108M), and Delivery Trucks ($34.9k). During the last 5 years the exports of Equatorial Guinea to Portugal have decreased at an annualized rate of 4.36%, from $398M in 2017 to $319M in 2022.

In 2017, Portugal exported $8.17M to Equatorial Guinea. The main products exported from Portugal to Equatorial Guinea were Beer ($2.96M), Margarine ($527k), and Other Plastic Products ($491k). During the last 5 years the exports of Portugal to Equatorial Guinea have decreased at an annualized rate of 11%, from $14.6M in 2022 to $8.17M in 2017.

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

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

Latest Data

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

Portugal Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
Zambia$1.84B
Portugal
Top Destination
Spain$20.5B

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 2022, countries that imported more from Equatorial Guinea than Portugal included Zambia ($1.84B), India ($855M), and China ($1.3B).

In 2022, countries that imported more from Portugal than Equatorial Guinea included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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 2022, Equatorial Guinea had a large net trade with Portugal in the exports of Mineral Products ($319M), Transportation ($34.9k), and Instruments ($9.55k).

During 2017, Portugal had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($3.91M), Instruments ($672k), and Animal Products ($619k).

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) (2022)

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