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Pricing

2022
Flag → Flag
Exports $167MRnk 92 / 218
2022
Flag → Flag
Top Product $18.9MBeer
2022
Flag → Flag
Exports $5.55MRnk 2 / 63
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133

About

Spain-Equatorial Guinea Trade: In 2022, Spain exported $167M to Equatorial Guinea. The main products that Spain exported to Equatorial Guinea were Beer ($18.9M), Flavored Water ($8.56M), and Wine ($6.46M). Over the past 5 years the exports of Spain to Equatorial Guinea have decreased at an annualized rate of 0.84%, from $174M in 2017 to $167M in 2022.

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

Equatorial Guinea-Spain In N/A, Equatorial Guinea did not export any products to Spain.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Spain exported €12.4M and imported €4.7M from Equatorial Guinea, resulting in a positive trade balance of €7.66M. Between June 2023 and June 2024 the exports of Spain have decreased by €-285k (-2.26%) from €12.6M to €12.4M, while imports decreased by €-70.3M (-93.7%) from €75M to €4.7M.

Trade In June 2024, the top exports of Spain to Equatorial Guinea were Beer (€979k), Flavored Water (€732k), Baked Goods (€555k), Brooms (€393k), and Fruit Juice (€381k). In June 2024 the top imports of Spain from Equatorial Guinea were Acyclic Alcohols (€6.21M), Veneer Sheets (€391k), Scrap Aluminium (€55.9k), Scrap Copper (€8.14k), and Scrap Waste (€7.52k).

Origins In June 2024 the exports of Spain were mainly from N/A, while imports destinations were mainly N/A.

Growth In June 2024, the decrease in Spain's year-by-year exports to Equatorial Guinea was explained primarily by an decrease in product exports in Beer (€-1.25M or -56.1%), Packaged Medicaments (€-326k or -80.9%), and Eggs (€-313k or -95.7%). In June 2024, the decrease in Spain's year-by-year imports  from Equatorial Guinea was explained primarily by an decrease in product imports  in N/A.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)€-285k(-2.26%)
IMPORT GROWTH (June 2023 - June 2024)€-70.3M(-93.7%)

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

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

For full datasets download visit Bulk Download page.

Explore Equatorial Guinea and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $167M to Equatorial Guinea. The main products exported from Spain to Equatorial Guinea were Beer ($18.9M), Flavored Water ($8.56M), and Wine ($6.46M). During the last 5 years the exports of Spain to Equatorial Guinea have decreased at an annualized rate of 0.84%, from $174M in 2017 to $167M in 2022.

Equatorial Guinea does not register exports to Spain.

Exports from Spain (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to Spain (Flag) (2022)

Comparative Advantage Spain - Equatorial Guinea

Flow
Scale

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

During 2022, Spain had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($60.9M), Machines ($18.3M), and Chemical Products ($15.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Equatorial Guinea+$1.63MCars
Top Product Potential Equatorial Guinea Spain+$170MPetroleum 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 Spain and Equatorial Guinea. This means that a dot/product with the flag of Spain 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 Spain.

Product Space of Spain (Flag) and Equatorial Guinea (Flag) (2022)

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