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
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
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
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
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GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Equatorial Guinea-Saudi Arabia Trade: In 2023, Equatorial Guinea exported $33.8k to Saudi Arabia. The main products that Equatorial Guinea exported to Saudi Arabia were Scrap Aluminium ($33.8k). Over the past 11 years the exports of Equatorial Guinea to Saudi Arabia have decreased at an annualized rate of 19.1%, from $348k in 2012 to $33.8k in 2023.

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

Saudi Arabia-Equatorial Guinea Trade: In 2023, Saudi Arabia exported $48.7k to Equatorial Guinea. The main products that Saudi Arabia exported to Equatorial Guinea were Sulfites ($33.1k) and Tropical Fruits ($15.7k). Over the past 11 years the exports of Saudi Arabia to Equatorial Guinea have decreased at an annualized rate of 52.6%,  from $2.04M in 2012 to $48.7k in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Equatorial Guinea exported $33.8k to Saudi Arabia. The main products exported from Equatorial Guinea to Saudi Arabia were Scrap Aluminium ($33.8k). During the last 11 years the exports of Equatorial Guinea to Saudi Arabia have decreased at an annualized rate of 19.1%, from $348k in 2012 to $33.8k in 2023.

In 2018, Saudi Arabia exported $48.7k to Equatorial Guinea. The main products exported from Saudi Arabia to Equatorial Guinea were Sulfites ($33.1k) and Tropical Fruits ($15.7k). During the last 5 years the exports of Saudi Arabia to Equatorial Guinea have decreased at an annualized rate of 52.6%, from $2.04M in 2023 to $48.7k in 2018.

Exports from Equatorial Guinea (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Equatorial Guinea (Flag) (2023)

Latest Data

Trade between Equatorial Guinea (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Equatorial Guinea than Saudi Arabia included El Salvador ($27M), Sao Tome and Principe ($1.6M), and Israel ($77k).

In 2023, countries that imported more from Saudi Arabia than Equatorial Guinea included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Equatorial Guinea (Flag) (2023)

Comparative Advantage Equatorial Guinea - Saudi Arabia

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Saudi Arabia in the exports of Metals ($33.8k).

During 2018, Saudi Arabia had a large net trade with Equatorial Guinea in the exports of Chemical Products ($33.1k) and Vegetable Products ($15.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Saudi Arabia+$5.2kCrude Petroleum
Top Product Potential Saudi Arabia Equatorial Guinea+$3.22kRefined Petroleum

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

Product Space of Equatorial Guinea (Flag) and Saudi Arabia (Flag) (2023)

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