AGOA Status: Equatorial Guinea is not eligible for AGOA this year.
Trade Agreements: The U.S. and Equatorial Guinea have no trade or investment agreements.
U.S.-Equatorial Guinea Trade Facts
In 2019, Equatorial Guinea GDP was an estimated $12.1 billion (current market exchange rates); real GDP was down by an estimated 6.1%; and the population was 1 million. (Source: IMF)
Equatorial Guinea is currently our 113th largest goods trading partner with $542 million in total (two way) goods trade during 2019. Goods exports totaled $214 million; goods imports totaled $328 million. The U.S. goods trade deficit with Equatorial Guinea was $114 million in 2019.
Exports
- Equatorial Guinea was the United States' 126th largest goods export market in 2019.
- U.S. goods exports to Equatorial Guinea in 2019 were $214 million, up 53.4% ($75 million) from 2018 but down 30% from 2009.
- The top export categories (2-digit HS) in 2019 were: machinery ($120 million), iron and steel products ($27 million), electrical machinery ($15 million), miscellaneous chemical products ($7 million), and optical and medical instruments ($5 million).
- U.S. total exports of agricultural products to Equatorial Guinea totaled $5 million in 2019. Leading domestic export categories include: poultry meat & products (ex. eggs) ($4 million), pork & pork products ($197 thousand), beef & beef products ($157 thousand), non-alcoholic beverages (ex. juices) ($139 thousand), and prepared food ($89 thousand).
Imports
- Equatorial Guinea was the United States' 102nd largest supplier of goods imports in 2019.
- U.S. goods imports from Equatorial Guinea totaled $328 million in 2019, down 43.5% ($252 million) from 2018, and down 86.8%from 2009.
- The top import categories (2-digit HS) in 2019 were: mineral fuels ($236 million), organic chemicals ($87 million), special other (returns) ($5 million), special other (low value estimates) ($26 thousand), and electrical machinery ($22 thousand).
- There were no agricultural products imported from Equatorial Guinea in 2019.
Trade Balance
- The U.S. goods trade deficit with Equatorial Guinea was $114 million in 2019, a 74.2% decrease ($327 million) over 2018.
Investment
- U.S. foreign direct investment (FDI) in Equatorial Guinea (stock) was $908 million in 2019, a 8.2% increase from 2018. There is no information on the distribution of U.S. FDI in Equatorial Guinea.
- No data on Equatorial Guinea's FDI in the U.S. are available.
NOTE: No services trade data with Equatorial Guinea are available.
