2023
Flag  
GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
 GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC 
$4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC
$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195

About

Indonesia-Equatorial Guinea Trade: In 2023, Indonesia exported $13.1M to Equatorial Guinea. The main products that Indonesia exported to Equatorial Guinea were Palm Oil ($8.69M), Soap ($2.12M), and Passenger and Cargo Ships ($806k). Over the past 5 years the exports of Indonesia to Equatorial Guinea have increased at an annualized rate of 19%, from $5.5M in 2018 to $13.1M in 2023.

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

Equatorial Guinea-Indonesia Trade: In 2023, Equatorial Guinea exported $161M to Indonesia. The main products that Equatorial Guinea exported to Indonesia were Crude Petroleum ($161M), Knitting Machine Accessories ($1.52k), and Iron Fasteners ($122). Over the past 5 years the exports of Equatorial Guinea to Indonesia have increased at an annualized rate of 6.46%,  from $118M in 2018 to $161M in 2023.

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

Comparison In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085),  and 27 in total exports ($299B). That same year, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Indonesia exported $13.1M to Equatorial Guinea. The main products exported from Indonesia to Equatorial Guinea were Palm Oil ($8.69M), Soap ($2.12M), and Passenger and Cargo Ships ($806k). During the last 5 years the exports of Indonesia to Equatorial Guinea have increased at an annualized rate of 19%, from $5.5M in 2018 to $13.1M in 2023.

In 2018, Equatorial Guinea exported $161M to Indonesia. The main products exported from Equatorial Guinea to Indonesia were Crude Petroleum ($161M), Knitting Machine Accessories ($1.52k), and Iron Fasteners ($122). During the last 5 years the exports of Equatorial Guinea to Indonesia have increased at an annualized rate of 6.46%, from $118M in 2023 to $161M in 2018.

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

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

Latest Data

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

Indonesia Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$70.7B
Equatorial Guinea
Top Destination
China$1.37B

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

In 2023, countries that imported more from Indonesia than Equatorial Guinea included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Equatorial Guinea than Indonesia included Sao Tome and Principe ($1.6M).

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

Comparative Advantage Indonesia - Equatorial Guinea

Flow
Scale

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

During 2023, Indonesia had a large net trade with Equatorial Guinea in the exports of Animal and Vegetable Bi-Products ($8.69M), Chemical Products ($2.2M), and Transportation ($806k).

During 2018, Equatorial Guinea had a large net trade with Indonesia in the exports of Mineral Products ($161M), Machines ($1.52k), and Metals ($122).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Equatorial Guinea+$1.33MPalm Oil
Top Product Potential Equatorial Guinea Indonesia+$37.8MCrude 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 Indonesia and Equatorial Guinea. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Equatorial Guinea. Similarly, a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Indonesia.

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

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