US trade with Equatorial Guinea in the 4th quarter of 2017

Published or Updated: May 05, 2018

The report on US foreign trade in goods with Equatorial Guinea in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Equatorial Guinea

In the 4th quarter of 2017, US trade with Equatorial Guinea totaled $110.2 million, up 28.26% ($24.3 million) from the 4th quarter of 2016.

US exports to Equatorial Guinea in the 4th quarter of 2017 were $25.1 million, down 19.27% ($6.0 million) from the 4th quarter of 2016.

US imports from Equatorial Guinea in the 4th quarter of 2017 totaled $85.0 million, up 55.30% ($30.3 million) from the 4th quarter of 2016.

US trade deficit with Equatorial Guinea in the 4th quarter of 2017 was $59.9 million, a 153.63% increase ($36.3 million) over the 4th quarter of 2016.

Equatorial Guinea was the US 123rd largest trading partner in the 4th quarter of 2017 (up from 129th in the 4th quarter of 2016), accounting for 0.0106% of US total trade (up from 0.0089% in the 4th quarter of 2016).

Equatorial Guinea was the US 142nd largest export market in the 4th quarter of 2017 (down from 137th in the 4th quarter of 2016), accounting for 0.0062% of US total exports (down from 0.0082% in the 4th quarter of 2016).

Equatorial Guinea was the US 102nd largest supplier in the 4th quarter of 2017 (up from 106th in the 4th quarter of 2016), accounting for 0.0134% of US total imports (up from 0.0094% in the 4th quarter of 2016).

US Exports to Equatorial Guinea

The major share of US exports to Equatorial Guinea in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 62.91% of US total exports to Equatorial Guinea (55.91% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 11.32% of US total exports to Equatorial Guinea (18.45% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 9.76% of US total exports to Equatorial Guinea (11.78% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 7.90% of US total exports to Equatorial Guinea (7.81% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.73% of US total exports to Equatorial Guinea (0.73% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.59% of US total exports to Equatorial Guinea (0.95% in the 4th quarter of 2016).

The largest gains in US exports to Equatorial Guinea in the 4th quarter of 2017 over the 4th 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 $2.8 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $1.2 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - 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;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase 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) - an increase of $0.1 million;
  • Meat and edible meat offal (HS code 02) - an increase of $0.1 million;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $0.1 million.

The largest declines in US exports to Equatorial Guinea in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $3.5 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $3.1 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 $1.3 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $0.8 million;
  • Articles of iron or steel (HS code 73) - a decrease of $0.8 million;
  • Organic chemicals (HS code 29) - a decrease of $0.6 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $0.2 million;
  • Miscellaneous manufactured articles (HS code 96) - a decrease 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) - a decrease of $0.2 million;
  • Aluminum and articles thereof (HS code 76) - a decrease of $0.1 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $0.1 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $0.1 million.
US exports to Equatorial Guinea in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
02 Meat and edible meat offal 1,461.2 5.81 1,368.46.79
03 Fish and crustaceans, molluscs and other aquatic invertebrates 141.5 0.56 36.2290.50
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 69.2 0.28 20.1244.74
07 Edible vegetables and certain roots and tubers 15.6 0.06 3.1402.49
08 Edible fruit and nuts; peel of citrus fruit or melons 43.9 0.17 13.1235.38
09 Coffee, tea, maté and spices 21.9 0.09 18.816.38
10 Cereals 11.8 0.05 5.1132.80
11 Products of the milling industry; malt; starches; inulin; wheat gluten 9.1 0.04 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 13.3 0.05 8.948.58
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 12.3 0.05 7.466.25
17 Sugars and sugar confectionery 4.5 0.02 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 6.4 0.03 8.0-20.78
20 Preparations of vegetables, fruit, nuts or other parts of plants 3.1 0.01 7.3-57.39
21 Miscellaneous edible preparations 89.8 0.36 936.8-90.42
22 Beverages, spirits and vinegar 82.0 0.33 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 3.8 0.02 0.0
26 Ores, slag and ash 2.7 0.01 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 428.4 1.70 228.587.47
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 69.0 0.27 110.7-37.66
29 Organic chemicals 235.7 0.94 794.4-70.33
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 124.8 0.50 3,630.2-96.56
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2.7 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 287.4 1.14 186.354.30
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 3.8-100.00
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 0.0 0.00 4.5-100.00
38 Miscellaneous chemical products 1,795.8 7.14 609.1194.86
39 Plastics and articles thereof 253.0 1.01 247.12.41
40 Rubber and articles thereof 76.6 0.30 161.1-52.45
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 57.0 0.23 57.4-0.75
44 Wood and articles of wood; wood charcoal 25.2 0.10 7.2252.51
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 56.2 0.22 46.121.92
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 114.3 0.45 60.987.74
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 15.9 0.06 46.4-65.79
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 4.6-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 22.9 0.09 73.7-68.86
61 Articles of apparel and clothing accessories, knitted or crocheted 38.6 0.15 6.9458.62
62 Articles of apparel and clothing accessories, not knitted or crocheted 114.5 0.46 70.163.26
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 112.7 0.45 51.4119.21
64 Footwear, gaiters and the like; parts of such articles 74.4 0.30 39.986.57
65 Headgear and parts thereof 13.1 0.05 2.5415.08
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 7.8 0.03 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 60.2 0.24 87.8-31.46
69 Ceramic products 15.4 0.06 15.40.25
70 Glass and glassware 56.6 0.23 47.718.73
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 6.4 0.03 2.8132.61
72 Iron and steel 64.2 0.26 90.6-29.18
73 Articles of iron or steel 2,307.4 9.18 3,146.5-26.67
74 Copper and articles thereof 0.0 0.00 4.4-100.00
75 Nickel and articles thereof 0.0 0.00 18.5-100.00
76 Aluminum and articles thereof 14.4 0.06 158.0-90.87
78 Lead and articles thereof 0.0 0.00 15.0-100.00
79 Zinc and articles thereof 15.3 0.06 13.414.08
81 Other base metals; cermets; articles thereof 2.8 0.01 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 18.6 0.07 202.2-90.79
83 Miscellaneous articles of base metal 29.7 0.12 20.148.32
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 11,651.3 46.35 8,893.831.01
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 1,122.1 4.46 2,468.6-54.55
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 28.0 0.11 180.6-84.50
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,579.2 6.28 1,248.626.48
88 Aircraft, spacecraft, and parts thereof 533.3 2.12 611.5-12.78
89 Ships, boats and floating structures 0.0 0.00 2.6-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 901.9 3.59 4,006.1-77.49
91 Clocks and watches and parts thereof 25.7 0.10 12.1111.84
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 8.8-100.00
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 407.0 1.62 364.711.61
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 51.1-100.00
96 Miscellaneous manufactured articles 4.7 0.02 175.4-97.31
99 Commodities not specified according to kind 377.0 1.50 420.0-10.23

US Imports from Equatorial Guinea

The major share of US imports from Equatorial Guinea in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 66.67% of US total imports from Equatorial Guinea (63.22% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 30.07% of US total imports from Equatorial Guinea (34.30% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.10% of US total imports from Equatorial Guinea (2.14% in the 4th quarter of 2016).

The largest gains in US imports from Equatorial Guinea in the 4th quarter of 2017 over the 4th 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 $22.1 million;
  • Organic chemicals (HS code 29) - an increase of $6.8 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $2.5 million.

The largest declines in US imports from Equatorial Guinea in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $1.1 million.
US imports from Equatorial Guinea in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 56,699.2 66.67 34,618.163.78
29 Organic chemicals 25,571.8 30.07 18,782.636.15
44 Wood and articles of wood; wood charcoal 84.9 0.10 1,171.9-92.76
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 0.0 0.00 1.0-100.00
99 Commodities not specified according to kind 2,682.8 3.15 185.21,348.68
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce