US trade with Equatorial Guinea in the 1st quarter of 2017

Published or Updated: Jul 30, 2017

The report on US foreign trade in goods with Equatorial Guinea in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Equatorial Guinea

In the 1st quarter of 2017, US trade with Equatorial Guinea was $65.3 million, down 0.15% ($0.1 million) from the 1st quarter of 2016.

US exports to Equatorial Guinea in the 1st quarter of 2017 were $19.2 million, down 15.09% ($3.4 million) from the 1st quarter of 2016.

US imports from Equatorial Guinea in the 1st quarter of 2017 totaled $46.1 million, up 7.76% ($3.3 million) from the 1st quarter of 2016.

US trade deficit with Equatorial Guinea in the 1st quarter of 2017 was $26.9 million, a 33.42% increase ($6.7 million) over the 1st quarter of 2016.

Equatorial Guinea was the US 133rd largest trading partner in the 1st quarter of 2017 (down from 126th in the 1st quarter of 2016), accounting for 0.0070% of US total trade (down from 0.0075% in the 1st quarter of 2016).

Equatorial Guinea was the US 144th largest export market in the 1st quarter of 2017 (down from 137th in the 1st quarter of 2016), accounting for 0.0052% of US total exports (down from 0.0065% in the 1st quarter of 2016).

Equatorial Guinea was the US 110th largest supplier in the 1st quarter of 2017 (down from 108th in the 1st quarter of 2016), accounting for 0.0082% of US total imports (up from 0.0081% in the 1st quarter of 2016).

US Exports to Equatorial Guinea

The major share of US exports to Equatorial Guinea in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 56.48% of US total exports to Equatorial Guinea (62.80% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 15.33% of US total exports to Equatorial Guinea (12.73% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 11.04% of US total exports to Equatorial Guinea (9.84% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.68% of US total exports to Equatorial Guinea (7.60% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.10% of US total exports to Equatorial Guinea (2.05% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.56% of US total exports to Equatorial Guinea (1.02% in the 1st quarter of 2016).

The largest gains in US exports to Equatorial Guinea in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Miscellaneous chemical products (HS code 38) - an increase of $0.6 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.2 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.2 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $0.1 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.1 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $0.1 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $0.1 million;
  • 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) - an increase of $0.1 million.

