US trade with Equatorial Guinea in the first half of 2017

Published or Updated: Oct 23, 2017

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

US Trade with Equatorial Guinea

In the first half of 2017, US trade with Equatorial Guinea totaled $269.3 million, up 62.65% ($103.7 million) from the first half of 2016.

US exports to Equatorial Guinea in the first half of 2017 totaled $59.0 million, up 27.88% ($12.9 million) from the first half of 2016.

US imports from Equatorial Guinea in the first half of 2017 totaled $210.2 million, up 76.10% ($90.9 million) from the first half of 2016.

US trade deficit with Equatorial Guinea in the first half of 2017 was $151.2 million, a 106.50% increase ($78.0 million) over the first half of 2016.

Equatorial Guinea was the US 112th largest trading partner in the first half of 2017 (up from 122nd in the first half of 2016), accounting for 0.0140% of US total trade (up from 0.0092% in the first half of 2016).

Equatorial Guinea was the US 135th largest export market in the first half of 2017 (up from 138th in the first half of 2016), accounting for 0.0078% of US total exports (up from 0.0065% in the first half of 2016).

Equatorial Guinea was the US 93rd largest supplier in the first half of 2017 (up from 103rd in the first half of 2016), accounting for 0.0180% of US total imports (up from 0.0110% in the first half of 2016).

US Exports to Equatorial Guinea

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 51.55% of US total exports to Equatorial Guinea (66.25% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 26.27% of US total exports to Equatorial Guinea (8.26% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 10.56% of US total exports to Equatorial Guinea (9.47% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 5.11% of US total exports to Equatorial Guinea (7.53% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.56% of US total exports to Equatorial Guinea (2.05% in the first half of 2016);
  • Mineral products (HS codes 25-27) - 1.04% of US total exports to Equatorial Guinea (0.90% in the first half of 2016).

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

  • Articles of iron or steel (HS code 73) - an increase of $11.1 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $5.2 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $2.0 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.5 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 $0.3 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.3 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $0.2 million.

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

  • 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 $1.8 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $1.7 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $1.6 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $0.3 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $0.2 million.
US exports to Equatorial Guinea in the first half of 2017 by product groups
HS
code
Name of product group Value
of exports
in first-half 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
02 Meat and edible meat offal 2,193.0 3.71 2,533.1-13.42
03 Fish and crustaceans, molluscs and other aquatic invertebrates 233.1 0.39 188.623.61
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 92.4 0.16 102.6-9.96
07 Edible vegetables and certain roots and tubers 2.8 0.00 57.2-95.14
08 Edible fruit and nuts; peel of citrus fruit or melons 52.3 0.09 173.5-69.84
09 Coffee, tea, maté and spices 9.2 0.02 32.1-71.37
10 Cereals 16.6 0.03 22.2-25.57
11 Products of the milling industry; malt; starches; inulin; wheat gluten 16.7 0.03 16.41.73
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 14.3 0.02 16.0-10.86
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 36.7 0.06 53.2-30.91
17 Sugars and sugar confectionery 0.0 0.00 12.2-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 69.1 0.12 52.731.04
20 Preparations of vegetables, fruit, nuts or other parts of plants 16.2 0.03 4.3279.89
21 Miscellaneous edible preparations 160.2 0.27 124.728.46
22 Beverages, spirits and vinegar 106.7 0.18 87.521.91
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 10.7 0.02 4.7126.44
26 Ores, slag and ash 10.1 0.02 3.3208.31
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 595.7 1.01 409.145.61
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 337.5 0.57 310.58.69
29 Organic chemicals 192.3 0.33 366.7-47.55
30 Pharmaceutical products 39.0 0.07 3.6991.55
31 Fertilizers 7.3 0.01 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 172.2 0.29 288.4-40.30
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 417.0 0.71 561.8-25.78
35 Albuminoidal substances; modified starches; glues; enzymes 10.1 0.02 42.9-76.41
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 9.6 0.02 0.0
37 Photographic or cinematographic goods 10.2 0.02 12.5-18.22
38 Miscellaneous chemical products 3,753.6 6.36 1,754.9113.89
39 Plastics and articles thereof 972.6 1.65 719.335.21
40 Rubber and articles thereof 306.9 0.52 310.5-1.16
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 82.9 0.14 45.482.74
44 Wood and articles of wood; wood charcoal 15.2 0.03 96.3-84.19
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 97.8 0.17 80.421.55
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 91.6 0.16 119.1-23.16
54 Man-made filaments 5.6 0.01 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 15.7 0.03 20.9-24.76
57 Carpets and other textile floor coverings 25.6 0.04 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 2.9 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 127.9 0.22 98.529.86
60 Knitted or crocheted fabrics 0.0 0.00 4.7-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 98.9 0.17 37.6163.17
62 Articles of apparel and clothing accessories, not knitted or crocheted 270.7 0.46 385.3-29.75
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 231.8 0.39 253.0-8.39
64 Footwear, gaiters and the like; parts of such articles 131.3 0.22 129.11.72
65 Headgear and parts thereof 12.9 0.02 18.3-29.19
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 73.9 0.13 84.3-12.28
69 Ceramic products 6.6 0.01 17.9-63.29
70 Glass and glassware 131.7 0.22 146.4-10.04
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 0.03 10.098.37
72 Iron and steel 214.3 0.36 115.984.87
73 Articles of iron or steel 13,810.3 23.39 2,671.7416.92
74 Copper and articles thereof 27.6 0.05 21.627.57
75 Nickel and articles thereof 7.8 0.01 0.0
76 Aluminum and articles thereof 324.5 0.55 201.860.80
79 Zinc and articles thereof 0.0 0.00 47.7-100.00
80 Tin and articles thereof 0.0 0.00 14.4-100.00
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 1,046.4 1.77 525.199.28
83 Miscellaneous articles of base metal 80.0 0.14 210.7-62.04
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 23,876.7 40.44 18,640.628.09
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 2,753.2 4.66 4,588.9-40.00
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 0.29 10.81,501.94
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,850.6 3.13 3,458.1-46.48
88 Aircraft, spacecraft, and parts thereof 207.1 0.35 1,943.3-89.35
89 Ships, boats and floating structures 100.2 0.17 337.6-70.31
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,473.7 2.50 1,605.8-8.23
91 Clocks and watches and parts thereof 25.6 0.04 88.0-70.95
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 808.4 1.37 528.652.93
95 Toys, games and sports requisites; parts and accessories thereof 60.5 0.10 10.9455.99
96 Miscellaneous manufactured articles 15.7 0.03 48.1-67.40
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 first half of 2017 (and in the first half of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 63.77% of US total imports from Equatorial Guinea (68.52% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 32.82% of US total imports from Equatorial Guinea (29.69% in the first half of 2016).

The largest gains in US imports from Equatorial Guinea in the first half of 2017 over the first half 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 $52.3 million;
  • Organic chemicals (HS code 29) - an increase of $33.6 million.

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

  • No product groups with a substantial decrease.
US imports from Equatorial Guinea in the first half of 2017 by product groups
HS
code
Name of product group Value
of imports
in first-half 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 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 134,069.8 63.77 81,806.663.89
29 Organic chemicals 69,003.3 32.82 35,451.594.64
44 Wood and articles of wood; wood charcoal 440.0 0.21 404.38.82
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.8 0.00 0.0
73 Articles of iron or steel 0.0 0.00 2.7-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 12.6-100.00
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 45.6 0.02 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 103.1 0.05 56.383.22
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce