2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 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 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 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

Russia-Equatorial Guinea Trade: In 2021, Russia exported $1.58M to Equatorial Guinea. The main products that Russia exported to Equatorial Guinea were N/A. Over the past 5 years the exports of Russia to Equatorial Guinea have increased at an annualized rate of 2.81%, from $1.37M in 2016 to $1.58M in 2021.

In 2020, Russia exported services to Equatorial Guinea worth $131k, with Other business services ($97k), Financial services ($27k), and Transportation ($7k) being the largest in terms of value.

Equatorial Guinea-Russia In N/A, Equatorial Guinea did not export any products to Russia.

In 2021, Equatorial Guinea did not export any services to Russia.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). 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 2021, Russia exported $1.58M to Equatorial Guinea. There were not main exports from Russia to Equatorial Guinea in 2021. During the last 5 years the exports of Russia to Equatorial Guinea have increased at an annualized rate of 2.81%, from $1.37M in 2016 to $1.58M in 2021.

Equatorial Guinea does not register exports to Russia.

Exports from Russia (Flag) to Equatorial Guinea (Flag) (2021)

Exports from Equatorial Guinea (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Equatorial Guinea
Top Destination
Zambia$1.84B

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

In 2022, countries that imported more from Russia than Equatorial Guinea included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Equatorial Guinea than Russia included Zambia ($1.84B), Chile ($413M), and Sao Tome and Principe ($1.38M).

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

Comparative Advantage Russia - Equatorial Guinea

Flow
Scale

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

During 2021, Russia had a large net trade with Equatorial Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Equatorial Guinea+$3.65kRefined Petroleum
Top Product Potential Equatorial Guinea Russia+$5.05kPackaged Medicaments

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 Russia and Equatorial Guinea. This means that a dot/product with the flag of Russia 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 Russia.

Product Space of Russia (Flag) and Equatorial Guinea (Flag) (2021)

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