The largest declines in US exports to Equatorial Guinea in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $2.3 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) - a decrease of $0.7 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.7 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.3 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) - a decrease of $0.2 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.1 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $0.1 million;
  • Miscellaneous articles of base metal (HS code 83) - a decrease of $0.1 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $0.1 million;
  • Organic chemicals (HS code 29) - a decrease of $0.1 million;
  • Glass and glassware (HS code 70) - a decrease of $0.1 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $0.1 million;
  • Iron and steel (HS code 72) - a decrease of $0.1 million.
US exports to Equatorial Guinea in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
02 Meat and edible meat offal 1,129.5 5.88 1,138.6-0.80
03 Fish and crustaceans, molluscs and other aquatic invertebrates 97.6 0.51 105.1-7.10
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 45.9 0.24 59.0-22.21
07 Edible vegetables and certain roots and tubers 2.8 0.01 42.4-93.45
08 Edible fruit and nuts; peel of citrus fruit or melons 33.2 0.17 122.9-73.03
09 Coffee, tea, maté and spices 5.0 0.03 22.9-78.38
10 Cereals 12.4 0.06 11.012.61
11 Products of the milling industry; malt; starches; inulin; wheat gluten 14.0 0.07 12.314.38
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 11.1 0.06 0.0
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 23.4 0.12 34.4-32.05
17 Sugars and sugar confectionery 0.0 0.00 5.7-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 63.1 0.33 24.6156.35
20 Preparations of vegetables, fruit, nuts or other parts of plants 16.2 0.08 4.3279.89
21 Miscellaneous edible preparations 139.8 0.73 97.343.65
22 Beverages, spirits and vinegar 75.0 0.39 39.888.23
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 4.7-100.00
26 Ores, slag and ash 2.8 0.01 3.3-14.36
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 296.3 1.54 222.133.40
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 131.9 0.69 125.25.35
29 Organic chemicals 56.5 0.29 136.5-58.61
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 113.0 0.59 167.7-32.63
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 184.6 0.96 413.0-55.30
35 Albuminoidal substances; modified starches; glues; enzymes 2.7 0.01 31.9-91.67
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 3.7 0.02 0.0
37 Photographic or cinematographic goods 0.0 0.00 12.5-100.00
38 Miscellaneous chemical products 1,870.4 9.73 1,229.052.19
39 Plastics and articles thereof 438.9 2.28 556.7-21.17
40 Rubber and articles thereof 145.5 0.76 209.2-30.46
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 23.2 0.12 18.624.60
44 Wood and articles of wood; wood charcoal 3.0 0.02 30.8-90.23
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 59.1 0.31 35.964.78
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 52.8 0.27 49.56.63
54 Man-made filaments 2.8 0.01 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 3.3 0.02 0.0
57 Carpets and other textile floor coverings 15.2 0.08 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 2.9 0.01 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 74.9 0.39 73.12.51
60 Knitted or crocheted fabrics 0.0 0.00 4.7-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 30.9 0.16 27.512.44
62 Articles of apparel and clothing accessories, not knitted or crocheted 127.2 0.66 207.8-38.81
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 102.2 0.53 51.299.76
64 Footwear, gaiters and the like; parts of such articles 37.0 0.19 85.6-56.78
65 Headgear and parts thereof 7.3 0.04 15.1-51.96
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 51.3 0.27 15.0242.55
69 Ceramic products 2.9 0.02 4.0-27.02
70 Glass and glassware 17.5 0.09 96.9-81.92
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0.0 0.00 7.5-100.00
72 Iron and steel 39.0 0.20 97.1-59.81
73 Articles of iron or steel 1,611.1 8.38 1,878.4-14.23
74 Copper and articles thereof 24.1 0.13 2.7790.91
75 Nickel and articles thereof 4.6 0.02 0.0
76 Aluminum and articles thereof 188.6 0.98 59.6216.24
79 Zinc and articles thereof 0.0 0.00 4.2-100.00
80 Tin and articles thereof 0.0 0.00 14.4-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 231.6 1.21 65.0256.39
83 Miscellaneous articles of base metal 23.9 0.12 105.1-77.21
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 7,278.0 37.86 9,627.6-24.41
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 1,574.3 8.19 2,294.9-31.40
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 0.0 0.00 7.0-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 806.7 4.20 1,488.5-45.80
88 Aircraft, spacecraft, and parts thereof 199.1 1.04 61.4224.11
89 Ships, boats and floating structures 100.2 0.52 2.63,789.37
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 897.9 4.67 734.222.29
91 Clocks and watches and parts thereof 2.7 0.01 41.2-93.42
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 327.3 1.70 267.822.22
95 Toys, games and sports requisites; parts and accessories thereof 56.6 0.29 0.0
96 Miscellaneous manufactured articles 10.4 0.05 11.8-11.98

US Imports from Equatorial Guinea

The major share of US imports from Equatorial Guinea in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 86.29% of US total imports from Equatorial Guinea (46.03% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.05% of US total imports from Equatorial Guinea (50.54% in the 1st quarter of 2016).

The largest gains in US imports from Equatorial Guinea in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Organic chemicals (HS code 29) - an increase of $20.1 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $0.4 million.

The largest declines in US imports from Equatorial Guinea in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $21.6 million.
US imports from Equatorial Guinea in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 24.0 0.05 21,625.0-99.89
29 Organic chemicals 39,788.6 86.29 19,694.9102.02
44 Wood and articles of wood; wood charcoal 440.0 0.95 0.0
73 Articles of iron or steel 0.0 0.00 2.7-100.00
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 45.6 0.10 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 2.6-100.00
97 Works of art, collectors’ pieces and antiques 100.1 0.22 56.377.87
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce