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2023
Flag → Flag
Exports $41.4MRnk 148 / 216
2023
Flag → Flag
Top Product $9.16MWheat Flours
2023
Flag → Flag
Exports $318kRnk 38 / 76
2023
Flag → Flag
Top Product $199kCrustaceans
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag  
GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 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 $13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195

About

Turkey-Equatorial Guinea Trade: In 2023, Turkey exported $41.4M to Equatorial Guinea. The main products that Turkey exported to Equatorial Guinea were Wheat Flours ($9.16M), Cement ($4.19M), and Toilet Paper ($3.63M). Over the past 5 years the exports of Turkey to Equatorial Guinea have increased at an annualized rate of 5.07%, from $32.3M in 2018 to $41.4M in 2023.

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

Equatorial Guinea-Turkey Trade: In 2023, Equatorial Guinea exported $318k to Turkey. The main products that Equatorial Guinea exported to Turkey were Crustaceans ($199k), Scrap Aluminium ($106k), and Wheat Flours ($11k). Over the past 5 years the exports of Equatorial Guinea to Turkey have increased at an annualized rate of 0.97%,  from $300k in 2018 to $318k in 2023.

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

Comparison In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62),  and 28 in total exports ($272B). 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, Turkey exported $41.4M to Equatorial Guinea. The main products exported from Turkey to Equatorial Guinea were Wheat Flours ($9.16M), Cement ($4.19M), and Toilet Paper ($3.63M). During the last 5 years the exports of Turkey to Equatorial Guinea have increased at an annualized rate of 5.07%, from $32.3M in 2018 to $41.4M in 2023.

In 2018, Equatorial Guinea exported $318k to Turkey. The main products exported from Equatorial Guinea to Turkey were Crustaceans ($199k), Scrap Aluminium ($106k), and Wheat Flours ($11k). During the last 5 years the exports of Equatorial Guinea to Turkey have increased at an annualized rate of 0.97%, from $300k in 2023 to $318k in 2018.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$24.7B
Equatorial Guinea
Top DestinationChina$1.37B

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

In 2023, countries that imported more from Turkey than Equatorial Guinea included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

In 2023, no countries were registered that imported more from Equatorial Guinea than from Turkey.

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

Comparative Advantage Turkey - Equatorial Guinea

Flow
Scale

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

During 2023, Turkey had a large net trade with Equatorial Guinea in the exports of Vegetable Products ($9.16M), Metals ($5.13M), and Mineral Products ($4.66M).

During 2018, Equatorial Guinea had a large net trade with Turkey in the exports of Animal Products ($199k), Metals ($106k), and Vegetable Products ($11k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Equatorial Guinea+$914kRefined Petroleum
Top Product Potential Equatorial Guinea Turkey+N/AN/A

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

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

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