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2023
Flag → Flag
Exports $19.6MRnk 168 / 220
2023
Flag → Flag
Top Product $4.29MRice
2023
Flag → Flag
Exports $174MRnk 9 / 76
2023
Flag → Flag
Top Product $145MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
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 GDP$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH-43.8%CURRENT US$
Rnk 195 / 195
2023
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GDP PC $2,481CURRENT US$
Rnk 148 / 195
2013-2023
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GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
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GDP PC$6,678CURRENT US$
Rnk 108 / 196
2013-2023
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GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195

About

India-Equatorial Guinea Trade: In 2023, India exported $19.6M to Equatorial Guinea. The main products that India exported to Equatorial Guinea were Rice ($4.29M), Confectionery Sugar ($2.55M), and Baked Goods ($2.16M). Over the past 5 years the exports of India to Equatorial Guinea have increased at an annualized rate of 11.9%, from $11.2M in 2018 to $19.6M in 2023.

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

Equatorial Guinea-India Trade: In 2023, Equatorial Guinea exported $174M to India. The main products that Equatorial Guinea exported to India were Petroleum Gas ($145M), Scrap Iron ($16M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($8.79M). Over the past 5 years the exports of Equatorial Guinea to India have decreased at an annualized rate of 22.6%,  from $626M in 2018 to $174M in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, India exported $1.5M and imported $109M from Equatorial Guinea, resulting in a negative trade balance of $108M. Between November 2023 and November 2024 the exports of India have increased by $610k (68.3%) from $893k to $1.5M, while imports increased by $93.2M (578%) from $16.1M to $109M.

Trade In November 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 November 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 November 2024, the increase in India's year-by-year exports to Equatorial Guinea was explained primarily by an increase in product exports in Cereal Preparations ($298k or 1.81k%), Rice(Other Than Basmoti) ($166k or 55.8%), and Misc Processed Items ($77.9k or 68.7%). In November 2024, the increase in India's year-by-year imports  from Equatorial Guinea was explained primarily by an increase in product imports  in Iron And Steel ($459k or 51.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$610k(68.3%)
IMPORT GROWTH (November 2023 - November 2024)$93.2M(578%)

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $19.6M to Equatorial Guinea. The main products exported from India to Equatorial Guinea were Rice ($4.29M), Confectionery Sugar ($2.55M), and Baked Goods ($2.16M). During the last 5 years the exports of India to Equatorial Guinea have increased at an annualized rate of 11.9%, from $11.2M in 2018 to $19.6M in 2023.

In 2018, Equatorial Guinea exported $174M to India. The main products exported from Equatorial Guinea to India were Petroleum Gas ($145M), Scrap Iron ($16M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($8.79M). During the last 5 years the exports of Equatorial Guinea to India have decreased at an annualized rate of 22.6%, from $626M in 2023 to $174M in 2018.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Equatorial Guinea
Top DestinationChina$1.37B

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 2023, countries that imported more from India than Equatorial Guinea included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Equatorial Guinea than from India.

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

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 2023, India had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($6.12M), Vegetable Products ($4.32M), and Chemical Products ($2.69M).

During 2018, Equatorial Guinea had a large net trade with India in the exports of Mineral Products ($145M), Metals ($17.6M), and Chemical Products ($9.62M).

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) (2023)

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