2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$11.8BCURRENT US$
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2012-2022
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GDP GROWTH
-47.2%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$7,053CURRENT US$
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2012-2022
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GDP PC GROWTH
-62.4%CURRENT US$
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About

Romania-Equatorial Guinea Trade: In 2022, Romania exported $858k to Equatorial Guinea. The main products that Romania exported to Equatorial Guinea were Valves ($524k), Used Clothing ($171k), and Poultry Meat ($138k). Over the past 5 years the exports of Romania to Equatorial Guinea have increased at an annualized rate of 51.4%, from $108k in 2017 to $858k in 2022.

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

Equatorial Guinea-Romania Trade: In 2022, Equatorial Guinea exported $33.7k to Romania. The main products that Equatorial Guinea exported to Romania were N/A. Over the past 5 years the exports of Equatorial Guinea to Romania have decreased at an annualized rate of 1.4%,  from $36.1k in 2017 to $33.7k in 2022.

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

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03),  and 43 in total exports ($99.5B). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $858k to Equatorial Guinea. The main products exported from Romania to Equatorial Guinea were Valves ($524k), Used Clothing ($171k), and Poultry Meat ($138k). During the last 5 years the exports of Romania to Equatorial Guinea have increased at an annualized rate of 51.4%, from $108k in 2017 to $858k in 2022.

In 2016, Equatorial Guinea exported $33.7k to Romania. There were not main exports from Equatorial Guinea to Romania in 2016. During the last 5 years the exports of Equatorial Guinea to Romania have decreased at an annualized rate of 1.4%, from $36.1k in 2021 to $33.7k in 2016.

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

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

Latest Data

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

Romania Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Equatorial Guinea
Top Destination
Zambia$1.84B

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 2022, countries that imported more from Romania than Equatorial Guinea included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Equatorial Guinea than Romania included Zambia ($1.84B), India ($855M), and Chile ($413M).

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

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 2022, Romania had a large net trade with Equatorial Guinea in the exports of Machines ($524k), Textiles ($171k), and Animal Products ($138k).

During 2016, Equatorial Guinea had a large net trade with Romania in the exports of .

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) (2022)

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