US trade (export - import) with Equatorial Guinea in 2016

Published or Updated: May 03, 2017

The report on US foreign trade in goods with Equatorial Guinea in 2016: exports, imports, balance, product types and groups, dynamics.

US Trade with Equatorial Guinea

In 2016, US trade with Equatorial Guinea totaled $488.6 million, up 46.57% ($155.2 million) from 2015.

US exports to Equatorial Guinea in 2016 totaled $278.4 million, up 75.62% ($119.9 million) from 2015.

US imports from Equatorial Guinea in 2016 totaled $210.1 million, up 20.22% ($35.3 million) from 2015.

US trade balance with Equatorial Guinea went from a deficit of $16.2 million in 2015, to a surplus of $68.3 million in 2016.

Equatorial Guinea was the US 111th largest trading partner in 2016 (up from 125th in 2015), accounting for 0.0132% of US total trade (up from 0.0087% in 2015).

Equatorial Guinea was the US 112th largest export market in 2016 (up from 129th in 2015), accounting for 0.0192% of US total exports (up from 0.0105% in 2015).

Equatorial Guinea was the US 107th largest supplier in 2016 (up from 109th in 2015), accounting for 0.0093% of US total imports (up from 0.0076% in 2015).

US Exports to Equatorial Guinea

The major share of US exports to Equatorial Guinea in 2016 (and in 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 85.24% of US total exports to Equatorial Guinea (63.16% in 2015);
  • Chemical products (HS codes 28-40) - 4.43% of US total exports to Equatorial Guinea (9.00% in 2015);
  • Metals and products from them (HS codes 72-83) - 4.30% of US total exports to Equatorial Guinea (12.00% in 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.14% of US total exports to Equatorial Guinea (7.25% in 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.61% of US total exports to Equatorial Guinea (1.69% in 2015);
  • Mineral products (HS codes 25-27) - 0.42% of US total exports to Equatorial Guinea (1.07% in 2015).

The largest gains in US exports to Equatorial Guinea in 2016 over 2015 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - an increase of $177,448.9 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $3,542.3 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $3,398.6 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $2,630.4 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1,424.2 thousand.

The largest declines in US exports to Equatorial Guinea in 2016 over 2015 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $37,497.5 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $8,718.8 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $3,937.6 thousand;
  • Meat and edible meat offal (HS code 02) - a decrease of $2,973.7 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $2,655.7 thousand;
  • Miscellaneous chemical products (HS code 38) - a decrease of $2,408.1 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $2,186.5 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $1,187.5 thousand;
  • Rubber and articles thereof (HS code 40) - a decrease of $1,129.1 thousand.
US exports to Equatorial Guinea in 2016 by product groups
HS
code
Name of product group Value
of exports
in 2016
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2015
(USD thousand)
Change
in 2016
over 2015
(%)
02 Meat and edible meat offal 6,429.6 2.31 9,403.2-31.62
03 Fish and crustaceans, molluscs and other aquatic invertebrates 317.9 0.11 278.814.04
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 173.4 0.06 197.6-12.24
07 Edible vegetables and certain roots and tubers 60.3 0.02 30.796.50
08 Edible fruit and nuts; peel of citrus fruit or melons 209.9 0.08 32.2552.32
09 Coffee, tea, maté and spices 59.6 0.02 46.428.61
10 Cereals 36.0 0.01 45.2-20.36
11 Products of the milling industry; malt; starches; inulin; wheat gluten 24.2 0.01 20.021.18
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 33.0 0.01 41.7-20.85
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 78.6 0.03 83.9-6.23
17 Sugars and sugar confectionery 12.2 0.00 9.627.01
19 Preparations of cereals, flour, starch or milk; bakers’ wares 64.5 0.02 187.8-65.68
20 Preparations of vegetables, fruit, nuts or other parts of plants 11.6 0.00 42.2-72.61
21 Miscellaneous edible preparations 1,091.2 0.39 669.363.05
22 Beverages, spirits and vinegar 135.4 0.05 401.1-66.24
23 Residues and waste from the food industries; prepared animal feed 5.6 0.00 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 4.7 0.00 76.7-93.87
26 Ores, slag and ash 6.2 0.00 6.5-4.17
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,148.8 0.41 1,613.4-28.80
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 511.1 0.18 467.69.31
29 Organic chemicals 1,332.0 0.48 1,234.47.91
30 Pharmaceutical products 3.6 0.00 27.6-87.08
31 Fertilizers 7.0 0.00 8.4-16.67
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 4,020.5 1.44 621.8546.57
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 5.2 0.00 26.0-80.00
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 986.0 0.35 1,796.9-45.12
35 Albuminoidal substances; modified starches; glues; enzymes 61.2 0.02 15.3298.94
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 4.5 0.00 381.8-98.83
37 Photographic or cinematographic goods 12.5 0.00 5.0149.02
38 Miscellaneous chemical products 3,413.1 1.23 5,821.2-41.37
39 Plastics and articles thereof 1,383.0 0.50 2,131.3-35.11
40 Rubber and articles thereof 598.7 0.22 1,727.8-65.35
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 124.0 0.04 163.3-24.06
44 Wood and articles of wood; wood charcoal 128.3 0.05 189.4-32.26
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 3.9-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 203.6 0.07 857.6-76.26
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 230.4 0.08 463.8-50.32
54 Man-made filaments 0.0 0.00 20.8-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 81.2 0.03 104.8-22.48
57 Carpets and other textile floor coverings 0.0 0.00 13.0-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 4.6 0.00 4.45.90
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 220.2 0.08 149.347.43
60 Knitted or crocheted fabrics 4.7 0.00 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 66.1 0.02 168.2-60.69
62 Articles of apparel and clothing accessories, not knitted or crocheted 720.5 0.26 950.9-24.22
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 356.0 0.13 472.9-24.72
64 Footwear, gaiters and the like; parts of such articles 224.8 0.08 725.1-69.00
65 Headgear and parts thereof 20.8 0.01 62.0-66.43
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 14.5-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 444.2 0.16 1,043.9-57.45
69 Ceramic products 80.6 0.03 156.1-48.33
70 Glass and glassware 291.4 0.10 384.7-24.24
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 12.8 0.00 21.2-39.66
72 Iron and steel 351.7 0.13 348.21.03
73 Articles of iron or steel 6,476.2 2.33 15,195.0-57.38
74 Copper and articles thereof 71.0 0.03 163.9-56.66
75 Nickel and articles thereof 18.5 0.01 192.1-90.36
76 Aluminum and articles thereof 3,807.9 1.37 265.61,333.67
78 Lead and articles thereof 71.4 0.03 40.377.41
79 Zinc and articles thereof 61.1 0.02 120.3-49.16
80 Tin and articles thereof 26.9 0.01 9.2192.45
81 Other base metals; cermets; articles thereof 4.0 0.00 53.6-92.52
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 810.8 0.29 1,998.2-59.43
83 Miscellaneous articles of base metal 274.9 0.10 635.4-56.74
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 31,770.9 11.41 69,268.4-54.13
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 9,880.8 3.55 13,818.4-28.50
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 191.4 0.07 394.9-51.53
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 6,204.8 2.23 3,574.473.59
88 Aircraft, spacecraft, and parts thereof 2,672.3 0.96 5,328.0-49.84
89 Ships, boats and floating structures 180,359.4 64.78 2,910.56,096.85
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 6,262.7 2.25 4,838.529.43
91 Clocks and watches and parts thereof 100.1 0.04 53.985.84
92 Musical instruments; parts and accessories of such articles 0.0 0.00 8.4-100.00
93 Arms and ammunition; parts and accessories thereof 12.8 0.00 3.2295.41
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 1,211.5 0.44 3,398.1-64.35
95 Toys, games and sports requisites; parts and accessories thereof 70.1 0.03 131.1-46.53
96 Miscellaneous manufactured articles 244.5 0.09 52.4366.86
97 Works of art, collectors’ pieces and antiques 0.0 0.00 59.0-100.00
99 Commodities not specified according to kind 2,015.8 0.72 2,254.4-10.58

US Imports from Equatorial Guinea

The major share of US imports from Equatorial Guinea in 2016 (and in 2015) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 62.95% of US total imports from Equatorial Guinea (45.68% in 2015);
  • Chemical products (HS codes 28-40) - 33.95% of US total imports from Equatorial Guinea (51.80% in 2015).

The largest gains in US imports from Equatorial Guinea in 2016 over 2015 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $52,440.9 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $1,879.3 thousand.

The largest declines in US imports from Equatorial Guinea in 2016 over the 2015 were recorded for the following product groups:

  • Organic chemicals (HS code 29) - a decrease of $19,198.3 thousand.
US imports from Equatorial Guinea in 2016 by product groups
HS
code
Name of product group Value
of imports
in 2016
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2015
USD thousand)
Change
in 2016
over 2015
(%)
01 Live animals 31.6 0.02 6.5383.03
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 9.3-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 132,271.6 62.95 79,830.765.69
29 Organic chemicals 71,333.5 33.95 90,531.8-21.21
38 Miscellaneous chemical products 0.0 0.00 10.0-100.00
44 Wood and articles of wood; wood charcoal 1,984.6 0.94 105.31,784.76
73 Articles of iron or steel 2.7 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 12.6 0.01 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 90.6-100.00
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 0.0 0.00 12.5-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 7.2 0.00 28.5-74.66
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 1.0 0.00 0.0
97 Works of art, collectors’ pieces and antiques 56.3 0.03 0.0
99 Commodities not specified according to kind 4,431.5 2.11 4,159.66.54
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce