2022
Exports
$26.3MWorld Rnk 130 / 214
Flag Rnk 20 / 940
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$17.4MWorld Rnk 207 / 225
Flag Rnk 19 / 907

About

Exports In 2022, Equatorial Guinea exported $26.3M in Refined Petroleum, making it the 130th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 20th most exported product in Equatorial Guinea. The main destination of Refined Petroleum exports from Equatorial Guinea are: Zambia ($26.3M), Belgium ($15.9k), United Arab Emirates ($1.89k), Spain ($1.33k), and Netherlands ($551).

The fastest growing export markets for Refined Petroleum of Equatorial Guinea between 2021 and 2022 were Zambia ($26.3M), Belgium ($15.5k), and United Arab Emirates ($1.64k).

Imports In 2022, Equatorial Guinea imported $17.4M in Refined Petroleum, becoming the 207th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 19th most imported product in Equatorial Guinea. Equatorial Guinea imports Refined Petroleum primarily from: Italy ($6.27M), Belgium ($1.73M), Senegal ($1.62M), United Arab Emirates ($1.34M), and Zambia ($1.25M).

The fastest growing import markets in Refined Petroleum for Equatorial Guinea between 2021 and 2022 were Italy ($6.27M), Zambia ($1.25M), and Belgium ($906k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$26.3M
IMPORTS (2022)$17.4M
NET TRADE (2022)$8.94M

In 2022, Equatorial Guinea exported $26.3M in Refined Petroleum. The main destinations of Equatorial Guinea exports on Refined Petroleum were Zambia ($26.3M), Belgium ($15.9k), United Arab Emirates ($1.89k), Spain ($1.33k), and Netherlands ($551).

In 2022, Equatorial Guinea imported $17.4M in Refined Petroleum, mainly from Italy ($6.27M), Belgium ($1.73M), Senegal ($1.62M), United Arab Emirates ($1.34M), and Zambia ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Equatorial Guinea WERE (2021 - 2022):
Zambia$26.3M (1%)
Belgium$15.5k (3.28k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Equatorial Guinea WERE (2021 - 2022):
Cameroon-$75.2k (-100%)
France-$211 (-34.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Equatorial Guinea's main exporting competitors in Refined Petroleum were:
In 2022, Equatorial Guinea's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBelgium+ $169k
TOP IMPORT POTENTIALUnited States+ $1.78M

Refined Petroleum’s highest export potential is Belgium. With an export gap of $169k.   Refined Petroleum’s highest import potential is United States with an import gap of $1.78M.

See methodology.

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