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Pricing

2022
Flag → Flag
Exports $68.2MRnk 171 / 219
2022
Flag → Flag
Top Product $6.84MPoultry Meat
2022
Flag → Flag
Exports $230MRnk 10 / 63
2022
Flag → Flag
Top Product $196MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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 $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 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

United States-Equatorial Guinea Trade: In 2022, United States exported $68.2M to Equatorial Guinea. The main products that United States exported to Equatorial Guinea were Poultry Meat ($6.84M), Other Plastic Products ($3.95M), and Other Furniture ($3.54M). Over the past 5 years the exports of United States to Equatorial Guinea have decreased at an annualized rate of 8.99%, from $109M in 2017 to $68.2M in 2022.

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

Equatorial Guinea-United States Trade: In 2022, Equatorial Guinea exported $230M to United States. The main products that Equatorial Guinea exported to United States were Petroleum Gas ($196M), Acyclic Alcohols ($33.2M), and Sculptures ($295k). Over the past 5 years the exports of Equatorial Guinea to United States have decreased at an annualized rate of 8.96%,  from $367M in 2017 to $230M in 2022.

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

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Philips (326), Euromarket Designs (26), and Motorola (17) were at the forefront of exporting goods from Equatorial Guinea to the United States. Conversely, Pt. Philips Industries Batam (326), Other (26), and Villacer Portugal Stoneware (26) were notable for importing products to Equatorial Guinea from the United States.

Latest Trends

July, 2024

About

Overview In July 2024, United States exported $6.69M and imported $5.12M from Equatorial Guinea, resulting in a positive trade balance of $1.57M. Between July 2023 and July 2024 the exports of United States have decreased by $-1.99M (-22.9%) from $8.68M to $6.69M, while imports decreased by $-1.44M (-21.9%) from $6.55M to $5.12M.

Trade In July 2024, the top exports of United States to Equatorial Guinea were Other Sea Vessels ($927k), Poultry Meat ($710k), Valves ($467k), Excavation Machinery ($403k), and Centrifuges ($263k). In July 2024 the top imports of United States from Equatorial Guinea were Petroleum Gas ($23.7M), Acyclic Alcohols ($9.89M), Commodities not elsewhere specified ($102k), and Gas Turbines ($8.2k).

Origins In July 2024 the exports of United States were mainly from Texas ($5.78M), Florida ($313k), Iowa ($93.6k), Arkansas ($70.7k), and Michigan ($68k), while imports destinations were mainly Puerto Rico ($4.9M), Texas ($215k), Florida ($0), Georgia ($0), and Illinois ($0).

Growth In July 2024, the decrease in United States's year-by-year exports to Equatorial Guinea was explained primarily by an decrease in product exports in Air Conditioners ($-216k or -97.5%), Excavation Machinery ($-202k or -33.4%), and Electric Heaters ($-173k or -98.4%). In July 2024, the decrease in United States's year-by-year imports  from Equatorial Guinea was explained primarily by an decrease in product imports  in Commodities not elsewhere specified ($-877k or -89.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-1.99M(-22.9%)
IMPORT GROWTH (July 2023 - July 2024)$-1.44M(-21.9%)
MAIN EXPORTER (July 2024)Texas$5.78M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Equatorial Guinea and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Equatorial Guinea and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $68.2M to Equatorial Guinea. The main products exported from United States to Equatorial Guinea were Poultry Meat ($6.84M), Other Plastic Products ($3.95M), and Other Furniture ($3.54M). During the last 5 years the exports of United States to Equatorial Guinea have decreased at an annualized rate of 8.99%, from $109M in 2017 to $68.2M in 2022.

In 2017, Equatorial Guinea exported $230M to United States. The main products exported from Equatorial Guinea to United States were Petroleum Gas ($196M), Acyclic Alcohols ($33.2M), and Sculptures ($295k). During the last 5 years the exports of Equatorial Guinea to United States have decreased at an annualized rate of 8.96%, from $367M in 2022 to $230M in 2017.

Exports from United States (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Equatorial Guinea
Top DestinationZambia$1.84B

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

In 2022, countries that imported more from United States than Equatorial Guinea included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Equatorial Guinea than United States included Zambia ($1.84B).

Difference in imports from Equatorial Guinea (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Equatorial Guinea

Flow
Scale

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

During 2022, United States had a large net trade with Equatorial Guinea in the exports of Machines ($25.8M), Chemical Products ($9.34M), and Animal Products ($8.43M).

During 2017, Equatorial Guinea had a large net trade with United States in the exports of Mineral Products ($196M), Chemical Products ($33.2M), and Arts and Antiques ($495k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Equatorial Guinea+$1.78MRefined Petroleum
Top Product Potential Equatorial Guinea United States+$89.2MPetroleum 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.

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Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Equatorial Guinea (Flag) (2022)

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