China / Equatorial Guinea

Overview In July 2024, China exported $8.26M and imported $92.1M from Equatorial Guinea, resulting in a negative trade balance of $83.8M. Between July 2023 and July 2024 the exports of China have decreased by $-5.39M (-39.5%) from $13.7M to $8.26M, while imports increased by $36.7M (66.4%) from $55.3M to $92.1M.

Trade In July 2024, the top exports of China to Equatorial Guinea were Ceramic Bricks ($2.47M), Other Measuring Instruments ($1.09M), Air Pumps ($984k), Iron Nails ($709k), and Unglazed Ceramics ($694k). In July 2024 the top imports of China from Equatorial Guinea were Crude Petroleum ($40M), Rough Wood ($3.89M), Sawn Wood ($968k), Veneer Sheets ($613k), and Commodities not elsewhere specified ($2.49k).

Origins In July 2024 the exports of China were mainly from Zhejiang Province ($4.97M), Shandong Province ($1.14M), Guangdong Province ($976k), Hainan Province ($260k), and Fujian Province ($237k), while imports destinations were mainly Fujian Province ($85.1M), Jiangsu Province ($5.46M), Zhejiang Province ($1.43M), Shandong Province ($96.8k), and Chongqing ($11.8k).

Growth In July 2024, the decrease in China's year-by-year exports to Equatorial Guinea was explained primarily by an decrease in product exports in Electrical Control Boards ($-3.56M or -96.5%), Insulated Wire ($-2.66M or -89.8%), and Iron Structures ($-2.14M or -87.1%). In July 2024, the increase in China's year-by-year imports  from Equatorial Guinea was explained primarily by an increase in product imports  in Veneer Sheets ($537k or 708%), Sawn Wood ($457k or 89.5%), and Commodities not elsewhere specified ($2.48k or 31k%).