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Pricing

2022
Flag → Flag
Exports $8.17MRnk 125 / 208
2022
Flag → Flag
Top Product $2.96MBeer
2022
Flag → Flag
Exports $319MRnk 9 / 63
2022
Flag → Flag
Top Product $211MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

Portugal-Equatorial Guinea Trade: In 2022, Portugal exported $8.17M to Equatorial Guinea. The main products that Portugal exported to Equatorial Guinea were Beer ($2.96M), Margarine ($527k), and Other Plastic Products ($491k). Over the past 5 years the exports of Portugal to Equatorial Guinea have decreased at an annualized rate of 11%, from $14.6M in 2017 to $8.17M in 2022.

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

Equatorial Guinea-Portugal Trade: In 2022, Equatorial Guinea exported $319M to Portugal. The main products that Equatorial Guinea exported to Portugal were Petroleum Gas ($211M), Crude Petroleum ($108M), and Delivery Trucks ($34.9k). Over the past 5 years the exports of Equatorial Guinea to Portugal have decreased at an annualized rate of 4.36%,  from $398M in 2017 to $319M in 2022.

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). 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, Portugal exported €554k and imported €0 from Equatorial Guinea, resulting in a positive trade balance of €554k. Between August 2023 and August 2024 the exports of Portugal have increased by €87.3k (18.7%) from €467k to €554k, while imports decreased by €-9k (-100%) from €9k to €0.

Trade In August 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 August 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 August 2024, the increase in Portugal's year-by-year exports to Equatorial Guinea was explained primarily by an increase in product exports in Perfumery & cosmetics (€197k or 29k%), Cereals (€47.3k or 1.11k%), and Preparations of vegetables, fruit, nuts or... (€7.14k or 98%). In August 2024, the decrease 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 (August 2023 - August 2024)€87.3k(18.7%)
IMPORT GROWTH (August 2023 - August 2024)€-9k(-100%)

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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $8.17M to Equatorial Guinea. The main products exported from Portugal to Equatorial Guinea were Beer ($2.96M), Margarine ($527k), and Other Plastic Products ($491k). During the last 5 years the exports of Portugal to Equatorial Guinea have decreased at an annualized rate of 11%, from $14.6M in 2017 to $8.17M in 2022.

In 2017, Equatorial Guinea exported $319M to Portugal. The main products exported from Equatorial Guinea to Portugal were Petroleum Gas ($211M), Crude Petroleum ($108M), and Delivery Trucks ($34.9k). During the last 5 years the exports of Equatorial Guinea to Portugal have decreased at an annualized rate of 4.36%, from $398M in 2022 to $319M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Equatorial Guinea
Top DestinationZambia$1.84B

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 2022, countries that imported more from Portugal than Equatorial Guinea included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Equatorial Guinea than Portugal included Zambia ($1.84B), India ($855M), and China ($1.3B).

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

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 2022, Portugal had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($3.91M), Instruments ($672k), and Animal Products ($619k).

During 2017, Equatorial Guinea had a large net trade with Portugal in the exports of Mineral Products ($319M), Transportation ($34.9k), and Instruments ($9.55k).

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) (2022)

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