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Pricing

2023
Flag → Flag
Exports $8.19MRnk 129 / 211
2023
Flag → Flag
Top Product $1.21MPackaged Medicaments
2023
Flag → Flag
Exports $62.8kRnk 47 / 76
2023
Flag → Flag
Top Product $52.9kSawn Wood
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 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 $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195

About

Portugal-Equatorial Guinea Trade: In 2023, Portugal exported $8.19M to Equatorial Guinea. The main products that Portugal exported to Equatorial Guinea were Packaged Medicaments ($1.21M), Poultry Meat ($436k), and Medical Instruments ($408k). Over the past 5 years the exports of Portugal to Equatorial Guinea have decreased at an annualized rate of 11%, from $14.7M in 2018 to $8.19M in 2023.

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

Equatorial Guinea-Portugal Trade: In 2023, Equatorial Guinea exported $62.8k to Portugal. The main products that Equatorial Guinea exported to Portugal were Sawn Wood ($52.9k), Delivery Trucks ($9.73k), and Paintings ($207). Over the past 5 years the exports of Equatorial Guinea to Portugal have decreased at an annualized rate of 84.2%,  from $641M in 2018 to $62.8k in 2023.

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

Comparison In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 46 in total exports ($83B). 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, Portugal exported €461k and imported €0 from Equatorial Guinea, resulting in a positive trade balance of €461k. Between November 2023 and November 2024 the exports of Portugal have decreased by €-783k (-62.9%) from €1.24M to €461k, while imports remained the same by €0 (N/A%) from €0 to €0.

Trade In November 2024, the top exports of Portugal to Equatorial Guinea were Perfumery & cosmetics (€198k), Animal or vegetable fats, oils, &... (€93.1k), Glues, starches, & albuminoid products (€69.6k), Preparations of cereals, flour, starch or... (€55k), and Cereals (€51.6k). In November 2024 the top imports of Portugal from Equatorial Guinea were Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In November 2024, the decrease in Portugal's year-by-year exports to Equatorial Guinea was explained primarily by an decrease in product exports in Animal or vegetable fats, oils, &... (€-65.8k or -41.4%), Beverages, spirits, & vinegar (€-64.1k or -59.8%), and Meat & edible offal (€-47k or -100%). In November 2024, the change in Portugal's year-by-year imports  from Equatorial Guinea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-783k(-62.9%)
IMPORT GROWTH (November 2023 - November 2024)€0(N/A%)

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

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

For full datasets download visit Bulk Download page.

Explore Equatorial Guinea and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $8.19M to Equatorial Guinea. The main products exported from Portugal to Equatorial Guinea were Packaged Medicaments ($1.21M), Poultry Meat ($436k), and Medical Instruments ($408k). During the last 5 years the exports of Portugal to Equatorial Guinea have decreased at an annualized rate of 11%, from $14.7M in 2018 to $8.19M in 2023.

In 2018, Equatorial Guinea exported $62.8k to Portugal. The main products exported from Equatorial Guinea to Portugal were Sawn Wood ($52.9k), Delivery Trucks ($9.73k), and Paintings ($207). During the last 5 years the exports of Equatorial Guinea to Portugal have decreased at an annualized rate of 84.2%, from $641M in 2023 to $62.8k in 2018.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Equatorial Guinea
Top DestinationChina$1.37B

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

In 2023, countries that imported more from Portugal than Equatorial Guinea included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

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

Comparative Advantage Portugal - Equatorial Guinea

Flow
Scale

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

During 2023, Portugal had a large net trade with Equatorial Guinea in the exports of Chemical Products ($2.53M), Foodstuffs ($1.49M), and Animal Products ($855k).

During 2018, Equatorial Guinea had a large net trade with Portugal in the exports of Wood Products ($52.9k), Transportation ($9.73k), and Arts and Antiques ($207).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Equatorial Guinea+$155kWine
Top Product Potential Equatorial Guinea Portugal+$40.7MCrude 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 Portugal and Equatorial Guinea. This means that a dot/product with the flag of Portugal 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 Portugal.

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

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