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Pricing

2022
Flag → Flag
Exports $8.05MRnk 162 / 218
2022
Flag → Flag
Top Product $7.68MRice
2022
Flag → Flag
Exports $86MRnk 16 / 63
2022
Flag → Flag
Top Product $53.3MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 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 $6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 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

Thailand-Equatorial Guinea Trade: In 2022, Thailand exported $8.05M to Equatorial Guinea. The main products that Thailand exported to Equatorial Guinea were Rice ($7.68M), Bedspreads ($254k), and Uncoated Paper ($110k). Over the past 5 years the exports of Thailand to Equatorial Guinea have decreased at an annualized rate of 2.31%, from $9.05M in 2017 to $8.05M in 2022.

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

Equatorial Guinea-Thailand Trade: In 2022, Equatorial Guinea exported $86M to Thailand. The main products that Equatorial Guinea exported to Thailand were Crude Petroleum ($53.3M), Petroleum Gas ($32.7M), and Newspapers ($11). Over the past 5 years the exports of Equatorial Guinea to Thailand have increased at an annualized rate of 12.1%,  from $48.6M in 2017 to $86M in 2022.

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

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 27 in total exports ($312B). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $8.05M to Equatorial Guinea. The main products exported from Thailand to Equatorial Guinea were Rice ($7.68M), Bedspreads ($254k), and Uncoated Paper ($110k). During the last 5 years the exports of Thailand to Equatorial Guinea have decreased at an annualized rate of 2.31%, from $9.05M in 2017 to $8.05M in 2022.

In 2017, Equatorial Guinea exported $86M to Thailand. The main products exported from Equatorial Guinea to Thailand were Crude Petroleum ($53.3M), Petroleum Gas ($32.7M), and Newspapers ($11). During the last 5 years the exports of Equatorial Guinea to Thailand have increased at an annualized rate of 12.1%, from $48.6M in 2022 to $86M in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Equatorial Guinea (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Equatorial Guinea
Top DestinationZambia$1.84B

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

In 2022, countries that imported more from Thailand than Equatorial Guinea included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Equatorial Guinea than Thailand included Zambia ($1.84B), Portugal ($319M), and Spain ($1.32B).

Difference in imports from Equatorial Guinea (Flag) and Thailand (Flag) (2022)

Comparative Advantage Thailand - Equatorial Guinea

Flow
Scale

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

During 2022, Thailand had a large net trade with Equatorial Guinea in the exports of Vegetable Products ($7.68M), Textiles ($257k), and Paper Goods ($110k).

During 2017, Equatorial Guinea had a large net trade with Thailand in the exports of Mineral Products ($86M) and Paper Goods ($11).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Equatorial Guinea+$43.1kUncoated Paper
Top Product Potential Equatorial Guinea Thailand+$56.3MCrude Petroleum

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 Thailand and Equatorial Guinea. This means that a dot/product with the flag of Thailand 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 Thailand.

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

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