US trade with Equatorial Guinea in the 2nd quarter of 2017

Published or Updated: Sep 19, 2017

The report on US foreign trade in goods with Equatorial Guinea in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Equatorial Guinea

In the 2nd quarter of 2017, US trade with Equatorial Guinea totaled $203.9 million, up 103.69% ($103.8 million) from the 2nd quarter of 2016.

US exports to Equatorial Guinea in the 2nd quarter of 2017 totaled $39.8 million, up 69.22% ($16.3 million) from the 2nd quarter of 2016.

US imports from Equatorial Guinea in the 2nd quarter of 2017 totaled $164.1 million, up 114.27% ($87.5 million) from the 2nd quarter of 2016.

US trade deficit with Equatorial Guinea in the 2nd quarter of 2017 was $124.3 million, a 134.24% increase ($71.2 million) over the 2nd quarter of 2016.

Equatorial Guinea was the US 103rd largest trading partner in the 2nd quarter of 2017 (up from 117th in the 2nd quarter of 2016), accounting for 0.0207% of US total trade (up from 0.0108% in the 2nd quarter of 2016).

Equatorial Guinea was the US 129th largest export market in the 2nd quarter of 2017 (up from 134th in the 2nd quarter of 2016), accounting for 0.0104% of US total exports (up from 0.0065% in the 2nd quarter of 2016).

Equatorial Guinea was the US 82nd largest supplier in the 2nd quarter of 2017 (up from 101st in the 2nd quarter of 2016), accounting for 0.0273% of US total imports (up from 0.0136% in the 2nd quarter of 2016).

US Exports to Equatorial Guinea

The major share of US exports to Equatorial Guinea in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 49.17% of US total exports to Equatorial Guinea (69.57% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 33.62% of US total exports to Equatorial Guinea (6.74% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 8.25% of US total exports to Equatorial Guinea (6.33% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.39% of US total exports to Equatorial Guinea (7.46% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.31% of US total exports to Equatorial Guinea (2.05% in the 2nd quarter of 2016).

The largest gains in US exports to Equatorial Guinea in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Articles of iron or steel (HS code 73) - an increase of $11.4 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $7.6 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $1.4 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.4 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.4 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 $0.2 million;
  • 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 (HS code 86) - an increase of $0.2 million;
  • Iron and steel (HS code 72) - an increase of $0.2 million.

The largest declines in US exports to Equatorial Guinea in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $1.9 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) - a decrease of $1.1 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.9 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $0.3 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $0.3 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.3 million.
US exports to Equatorial Guinea in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
02 Meat and edible meat offal 1,063.6 2.67 1,394.4-23.73
03 Fish and crustaceans, molluscs and other aquatic invertebrates 135.5 0.34 83.562.24
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 46.4 0.12 43.56.65
07 Edible vegetables and certain roots and tubers 0.0 0.00 14.8-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 19.2 0.05 50.5-62.09
09 Coffee, tea, maté and spices 4.2 0.01 9.1-53.74
10 Cereals 4.1 0.01 11.2-63.19
11 Products of the milling industry; malt; starches; inulin; wheat gluten 2.7 0.01 4.2-35.49
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3.1 0.01 16.0-80.52
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 13.3 0.03 18.7-28.83
17 Sugars and sugar confectionery 0.0 0.00 6.5-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 5.9 0.01 28.1-78.82
21 Miscellaneous edible preparations 20.4 0.05 27.4-25.60
22 Beverages, spirits and vinegar 31.7 0.08 47.7-33.52
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 10.7 0.03 0.0
26 Ores, slag and ash 7.3 0.02 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 299.3 0.75 187.060.12
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 205.6 0.52 185.310.95
29 Organic chemicals 135.8 0.34 230.2-40.98
30 Pharmaceutical products 39.0 0.10 3.6991.55
31 Fertilizers 7.3 0.02 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 59.2 0.15 120.7-50.96
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 4.7 0.01 0.0
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 232.4 0.58 148.856.13
35 Albuminoidal substances; modified starches; glues; enzymes 7.5 0.02 11.0-32.09
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 5.9 0.01 0.0
37 Photographic or cinematographic goods 10.2 0.03 0.0
38 Miscellaneous chemical products 1,883.2 4.73 525.9258.11
39 Plastics and articles thereof 533.7 1.34 162.6228.27
40 Rubber and articles thereof 161.4 0.41 101.359.38
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 59.8 0.15 26.8123.11
44 Wood and articles of wood; wood charcoal 12.2 0.03 65.5-81.36
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 38.6 0.10 44.6-13.27
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 38.8 0.10 69.7-44.31
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 12.5 0.03 20.9-40.35
57 Carpets and other textile floor coverings 10.4 0.03 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 53.0 0.13 25.4108.55
61 Articles of apparel and clothing accessories, knitted or crocheted 68.1 0.17 10.1571.32
62 Articles of apparel and clothing accessories, not knitted or crocheted 143.5 0.36 177.5-19.13
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 129.6 0.33 201.9-35.81
64 Footwear, gaiters and the like; parts of such articles 94.3 0.24 43.5116.99
65 Headgear and parts thereof 5.7 0.01 3.279.46
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 22.6 0.06 69.3-67.41
69 Ceramic products 3.6 0.01 13.9-73.82
70 Glass and glassware 114.2 0.29 49.5130.75
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 19.9 0.05 2.5688.69
72 Iron and steel 175.3 0.44 18.8832.62
73 Articles of iron or steel 12,199.2 30.64 793.21,437.89
74 Copper and articles thereof 3.5 0.01 18.9-81.52
75 Nickel and articles thereof 3.2 0.01 0.0
76 Aluminum and articles thereof 136.0 0.34 142.2-4.38
79 Zinc and articles thereof 0.0 0.00 43.6-100.00
81 Other base metals; cermets; articles thereof 0.0 0.00 4.0-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 814.8 2.05 460.177.09
83 Miscellaneous articles of base metal 56.1 0.14 105.7-46.95
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 16,598.7 41.69 9,012.984.17
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 1,178.9 2.96 2,294.0-48.61
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 173.0 0.43 3.84,452.89
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,043.9 2.62 1,969.6-47.00
88 Aircraft, spacecraft, and parts thereof 8.0 0.02 1,881.9-99.57
89 Ships, boats and floating structures 0.0 0.00 335.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 575.9 1.45 871.6-33.93
91 Clocks and watches and parts thereof 22.8 0.06 46.7-51.11
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 3.9-100.00
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 481.1 1.21 260.884.46
95 Toys, games and sports requisites; parts and accessories thereof 3.8 0.01 10.9-64.64
96 Miscellaneous manufactured articles 5.3 0.01 36.3-85.41
97 Works of art, collectors’ pieces and antiques 3.5 0.01 0.0

US Imports from Equatorial Guinea

The major share of US imports from Equatorial Guinea in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 81.67% of US total imports from Equatorial Guinea (78.57% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 17.80% of US total imports from Equatorial Guinea (20.57% in the 2nd quarter of 2016).

The largest gains in US imports from Equatorial Guinea in the 2nd quarter of 2017 over the 2nd 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) - an increase of $73.9 million;
  • Organic chemicals (HS code 29) - an increase of $13.5 million.

The largest declines in US imports from Equatorial Guinea in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Equatorial Guinea in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
01 Live animals 0.0 0.00 20.5-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 134,045.8 81.67 60,181.5122.74
29 Organic chemicals 29,214.7 17.80 15,756.685.41
44 Wood and articles of wood; wood charcoal 0.0 0.00 404.3-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.8 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 12.6-100.00
97 Works of art, collectors’ pieces and antiques 3.0 0.00 0.0
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce