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2023
Flag → Flag
Exports $729kRnk 148 / 199
2023
Flag → Flag
Top Product $272kPoultry Meat
2023
Flag → Flag
Exports $1.95MRnk 31 / 76
2023
Flag → Flag
Top Product $1.95MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2023
Flag
Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
Flag  
GDP$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
 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 $18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 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

Romania-Equatorial Guinea Trade: In 2023, Romania exported $729k to Equatorial Guinea. The main products that Romania exported to Equatorial Guinea were Poultry Meat ($272k), Used Clothing ($198k), and Gas and Liquid Flow Measuring Instruments ($184k). Over the past 5 years the exports of Romania to Equatorial Guinea have increased at an annualized rate of 90.6%, from $29k in 2018 to $729k in 2023.

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

Equatorial Guinea-Romania Trade: In 2023, Equatorial Guinea exported $1.95M to Romania. The main products that Equatorial Guinea exported to Romania were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($1.95M). Over the past 5 years the exports of Equatorial Guinea to Romania have increased at an annualized rate of 42.5%,  from $115k in 2018 to $1.95M in 2023.

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

Comparison In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02),  and 41 in total exports ($104B). 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, Romania exported $729k to Equatorial Guinea. The main products exported from Romania to Equatorial Guinea were Poultry Meat ($272k), Used Clothing ($198k), and Gas and Liquid Flow Measuring Instruments ($184k). During the last 5 years the exports of Romania to Equatorial Guinea have increased at an annualized rate of 90.6%, from $29k in 2018 to $729k in 2023.

In 2018, Equatorial Guinea exported $1.95M to Romania. The main products exported from Equatorial Guinea to Romania were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($1.95M). During the last 5 years the exports of Equatorial Guinea to Romania have increased at an annualized rate of 42.5%, from $115k in 2023 to $1.95M in 2018.

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

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

Latest Data

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

Romania Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$19.9B
Equatorial Guinea
Top DestinationChina$1.37B

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

In 2023, countries that imported more from Romania than Equatorial Guinea included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

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

Comparative Advantage Romania - Equatorial Guinea

Flow
Scale

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

During 2023, Romania had a large net trade with Equatorial Guinea in the exports of Animal Products ($272k), Textiles ($198k), and Instruments ($184k).

During 2018, Equatorial Guinea had a large net trade with Romania in the exports of Chemical Products ($1.95M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Equatorial Guinea+$144kPoultry Meat
Top Product Potential Equatorial Guinea Romania+$6.57kCrude 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 Romania and Equatorial Guinea. This means that a dot/product with the flag of Romania 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 Romania.

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

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