2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
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GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
 GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
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GDP PC 
$6,678CURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195
2023
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GDP PC
$18,404CURRENT US$
Rnk 66 / 196
2013-2023
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GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195

About

Equatorial Guinea-Romania Trade: In 2023, Equatorial Guinea exported $1.95M to Romania. The main products that Equatorial Guinea exported to Romania were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($1.95M). Over the past 8 years the exports of Equatorial Guinea to Romania have increased at an annualized rate of 193%, from $357 in 2015 to $1.95M in 2023.

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

Romania-Equatorial Guinea Trade: In 2023, Romania exported $729k to Equatorial Guinea. The main products that Romania exported to Equatorial Guinea were Poultry Meat ($272k), Used Clothing ($198k), and Gas and Liquid Flow Measuring Instruments ($184k). Over the past 8 years the exports of Romania to Equatorial Guinea have increased at an annualized rate of 90.6%,  from $29k in 2015 to $729k in 2023.

In 2023, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $1.95M to Romania. The main products exported from Equatorial Guinea to Romania were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($1.95M). During the last 8 years the exports of Equatorial Guinea to Romania have increased at an annualized rate of 193%, from $357 in 2015 to $1.95M in 2023.

In 2018, Romania exported $729k to Equatorial Guinea. The main products exported from Romania to Equatorial Guinea were Poultry Meat ($272k), Used Clothing ($198k), and Gas and Liquid Flow Measuring Instruments ($184k). During the last 5 years the exports of Romania to Equatorial Guinea have increased at an annualized rate of 90.6%, from $29k in 2023 to $729k in 2018.

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

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

Latest Data

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

Romania Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
Romania
Top Destination
Germany$19.9B

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

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

In 2023, countries that imported more from Romania than Equatorial Guinea included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Equatorial Guinea - Romania

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Romania in the exports of Chemical Products ($1.95M).

During 2018, Romania had a large net trade with Equatorial Guinea in the exports of Animal Products ($272k), Textiles ($198k), and Instruments ($184k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Romania+$6.57kCrude Petroleum
Top Product Potential Romania Equatorial Guinea+$144kPoultry Meat

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

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

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