US trade with Equatorial Guinea in the 3rd quarter of 2017

Published or Updated: Apr 08, 2018

The report on US foreign trade in goods with Equatorial Guinea in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Equatorial Guinea

In the 3rd quarter of 2017, US trade with Equatorial Guinea was $110.5 million, down 53.38% ($126.6 million) from the 3rd quarter of 2016.

US exports to Equatorial Guinea in the 3rd quarter of 2017 were $27.7 million, down 86.24% ($173.5 million) from the 3rd quarter of 2016.

US imports from Equatorial Guinea in the 3rd quarter of 2017 totaled $82.9 million, up 130.28% ($46.9 million) from the 3rd quarter of 2016.

US trade balance with Equatorial Guinea went from a surplus of $165.1 million in the 3rd quarter of 2016, to a deficit of $55.2 million in the 3rd quarter of 2017.

Equatorial Guinea was the US 114th largest trading partner in the 3rd quarter of 2017 (down from 95th in the 3rd quarter of 2016), accounting for 0.0112% of US total trade (down from 0.0289% in the 3rd quarter of 2016).

Equatorial Guinea was the US 136th largest export market in the 3rd quarter of 2017 (down from 80th in the 3rd quarter of 2016), accounting for 0.0073% of US total exports (down from 0.0580% in the 3rd quarter of 2016).

Equatorial Guinea was the US 100th largest supplier in the 3rd quarter of 2017 (up from 116th in the 3rd quarter of 2016), accounting for 0.0137% of US total imports (up from 0.0076% in the 3rd quarter of 2016).

US Exports to Equatorial Guinea

The major share of US exports to Equatorial Guinea in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 49.28% of US total exports to Equatorial Guinea (94.15% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 26.49% of US total exports to Equatorial Guinea (2.23% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 13.43% of US total exports to Equatorial Guinea (1.10% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 5.41% of US total exports to Equatorial Guinea (1.41% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.03% of US total exports to Equatorial Guinea (0.26% in the 3rd quarter of 2016).

The largest gains in US exports to Equatorial Guinea in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $6.4 million;
  • Articles of iron or steel (HS code 73) - an increase of $5.9 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $1.4 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $0.5 million;
  • Iron and steel (HS code 72) - an increase of $0.3 million;
  • Rubber and articles thereof (HS code 40) - an increase of $0.3 million;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $0.2 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $0.2 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.1 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $0.1 million.

The largest declines in US exports to Equatorial Guinea in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Ships, boats and floating structures (HS code 89) - a decrease of $180.0 million;
  • Aluminum and articles thereof (HS code 76) - a decrease of $3.4 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 $1.8 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $1.5 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $1.1 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $0.3 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $0.2 million;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $0.2 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) - a decrease of $0.1 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 $0.1 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.1 million;
  • Glass and glassware (HS code 70) - a decrease of $0.1 million.
US exports to Equatorial Guinea in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
02 Meat and edible meat offal 1,069.5 3.87 2,528.1-57.69
03 Fish and crustaceans, molluscs and other aquatic invertebrates 85.3 0.31 93.1-8.30
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 11.6 0.04 50.8-77.10
07 Edible vegetables and certain roots and tubers 6.1 0.02 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 12.6 0.05 23.4-45.87
09 Coffee, tea, maté and spices 6.6 0.02 8.8-24.72
10 Cereals 4.2 0.02 8.7-51.81
11 Products of the milling industry; malt; starches; inulin; wheat gluten 5.8 0.02 7.8-25.25
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 6.0 0.02 8.1-25.89
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0.0 0.00 18.1-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 231.7 0.84 3.76,110.80
20 Preparations of vegetables, fruit, nuts or other parts of plants 3.7 0.01 0.0
21 Miscellaneous edible preparations 13.2 0.05 29.7-55.71
22 Beverages, spirits and vinegar 39.4 0.14 47.9-17.78
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 5.6-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 63.7 0.23 0.0
26 Ores, slag and ash 0.0 0.00 3.0-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 221.5 0.80 511.2-56.68
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 141.3 0.51 89.957.09
29 Organic chemicals 175.8 0.64 170.92.85
31 Fertilizers 4.0 0.01 7.0-42.86
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 128.2 0.46 101.925.83
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 5.2-100.00
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 135.6 0.49 237.9-43.01
35 Albuminoidal substances; modified starches; glues; enzymes 3.2 0.01 14.4-78.02
38 Miscellaneous chemical products 2,408.9 8.71 1,049.1129.60
39 Plastics and articles thereof 316.0 1.14 416.7-24.16
40 Rubber and articles thereof 402.4 1.45 127.1216.69
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 51.7 0.19 21.3143.08
44 Wood and articles of wood; wood charcoal 2.9 0.01 24.9-88.53
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 42.5 0.15 77.1-44.86
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 86.7 0.31 50.472.19
54 Man-made filaments 6.3 0.02 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 4.8 0.02 13.9-65.27
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 13.5 0.05 48.0-71.82
61 Articles of apparel and clothing accessories, knitted or crocheted 10.5 0.04 21.6-51.64
62 Articles of apparel and clothing accessories, not knitted or crocheted 101.0 0.37 265.2-61.90
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 88.9 0.32 51.572.54
64 Footwear, gaiters and the like; parts of such articles 27.5 0.10 55.8-50.73
65 Headgear and parts thereof 7.6 0.03 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 69.9 0.25 272.2-74.33
69 Ceramic products 6.6 0.02 47.4-86.18
70 Glass and glassware 5.4 0.02 97.3-94.45
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 17.9 0.06 0.0
72 Iron and steel 494.0 1.79 145.2240.28
73 Articles of iron or steel 6,547.4 23.67 658.1894.96
74 Copper and articles thereof 3.9 0.01 45.0-91.26
75 Nickel and articles thereof 2.6 0.01 0.0
76 Aluminum and articles thereof 16.4 0.06 3,448.1-99.52
78 Lead and articles thereof 0.0 0.00 56.4-100.00
80 Tin and articles thereof 0.0 0.00 12.5-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 215.7 0.78 83.5158.39
83 Miscellaneous articles of base metal 48.5 0.18 44.19.96
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 10,623.8 38.40 4,236.6150.76
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 1,053.3 3.81 2,823.2-62.69
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 421.5 1.52 1,498.1-71.86
88 Aircraft, spacecraft, and parts thereof 338.2 1.22 117.5187.87
89 Ships, boats and floating structures 60.1 0.22 180,019.3-99.97
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,135.3 4.10 650.774.47
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 198.7 0.72 318.3-37.57
95 Toys, games and sports requisites; parts and accessories thereof 11.2 0.04 8.236.17
96 Miscellaneous manufactured articles 14.2 0.05 21.0-32.70
99 Commodities not specified according to kind 440.0 1.59 317.738.49

US Imports from Equatorial Guinea

The major share of US imports from Equatorial Guinea in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 65.16% of US total imports from Equatorial Guinea (44.04% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 32.86% of US total imports from Equatorial Guinea (47.52% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.00% of US total imports from Equatorial Guinea (1.13% in the 3rd quarter of 2016).

The largest gains in US imports from Equatorial Guinea in the 3rd quarter of 2017 over the 3rd 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 $38.1 million;
  • Organic chemicals (HS code 29) - an increase of $10.1 million.

The largest declines in US imports from Equatorial Guinea in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $1.0 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $0.4 million.
US imports from Equatorial Guinea in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
01 Live animals 0.0 0.00 11.1-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 53,994.8 65.16 15,846.9240.73
29 Organic chemicals 27,230.6 32.86 17,099.359.25
44 Wood and articles of wood; wood charcoal 0.0 0.00 408.3-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 5.0 0.01 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2.4 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 4.7-100.00
99 Commodities not specified according to kind 1,631.1 1.97 2,612.8-37.57
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce