US trade (export - import) with Equatorial Guinea in 2016
Published or Updated: May 03, 2017
The report on US foreign trade in goods with Equatorial Guinea in 2016: exports, imports, balance, product types and groups, dynamics.
US Trade with Equatorial Guinea
In 2016, US trade with Equatorial Guinea totaled $488.6 million, up 46.57% ($155.2 million) from 2015.
US exports to Equatorial Guinea in 2016 totaled $278.4 million, up 75.62% ($119.9 million) from 2015.
US imports from Equatorial Guinea in 2016 totaled $210.1 million, up 20.22% ($35.3 million) from 2015.
US trade balance with Equatorial Guinea went from a deficit of $16.2 million in 2015, to a surplus of $68.3 million in 2016.
Equatorial Guinea was the US 111th largest trading partner in 2016 (up from 125th in 2015), accounting for 0.0132% of US total trade (up from 0.0087% in 2015).
Equatorial Guinea was the US 112th largest export market in 2016 (up from 129th in 2015), accounting for 0.0192% of US total exports (up from 0.0105% in 2015).
Equatorial Guinea was the US 107th largest supplier in 2016 (up from 109th in 2015), accounting for 0.0093% of US total imports (up from 0.0076% in 2015).
US Exports to Equatorial Guinea
The major share of US exports to Equatorial Guinea in 2016 (and in 2015) was accounted for the following product types:
- Machinery, equipment and vehicles (HS codes 84-90) - 85.24% of US total exports to Equatorial Guinea (63.16% in 2015);
- Chemical products (HS codes 28-40) - 4.43% of US total exports to Equatorial Guinea (9.00% in 2015);
- Metals and products from them (HS codes 72-83) - 4.30% of US total exports to Equatorial Guinea (12.00% in 2015);
- Food products and agricultural raw materials (HS codes 01-24) - 3.14% of US total exports to Equatorial Guinea (7.25% in 2015);
- Textiles, textile products and footwear (HS codes 50-67) - 0.61% of US total exports to Equatorial Guinea (1.69% in 2015);
- Mineral products (HS codes 25-27) - 0.42% of US total exports to Equatorial Guinea (1.07% in 2015).
The largest gains in US exports to Equatorial Guinea in 2016 over 2015 were recorded for the following product groups:
- Ships, boats and floating structures (HS code 89) - an increase of $177,448.9 thousand;
- Aluminum and articles thereof (HS code 76) - an increase of $3,542.3 thousand;
- Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $3,398.6 thousand;
- Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $2,630.4 thousand;
- Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $1,424.2 thousand.
The largest declines in US exports to Equatorial Guinea in 2016 over 2015 were recorded for the following product groups:
- Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $37,497.5 thousand;
- Articles of iron or steel (HS code 73) - a decrease of $8,718.8 thousand;
- 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 $3,937.6 thousand;
- Meat and edible meat offal (HS code 02) - a decrease of $2,973.7 thousand;
- Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $2,655.7 thousand;
- Miscellaneous chemical products (HS code 38) - a decrease of $2,408.1 thousand;
- 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) - a decrease of $2,186.5 thousand;
- Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $1,187.5 thousand;
- Rubber and articles thereof (HS code 40) - a decrease of $1,129.1 thousand.
| HS code |
Name of product group | Value of exports in 2016 (USD thousand) |
Share in total export (%) |
Value of exports in 2015 (USD thousand) |
Change in 2016 over 2015 (%) |
|---|---|---|---|---|---|
| 02 | Meat and edible meat offal | 6,429.6 | 2.31 | 9,403.2 | -31.62 |
| 03 | Fish and crustaceans, molluscs and other aquatic invertebrates | 317.9 | 0.11 | 278.8 | 14.04 |
| 04 | Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included | 173.4 | 0.06 | 197.6 | -12.24 |
| 07 | Edible vegetables and certain roots and tubers | 60.3 | 0.02 | 30.7 | 96.50 |
| 08 | Edible fruit and nuts; peel of citrus fruit or melons | 209.9 | 0.08 | 32.2 | 552.32 |
| 09 | Coffee, tea, maté and spices | 59.6 | 0.02 | 46.4 | 28.61 |
| 10 | Cereals | 36.0 | 0.01 | 45.2 | -20.36 |
| 11 | Products of the milling industry; malt; starches; inulin; wheat gluten | 24.2 | 0.01 | 20.0 | 21.18 |
| 15 | Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes | 33.0 | 0.01 | 41.7 | -20.85 |
| 16 | Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 78.6 | 0.03 | 83.9 | -6.23 |
| 17 | Sugars and sugar confectionery | 12.2 | 0.00 | 9.6 | 27.01 |
| 19 | Preparations of cereals, flour, starch or milk; bakers’ wares | 64.5 | 0.02 | 187.8 | -65.68 |
| 20 | Preparations of vegetables, fruit, nuts or other parts of plants | 11.6 | 0.00 | 42.2 | -72.61 |
| 21 | Miscellaneous edible preparations | 1,091.2 | 0.39 | 669.3 | 63.05 |
| 22 | Beverages, spirits and vinegar | 135.4 | 0.05 | 401.1 | -66.24 |
| 23 | Residues and waste from the food industries; prepared animal feed | 5.6 | 0.00 | 0.0 | ∞ |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 4.7 | 0.00 | 76.7 | -93.87 |
| 26 | Ores, slag and ash | 6.2 | 0.00 | 6.5 | -4.17 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 1,148.8 | 0.41 | 1,613.4 | -28.80 |
| 28 | Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes | 511.1 | 0.18 | 467.6 | 9.31 |
| 29 | Organic chemicals | 1,332.0 | 0.48 | 1,234.4 | 7.91 |
| 30 | Pharmaceutical products | 3.6 | 0.00 | 27.6 | -87.08 |
| 31 | Fertilizers | 7.0 | 0.00 | 8.4 | -16.67 |
| 32 | Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics | 4,020.5 | 1.44 | 621.8 | 546.57 |
| 33 | Essential oils and resinoids; perfumery, cosmetic or toilet preparations | 5.2 | 0.00 | 26.0 | -80.00 |
| 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 | 986.0 | 0.35 | 1,796.9 | -45.12 |
| 35 | Albuminoidal substances; modified starches; glues; enzymes | 61.2 | 0.02 | 15.3 | 298.94 |
| 36 | Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations | 4.5 | 0.00 | 381.8 | -98.83 |
| 37 | Photographic or cinematographic goods | 12.5 | 0.00 | 5.0 | 149.02 |
| 38 | Miscellaneous chemical products | 3,413.1 | 1.23 | 5,821.2 | -41.37 |
| 39 | Plastics and articles thereof | 1,383.0 | 0.50 | 2,131.3 | -35.11 |
| 40 | Rubber and articles thereof | 598.7 | 0.22 | 1,727.8 | -65.35 |
| 42 | Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) | 124.0 | 0.04 | 163.3 | -24.06 |
| 44 | Wood and articles of wood; wood charcoal | 128.3 | 0.05 | 189.4 | -32.26 |
| 46 | Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork | 0.0 | 0.00 | 3.9 | -100.00 |
| 48 | Paper and paperboard; articles of paper pulp, of paper or of paperboard | 203.6 | 0.07 | 857.6 | -76.26 |
| 49 | Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans | 230.4 | 0.08 | 463.8 | -50.32 |
| 54 | Man-made filaments | 0.0 | 0.00 | 20.8 | -100.00 |
| 56 | Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof | 81.2 | 0.03 | 104.8 | -22.48 |
| 57 | Carpets and other textile floor coverings | 0.0 | 0.00 | 13.0 | -100.00 |
| 58 | Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery | 4.6 | 0.00 | 4.4 | 5.90 |
| 59 | Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use | 220.2 | 0.08 | 149.3 | 47.43 |
| 60 | Knitted or crocheted fabrics | 4.7 | 0.00 | 0.0 | ∞ |
| 61 | Articles of apparel and clothing accessories, knitted or crocheted | 66.1 | 0.02 | 168.2 | -60.69 |
| 62 | Articles of apparel and clothing accessories, not knitted or crocheted | 720.5 | 0.26 | 950.9 | -24.22 |
| 63 | Other made up textile articles; sets; worn clothing and worn textile articles; rags | 356.0 | 0.13 | 472.9 | -24.72 |
| 64 | Footwear, gaiters and the like; parts of such articles | 224.8 | 0.08 | 725.1 | -69.00 |
| 65 | Headgear and parts thereof | 20.8 | 0.01 | 62.0 | -66.43 |
| 66 | Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof | 0.0 | 0.00 | 14.5 | -100.00 |
| 68 | Articles of stone, plaster, cement, asbestos, mica or similar materials | 444.2 | 0.16 | 1,043.9 | -57.45 |
| 69 | Ceramic products | 80.6 | 0.03 | 156.1 | -48.33 |
| 70 | Glass and glassware | 291.4 | 0.10 | 384.7 | -24.24 |
| 71 | Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin | 12.8 | 0.00 | 21.2 | -39.66 |
| 72 | Iron and steel | 351.7 | 0.13 | 348.2 | 1.03 |
| 73 | Articles of iron or steel | 6,476.2 | 2.33 | 15,195.0 | -57.38 |
| 74 | Copper and articles thereof | 71.0 | 0.03 | 163.9 | -56.66 |
| 75 | Nickel and articles thereof | 18.5 | 0.01 | 192.1 | -90.36 |
| 76 | Aluminum and articles thereof | 3,807.9 | 1.37 | 265.6 | 1,333.67 |
| 78 | Lead and articles thereof | 71.4 | 0.03 | 40.3 | 77.41 |
| 79 | Zinc and articles thereof | 61.1 | 0.02 | 120.3 | -49.16 |
| 80 | Tin and articles thereof | 26.9 | 0.01 | 9.2 | 192.45 |
| 81 | Other base metals; cermets; articles thereof | 4.0 | 0.00 | 53.6 | -92.52 |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 810.8 | 0.29 | 1,998.2 | -59.43 |
| 83 | Miscellaneous articles of base metal | 274.9 | 0.10 | 635.4 | -56.74 |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 31,770.9 | 11.41 | 69,268.4 | -54.13 |
| 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 | 9,880.8 | 3.55 | 13,818.4 | -28.50 |
| 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 | 191.4 | 0.07 | 394.9 | -51.53 |
| 87 | Vehicles other than railway or tramway rolling stock, and parts and accessories thereof | 6,204.8 | 2.23 | 3,574.4 | 73.59 |
| 88 | Aircraft, spacecraft, and parts thereof | 2,672.3 | 0.96 | 5,328.0 | -49.84 |
| 89 | Ships, boats and floating structures | 180,359.4 | 64.78 | 2,910.5 | 6,096.85 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 6,262.7 | 2.25 | 4,838.5 | 29.43 |
| 91 | Clocks and watches and parts thereof | 100.1 | 0.04 | 53.9 | 85.84 |
| 92 | Musical instruments; parts and accessories of such articles | 0.0 | 0.00 | 8.4 | -100.00 |
| 93 | Arms and ammunition; parts and accessories thereof | 12.8 | 0.00 | 3.2 | 295.41 |
| 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 | 1,211.5 | 0.44 | 3,398.1 | -64.35 |
| 95 | Toys, games and sports requisites; parts and accessories thereof | 70.1 | 0.03 | 131.1 | -46.53 |
| 96 | Miscellaneous manufactured articles | 244.5 | 0.09 | 52.4 | 366.86 |
| 97 | Works of art, collectors’ pieces and antiques | 0.0 | 0.00 | 59.0 | -100.00 |
| 99 | Commodities not specified according to kind | 2,015.8 | 0.72 | 2,254.4 | -10.58 |
US Imports from Equatorial Guinea
The major share of US imports from Equatorial Guinea in 2016 (and in 2015) was accounted for the following product types:
- Mineral products (HS codes 25-27) - 62.95% of US total imports from Equatorial Guinea (45.68% in 2015);
- Chemical products (HS codes 28-40) - 33.95% of US total imports from Equatorial Guinea (51.80% in 2015).
The largest gains in US imports from Equatorial Guinea in 2016 over 2015 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 $52,440.9 thousand;
- Wood and articles of wood; wood charcoal (HS code 44) - an increase of $1,879.3 thousand.
The largest declines in US imports from Equatorial Guinea in 2016 over the 2015 were recorded for the following product groups:
- Organic chemicals (HS code 29) - a decrease of $19,198.3 thousand.
| HS code |
Name of product group | Value of imports in 2016 (USD thousand) |
Share in total import (%) |
Value of imports in 2015 USD thousand) |
Change in 2016 over 2015 (%) |
|---|---|---|---|---|---|
| 01 | Live animals | 31.6 | 0.02 | 6.5 | 383.03 |
| 25 | Salt; sulfur; earths and stone; plastering materials, lime and cement | 0.0 | 0.00 | 9.3 | -100.00 |
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 132,271.6 | 62.95 | 79,830.7 | 65.69 |
| 29 | Organic chemicals | 71,333.5 | 33.95 | 90,531.8 | -21.21 |
| 38 | Miscellaneous chemical products | 0.0 | 0.00 | 10.0 | -100.00 |
| 44 | Wood and articles of wood; wood charcoal | 1,984.6 | 0.94 | 105.3 | 1,784.76 |
| 73 | Articles of iron or steel | 2.7 | 0.00 | 0.0 | ∞ |
| 82 | Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal | 12.6 | 0.01 | 0.0 | ∞ |
| 84 | Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 0.0 | 0.00 | 90.6 | -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 | 0.0 | 0.00 | 12.5 | -100.00 |
| 90 | Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof | 7.2 | 0.00 | 28.5 | -74.66 |
| 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 | 1.0 | 0.00 | 0.0 | ∞ |
| 97 | Works of art, collectors’ pieces and antiques | 56.3 | 0.03 | 0.0 | ∞ |
| 99 | Commodities not specified according to kind | 4,431.5 | 2.11 | 4,159.6 | 6.54 |