US trade (export - import) with Equatorial Guinea in 2014

Published or Updated: Feb 08, 2017

The report on US foreign trade in goods with Equatorial Guinea in 2014: exports, imports, balance, product types and groups, dynamics.

US Trade with Equatorial Guinea

In 2014, US trade with Equatorial Guinea was $843.1 million, down 49.96% ($841.8 million) from 2013.

US exports to Equatorial Guinea in 2014 were $574.8 million, down 23.98% ($181.3 million) from 2013.

US imports from Equatorial Guinea in 2014 were $268.3 million, down 71.11% ($660.4 million) from 2013.

US trade with Equatorial Guinea went from a deficit of $172.6 million in 2013, to a surplus of $306.5 million in 2014.

Equatorial Guinea was the US 105th largest trading partner in 2014 (down from 86th in 2013), accounting for 0.02% of US total trade (down from 0.04% in 2013).

Equatorial Guinea was the US 99th largest export market in 2014 (down from 87th in 2013), accounting for 0.04% of US total exports (down from 0.05% in 2013).

Equatorial Guinea was the US 105th largest supplier in 2014 (down from 82nd in 2013), accounting for 0.01% of US total imports (down from 0.04% in 2013).

US Exports to Equatorial Guinea

The major share of US exports to Equatorial Guinea in 2014 (and in 2013) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 80.95% of US total exports to Equatorial Guinea (84.26% in 2013);
  • Metals and products from them (HS codes 72-83) - 8.52% of US total exports to Equatorial Guinea (7.45% in 2013);
  • Chemical products (HS codes 28-40) - 3.85% of US total exports to Equatorial Guinea (2.57% in 2013);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.36% of US total exports to Equatorial Guinea (1.75% in 2013).

The largest gains in US exports to Equatorial Guinea in 2014 over 2013 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $315.0 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 $3.7 million;
  • Lead and articles thereof (HS code 78) - an increase of $3.4 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $2.8 million.

The largest declines in US exports to Equatorial Guinea in 2014 over 2013 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $474.9 million;
  • Articles of iron or steel (HS code 73) - a decrease of $14.9 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $10.6 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 $5.1 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $4.7 million.
US exports to Equatorial Guinea in 2014 by product groups
HS
code
Name of product group Value
of exports
in 2014
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2013
(USD thousand)
Change
in 2014
over 2013
(%)
02 Meat and edible meat offal 9,826.1 1.71 10,918.8-10.01
03 Fish and crustaceans, molluscs and other aquatic invertebrates 483.0 0.08 369.930.59
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 219.2 0.04 166.931.32
05 Products of animal origin, not elsewhere specified or included 7.7 0.00 0.0
07 Edible vegetables and certain roots and tubers 49.0 0.01 87.0-43.73
08 Edible fruit and nuts; peel of citrus fruit or melons 22.0 0.00 155.9-85.92
09 Coffee, tea, maté and spices 59.1 0.01 99.9-40.83
10 Cereals 38.2 0.01 44.4-13.93
11 Products of the milling industry; malt; starches; inulin; wheat gluten 40.7 0.01 55.3-26.44
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 5.8 0.00 0.0
13 Lac; gums, resins and other vegetable saps and extracts 11.6 0.00 23.1-49.75
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 77.2 0.01 60.826.81
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 164.1 0.03 124.531.81
17 Sugars and sugar confectionery 11.7 0.00 8.636.23
18 Cocoa and cocoa preparations 3.4 0.00 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 111.9 0.02 439.2-74.52
20 Preparations of vegetables, fruit, nuts or other parts of plants 38.3 0.01 50.7-24.47
21 Miscellaneous edible preparations 2,090.1 0.36 561.3272.35
22 Beverages, spirits and vinegar 329.5 0.06 80.4309.78
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 161.6 0.03 287.3-43.77
26 Ores, slag and ash 0.0 0.00 5.3-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,418.0 0.42 2,171.011.38
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 992.9 0.17 918.88.07
29 Organic chemicals 2,532.2 0.44 1,705.048.52
30 Pharmaceutical products 52.0 0.01 53.0-1.89
31 Fertilizers 0.0 0.00 7.3-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 953.2 0.17 1,544.5-38.29
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 64.2 0.01 106.0-39.44
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 2,938.2 0.51 2,326.226.31
35 Albuminoidal substances; modified starches; glues; enzymes 103.1 0.02 70.745.81
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 117.8 0.02 212.2-44.48
37 Photographic or cinematographic goods 29.2 0.01 0.0
38 Miscellaneous chemical products 7,867.4 1.37 5,071.255.14
39 Plastics and articles thereof 4,247.9 0.74 4,215.10.78
40 Rubber and articles thereof 2,245.9 0.39 3,229.9-30.47
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 394.0 0.07 236.066.92
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 6.6-100.00
44 Wood and articles of wood; wood charcoal 902.1 0.16 246.3266.21
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 596.7 0.10 386.754.28
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,062.3 0.18 489.6116.98
52 Cotton 0.0 0.00 252.7-100.00
54 Man-made filaments 15.3 0.00 17.2-10.88
55 Man-made staple fibers 0.0 0.00 7.8-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 151.6 0.03 395.7-61.69
57 Carpets and other textile floor coverings 48.1 0.01 46.63.14
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 7.3 0.00 6.119.71
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 121.5 0.02 433.0-71.93
61 Articles of apparel and clothing accessories, knitted or crocheted 267.0 0.05 447.5-40.33
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,075.8 0.19 848.026.87
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 854.5 0.15 862.3-0.91
64 Footwear, gaiters and the like; parts of such articles 532.8 0.09 706.0-24.53
65 Headgear and parts thereof 105.7 0.02 148.6-28.83
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 18.4 0.00 6.3189.88
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,678.8 0.29 602.2178.80
69 Ceramic products 697.7 0.12 1,100.1-36.58
70 Glass and glassware 608.9 0.11 222.7173.41
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 24.3 0.00 82.2-70.42
72 Iron and steel 1,222.8 0.21 395.5209.20
73 Articles of iron or steel 34,994.5 6.09 49,862.1-29.82
74 Copper and articles thereof 266.6 0.05 202.331.77
75 Nickel and articles thereof 1,543.1 0.27 1,176.531.16
76 Aluminum and articles thereof 1,690.5 0.29 902.687.29
78 Lead and articles thereof 3,710.5 0.65 319.41,061.60
79 Zinc and articles thereof 2.9 0.00 2.76.59
81 Other base metals; cermets; articles thereof 10.3 0.00 69.3-85.19
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 3,976.5 0.69 2,811.641.43
83 Miscellaneous articles of base metal 1,566.8 0.27 591.0165.11
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 115,536.6 20.10 590,474.0-80.43
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 14,450.4 2.51 19,543.4-26.06
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 449.4 0.08 1,250.7-64.07
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 7,635.2 1.33 8,869.4-13.92
88 Aircraft, spacecraft, and parts thereof 318,943.7 55.49 3,960.57,953.13
89 Ships, boats and floating structures 212.1 0.04 260.9-18.70
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 8,093.8 1.41 12,761.9-36.58
91 Clocks and watches and parts thereof 160.8 0.03 63.4153.82
93 Arms and ammunition; parts and accessories thereof 13.7 0.00 19.0-27.98
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 6,294.7 1.10 2,636.5138.75
95 Toys, games and sports requisites; parts and accessories thereof 188.0 0.03 225.4-16.58
96 Miscellaneous manufactured articles 245.0 0.04 202.620.97
97 Works of art, collectors’ pieces and antiques 0.0 0.00 106.2-100.00
99 Commodities not specified according to kind 6,112.4 1.06 16,712.6-63.43

US Imports from Equatorial Guinea

The major share of US imports from Equatorial Guinea in 2014 (and in 2013) was accounted for the following product types:

  • Chemical products (HS codes 28-40) - 48.69% of US total imports from Equatorial Guinea (14.37% in 2013);
  • Mineral products (HS codes 25-27) - 46.83% of US total imports from Equatorial Guinea (84.44% in 2013).

The largest gains in US imports from Equatorial Guinea in 2014 over 2013 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $1.5 million.

The largest declines in US imports from Equatorial Guinea in 2014 over the 2013 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 $658.6 million;
  • Organic chemicals (HS code 29) - a decrease of $2.9 million.
US imports from Equatorial Guinea in 2014 by product groups
HS
code
Name of product group Value
of imports
in 2014
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2013
USD thousand)
Change
in 2014
over 2013
(%)
01 Live animals 19.1 0.01 6.7186.51
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 7.3 0.00 2.9155.79
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 125,622.1 46.83 784,224.6-83.98
29 Organic chemicals 130,616.1 48.69 133,492.3-2.15
73 Articles of iron or steel 0.0 0.00 316.8-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 16.9 0.01 113.9-85.18
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 9.8 0.00 12.8-23.31
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 13.2 0.00 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 47.5-100.00
99 Commodities not specified according to kind 11,969.4 4.46 10,475.414.26
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce