US trade (export - import) with Equatorial Guinea in 2018

Published or Updated: Jul 14, 2019

The report on US foreign trade in goods with Equatorial Guinea in 2018: exports, imports, balance, product types and groups, dynamics.

US Trade with Equatorial Guinea

In 2018, US trade with Equatorial Guinea totaled $671.4 million, up 37.02% ($181.4 million) from 2017.

US exports to Equatorial Guinea in 2018 totaled $139.1 million, up 24.39% ($27.3 million) from 2017.

US imports from Equatorial Guinea in 2018 totaled $532.2 million, up 40.75% ($154.1 million) from 2017.

US trade deficit with Equatorial Guinea in 2018 was $393.1 million, a 47.62% increase ($126.8 million) over 2017.

Equatorial Guinea was the US 109th largest trading partner in 2018 (up from 117th in 2017), accounting for 0.0157% of US total trade (up from 0.0124% in 2017).

Equatorial Guinea was the US 136th largest export market in 2018 (up from 138th in 2017), accounting for 0.0084% of US total exports (up from 0.0072% in 2017).

Equatorial Guinea was the US 89th largest supplier in 2018 (up from 97th in 2017), accounting for 0.0203% of US total imports (up from 0.0157% in 2017).

US Exports to Equatorial Guinea

The major share of US exports to Equatorial Guinea in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 54.95% of US total exports to Equatorial Guinea (53.54% in 2017);
  • Metals and products from them (HS codes 72-83) - 22.76% of US total exports to Equatorial Guinea (22.61% in 2017);
  • Chemical products (HS codes 28-40) - 9.88% of US total exports to Equatorial Guinea (11.44% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 4.56% of US total exports to Equatorial Guinea (5.81% in 2017);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.56% of US total exports to Equatorial Guinea (1.42% in 2017);
  • Mineral products (HS codes 25-27) - 1.08% of US total exports to Equatorial Guinea (1.19% in 2017).

The largest gains in US exports to Equatorial Guinea in 2018 over 2017 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $14.9 million;
  • Articles of iron or steel (HS code 73) - an increase of $6.9 million;
  • 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) - an increase of $3.2 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $1.9 million;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - an increase of $1.2 million;
  • 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 (HS code 34) - an increase of $0.9 million;
  • Headgear and parts thereof (HS code 65) - an increase of $0.8 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.4 million.

The largest declines in US exports to Equatorial Guinea in 2018 over 2017 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $1.0 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $0.9 million.
US exports to Equatorial Guinea in 2018 by product groups
HS
code
Name of product group Value
of exports
in 2018
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2017
(USD thousand)
Change
in 2018
over 2017
(%)
02 Meat and edible meat offal 5,123.9 3.68 4,723.88.47
03 Fish and crustaceans, molluscs and other aquatic invertebrates 420.1 0.30 460.0-8.67
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 99.8 0.07 173.2-42.40
07 Edible vegetables and certain roots and tubers 9.0 0.01 24.5-63.06
08 Edible fruit and nuts; peel of citrus fruit or melons 16.1 0.01 108.9-85.21
09 Coffee, tea, maté and spices 46.7 0.03 37.624.17
10 Cereals 21.9 0.02 32.6-32.76
11 Products of the milling industry; malt; starches; inulin; wheat gluten 22.8 0.02 31.6-27.86
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 3.0 0.00 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 27.7 0.02 33.5-17.24
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 47.8 0.03 49.0-2.59
17 Sugars and sugar confectionery 3.2 0.00 4.5-29.42
19 Preparations of cereals, flour, starch or milk; bakers’ wares 121.0 0.09 307.1-60.60
20 Preparations of vegetables, fruit, nuts or other parts of plants 18.9 0.01 23.0-17.75
21 Miscellaneous edible preparations 142.6 0.10 263.1-45.81
22 Beverages, spirits and vinegar 224.2 0.16 228.0-1.71
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 34.9 0.03 78.1-55.36
26 Ores, slag and ash 8.4 0.01 12.8-33.74
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,461.9 1.05 1,245.517.38
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 540.0 0.39 547.8-1.42
29 Organic chemicals 531.7 0.38 603.8-11.94
30 Pharmaceutical products 37.9 0.03 39.0-2.85
31 Fertilizers 0.0 0.00 11.3-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 438.5 0.32 425.23.15
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 4.7 0.00 7.4-37.03
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 1,699.9 1.22 840.0102.37
35 Albuminoidal substances; modified starches; glues; enzymes 15.9 0.01 13.319.62
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 71.6 0.05 9.6647.16
37 Photographic or cinematographic goods 0.0 0.00 10.2-100.00
38 Miscellaneous chemical products 7,720.2 5.55 7,958.3-2.99
39 Plastics and articles thereof 1,697.2 1.22 1,541.610.09
40 Rubber and articles thereof 990.4 0.71 786.026.01
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 137.6 0.10 191.6-28.19
44 Wood and articles of wood; wood charcoal 87.3 0.06 43.3101.46
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 195.1 0.14 196.5-0.72
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 136.5 0.10 292.6-53.34
52 Cotton 4.4 0.00 0.0
54 Man-made filaments 0.0 0.00 11.8-100.00
55 Man-made staple fibers 15.8 0.01 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,225.9 0.88 36.43,264.25
57 Carpets and other textile floor coverings 0.0 0.00 25.6-100.00
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 2.9-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 99.8 0.07 164.4-39.30
61 Articles of apparel and clothing accessories, knitted or crocheted 135.6 0.10 148.0-8.39
62 Articles of apparel and clothing accessories, not knitted or crocheted 682.9 0.49 486.240.47
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 275.4 0.20 433.5-36.46
64 Footwear, gaiters and the like; parts of such articles 266.4 0.19 233.214.22
65 Headgear and parts thereof 850.3 0.61 33.72,425.02
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 7.8-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 226.4 0.16 204.011.01
69 Ceramic products 134.1 0.10 28.5370.37
70 Glass and glassware 89.6 0.06 193.8-53.77
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 52.4 0.04 44.218.43
72 Iron and steel 501.3 0.36 772.6-35.11
73 Articles of iron or steel 29,609.8 21.28 22,665.230.64
74 Copper and articles thereof 149.3 0.11 31.5373.56
75 Nickel and articles thereof 43.5 0.03 10.4317.97
76 Aluminum and articles thereof 789.0 0.57 355.3122.06
78 Lead and articles thereof 5.5 0.00 0.0
79 Zinc and articles thereof 0.0 0.00 15.3-100.00
81 Other base metals; cermets; articles thereof 6.1 0.00 2.8116.99
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 377.2 0.27 1,280.8-70.55
83 Miscellaneous articles of base metal 178.3 0.13 158.212.68
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 61,002.1 43.85 46,151.832.18
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 8,123.2 5.84 4,928.664.82
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 36.4 0.03 201.0-81.89
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3,645.5 2.62 3,851.4-5.35
88 Aircraft, spacecraft, and parts thereof 947.4 0.68 1,078.5-12.16
89 Ships, boats and floating structures 165.0 0.12 160.42.89
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,522.6 1.81 3,510.9-28.15
91 Clocks and watches and parts thereof 37.8 0.03 51.2-26.30
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 1,052.4 0.76 1,414.1-25.58
95 Toys, games and sports requisites; parts and accessories thereof 90.2 0.06 71.625.88
96 Miscellaneous manufactured articles 28.0 0.02 34.6-19.13
97 Works of art, collectors’ pieces and antiques 0.0 0.00 3.5-100.00
99 Commodities not specified according to kind 3,596.2 2.58 1,685.1113.41

US Imports from Equatorial Guinea

The major share of US imports from Equatorial Guinea in 2018 (and in 2017) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 70.35% of US total imports from Equatorial Guinea (64.73% in 2017);
  • Chemical products (HS codes 28-40) - 28.88% of US total imports from Equatorial Guinea (32.21% in 2017).

The largest gains in US imports from Equatorial Guinea in 2018 over 2017 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 $129.6 million;
  • Organic chemicals (HS code 29) - an increase of $31.9 million.

The largest declines in US imports from Equatorial Guinea in 2018 over the 2017 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $6.9 million.
US imports from Equatorial Guinea in 2018 by product groups
HS
code
Name of product group Value
of imports
in 2018
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2017
USD thousand)
Change
in 2018
over 2017
(%)
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 374,410.3 70.35 244,763.852.97
29 Organic chemicals 153,725.4 28.88 121,805.626.21
39 Plastics and articles thereof 1.9 0.00 0.0
44 Wood and articles of wood; wood charcoal 95.9 0.02 524.9-81.74
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 4.8-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0.0 0.00 5.0-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0.0 0.00 2.4-100.00
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 3.5 0.00 45.6-92.38
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 10.4 0.00 0.0
97 Works of art, collectors’ pieces and antiques 0.0 0.00 103.1-100.00
99 Commodities not specified according to kind 3,994.1 0.75 10,889.9-63.32
/td/td
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce