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2022
Flag → Flag
Exports $20.2MRnk 169 / 217
2022
Flag → Flag
Top Product $3.3MRice
2022
Flag → Flag
Exports $855MRnk 4 / 63
2022
Flag → Flag
Top Product $744MCrude Petroleum
2022
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Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
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GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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 GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
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GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
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GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
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GDP PC$7,053CURRENT US$
Rnk 90 / 186
2012-2022
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GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

India-Equatorial Guinea Trade: In 2022, India exported $20.2M to Equatorial Guinea. The main products that India exported to Equatorial Guinea were Rice ($3.3M), Light Pure Woven Cotton ($2.64M), and Packaged Medicaments ($2.4M). Over the past 5 years the exports of India to Equatorial Guinea have increased at an annualized rate of 12.9%, from $11M in 2017 to $20.2M in 2022.

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

Equatorial Guinea-India Trade: In 2022, Equatorial Guinea exported $855M to India. The main products that Equatorial Guinea exported to India were Crude Petroleum ($744M), Petroleum Gas ($93.3M), and Scrap Iron ($15.9M). Over the past 5 years the exports of Equatorial Guinea to India have increased at an annualized rate of 2.7%,  from $605M in 2017 to $855M in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, India exported $796k and imported $1.17M from Equatorial Guinea, resulting in a negative trade balance of $374k. Between August 2023 and August 2024 the exports of India have decreased by $-838k (-51.3%) from $1.63M to $796k, while imports decreased by $-43.7M (-97.4%) from $44.9M to $1.17M.

Trade In August 2024, the top exports of India to Equatorial Guinea were Rice(Other Than Basmoti) ($464k), Cereal Preparations ($315k), Misc Processed Items ($191k), Packaging Materials ($86.8k), and Paper, Paper Board And Product ($40.5k). In August 2024 the top imports of India from Equatorial Guinea were Iron And Steel ($1.35M), Other Commodities ($27.1k), and Aluminium, Products Of Aluminm ($23.5k).

Growth In August 2024, the decrease in India's year-by-year exports to Equatorial Guinea was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-97.5k or -89.3%), Cosmetics And Toiletries ($-11.5k or -73.6%), and Moulded And Extruded Goods ($-4.26k or -73.9%). In August 2024, the decrease in India's year-by-year imports  from Equatorial Guinea was explained primarily by an decrease in product imports  in Aluminium, Products Of Aluminm ($-55.1k or -70.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-838k(-51.3%)
IMPORT GROWTH (August 2023 - August 2024)$-43.7M(-97.4%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Equatorial Guinea and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Equatorial Guinea and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $20.2M to Equatorial Guinea. The main products exported from India to Equatorial Guinea were Rice ($3.3M), Light Pure Woven Cotton ($2.64M), and Packaged Medicaments ($2.4M). During the last 5 years the exports of India to Equatorial Guinea have increased at an annualized rate of 12.9%, from $11M in 2017 to $20.2M in 2022.

In 2017, Equatorial Guinea exported $855M to India. The main products exported from Equatorial Guinea to India were Crude Petroleum ($744M), Petroleum Gas ($93.3M), and Scrap Iron ($15.9M). During the last 5 years the exports of Equatorial Guinea to India have increased at an annualized rate of 2.7%, from $605M in 2022 to $855M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Equatorial Guinea
Top DestinationZambia$1.84B

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

In 2022, countries that imported more from India than Equatorial Guinea included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Equatorial Guinea than India included Zambia ($1.84B).

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

Comparative Advantage India - Equatorial Guinea

Flow
Scale

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

During 2022, India had a large net trade with Equatorial Guinea in the exports of Chemical Products ($4.66M), Textiles ($4.08M), and Vegetable Products ($3.41M).

During 2017, Equatorial Guinea had a large net trade with India in the exports of Mineral Products ($837M), Metals ($16.6M), and Wood Products ($832k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Equatorial Guinea+$1.64MPackaged Medicaments
Top Product Potential Equatorial Guinea India+$329MCrude 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 India and Equatorial Guinea. This means that a dot/product with the flag of India 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 India.

Product Space of India (Flag) and Equatorial Guinea (Flag) (2022)

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