NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $8.31MRnk 142 / 217
2023
Flag → Flag
Top Product $2.12MOther Large Iron Pipes
2023
Flag → Flag
Exports $164MRnk 11 / 76
2023
Flag → Flag
Top Product $117MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 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 $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195

About

Singapore-Equatorial Guinea Trade: In 2023, Singapore exported $8.31M to Equatorial Guinea. The main products that Singapore exported to Equatorial Guinea were Other Large Iron Pipes ($2.12M), Excavation Machinery ($1.09M), and Air Conditioners ($615k). Over the past 5 years the exports of Singapore to Equatorial Guinea have decreased at an annualized rate of 37%, from $83.7M in 2018 to $8.31M in 2023.

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

Equatorial Guinea-Singapore Trade: In 2023, Equatorial Guinea exported $164M to Singapore. The main products that Equatorial Guinea exported to Singapore were Petroleum Gas ($117M), Crude Petroleum ($47.1M), and Cut Flowers ($522). Over the past 5 years the exports of Equatorial Guinea to Singapore have decreased at an annualized rate of 18%,  from $443M in 2018 to $164M in 2023.

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

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). 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, Singapore exported $8.31M to Equatorial Guinea. The main products exported from Singapore to Equatorial Guinea were Other Large Iron Pipes ($2.12M), Excavation Machinery ($1.09M), and Air Conditioners ($615k). During the last 5 years the exports of Singapore to Equatorial Guinea have decreased at an annualized rate of 37%, from $83.7M in 2018 to $8.31M in 2023.

In 2018, Equatorial Guinea exported $164M to Singapore. The main products exported from Equatorial Guinea to Singapore were Petroleum Gas ($117M), Crude Petroleum ($47.1M), and Cut Flowers ($522). During the last 5 years the exports of Equatorial Guinea to Singapore have decreased at an annualized rate of 18%, from $443M in 2023 to $164M in 2018.

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

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

Latest Data

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

Singapore Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Equatorial Guinea
Top DestinationChina$1.37B

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

In 2023, countries that imported more from Singapore than Equatorial Guinea included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, countries that imported more from Equatorial Guinea than Singapore included El Salvador ($27M), Spain ($531M), and Sao Tome and Principe ($1.6M).

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

Comparative Advantage Singapore - Equatorial Guinea

Flow
Scale

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

During 2023, Singapore had a large net trade with Equatorial Guinea in the exports of Machines ($4.88M), Metals ($2.73M), and Plastics and Rubbers ($205k).

During 2018, Equatorial Guinea had a large net trade with Singapore in the exports of Mineral Products ($164M), Vegetable Products ($562), and Textiles ($83).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Equatorial Guinea+$426kRefined Petroleum
Top Product Potential Equatorial Guinea Singapore+$31.9MPetroleum Gas

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Singapore and Equatorial Guinea. This means that a dot/product with the flag of Singapore 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 Singapore.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms