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Pricing

2023
Flag → Flag
Exports $97.3MRnk 155 / 220
2023
Flag → Flag
Top Product $8.98MValves
2023
Flag → Flag
Exports $309MRnk 6 / 76
2023
Flag → Flag
Top Product $167MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 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 $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195

About

United States-Equatorial Guinea Trade: In 2023, United States exported $97.3M to Equatorial Guinea. The main products that United States exported to Equatorial Guinea were Valves ($8.98M), Air Pumps ($6.87M), and Machinery Having Individual Functions ($6.82M). Over the past 5 years the exports of United States to Equatorial Guinea have decreased at an annualized rate of 6.33%, from $135M in 2018 to $97.3M in 2023.

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

Equatorial Guinea-United States Trade: In 2023, Equatorial Guinea exported $309M to United States. The main products that Equatorial Guinea exported to United States were Petroleum Gas ($167M), Crude Petroleum ($119M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($23.4M). Over the past 5 years the exports of Equatorial Guinea to United States have decreased at an annualized rate of 12.5%,  from $602M in 2018 to $309M in 2023.

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

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Equatorial Guinea ranked 127 in total exports ($5.13B), 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

November, 2024

About

Overview In November 2024, United States exported $13.4M and imported $14.5M from Equatorial Guinea, resulting in a negative trade balance of $1.01M. Between November 2023 and November 2024 the exports of United States have increased by $3.36M (33.3%) from $10.1M to $13.4M, while imports increased by $270k (1.9%) from $14.2M to $14.5M.

Trade In November 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 November 2024 the top imports of United States from Equatorial Guinea were Petroleum Gas ($23.7M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($9.89M), Commodities not elsewhere specified ($102k), and Gas Turbines ($8.2k).

Origins In November 2024 the exports of United States were mainly from Texas ($12.7M), Florida ($178k), Arkansas ($157k), Georgia ($103k), and California ($85k), while imports destinations were mainly Puerto Rico ($11.2M), Hawaii ($3.25M), Louisiana ($6.04k), and Alabama ($0).

Growth In November 2024, the increase in United States's year-by-year exports to Equatorial Guinea was explained primarily by an increase in product exports in Poultry Meat ($521k or 275%), Chemical Analysis Instruments ($242k or 1.76k%), and Centrifuges ($206k or 361%). In November 2024, the increase in United States's year-by-year imports  from Equatorial Guinea was explained primarily by an increase in product imports  in Petroleum Gas ($15.3M or 184%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$3.36M(33.3%)
IMPORT GROWTH (November 2023 - November 2024)$270k(1.9%)
MAIN EXPORTER (November 2024)Texas$12.7M

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 2023, United States exported $97.3M to Equatorial Guinea. The main products exported from United States to Equatorial Guinea were Valves ($8.98M), Air Pumps ($6.87M), and Machinery Having Individual Functions ($6.82M). During the last 5 years the exports of United States to Equatorial Guinea have decreased at an annualized rate of 6.33%, from $135M in 2018 to $97.3M in 2023.

In 2018, Equatorial Guinea exported $309M to United States. The main products exported from Equatorial Guinea to United States were Petroleum Gas ($167M), Crude Petroleum ($119M), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($23.4M). During the last 5 years the exports of Equatorial Guinea to United States have decreased at an annualized rate of 12.5%, from $602M in 2023 to $309M in 2018.

Exports from United States (Flag) to Equatorial Guinea (Flag) (2023)

Exports from Equatorial Guinea (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Equatorial Guinea
Top DestinationChina$1.37B

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 2023, countries that imported more from United States than Equatorial Guinea included Canada ($269B), Mexico ($243B), and China ($154B).

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

Difference in imports from Equatorial Guinea (Flag) and United States (Flag) (2023)

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 2023, United States had a large net trade with Equatorial Guinea in the exports of Machines ($58.2M), Metals ($9.34M), and Chemical Products ($5.66M).

During 2018, Equatorial Guinea had a large net trade with United States in the exports of Mineral Products ($286M), Chemical Products ($23.4M), and Machines ($31k).

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) (2023)

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