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Equatorial Guinea

Equatorial Guinea ranked No. 106 in total trade value through October with a total of $562.99 million. Exports totaled $76.06 million and Imports totaled $486.94 million, a deficit of $410.88 million.

January – October 2018

Top Trading Ports

Total Trade: $562.99 million

RankPortTotal YTD
1Port of Long Beach $198,689,060
2Port of Corpus Christi, Texas $108,109,186
3Port of New Orleans $95,747,678
4Port of Houston $77,596,349
5Port of Wilmington, Dela. $65,100,000
6Houston’s George Bush Intercontinental Airport, Texas $4,807,644
7Port of San Juan, Puerto Rico $3,093,035
8Port of Savannah, Ga. $1,683,956
9Dallas-Fort Worth International Airport, Texas $1,371,629
10Port of Galveston, Texas $1,253,367

U.S. trade with Equatorial Guinea rose to $562.99 million through October

Equatorial Guinea’s trade with the United States rose to $562.99 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 27.16 percent above its total trade during the same time period last year. Equatorial Guinea’s exports decreased 23.8 percent while imports rose 41.99 percent. The U.S. deficit with Equatorial Guinea was $410.88 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Long Beach; No. 2 Port of Corpus Christi, Texas; No. 3 Port of New Orleans; No. 4 Port of Houston; and No. 5 Port of Wilmington, Dela.. During the same period the previous year, the top five were No. 1 Port of Houston No. 2 Port of Corpus Christi, Texas No. 3 Port of Long Beach No. 4 Port of New Orleans and No. 5 Shell Oil Terminal, Martinez, Calif.. In the current time period, the top five accounted for 96.85 percent of Equatorial Guinea’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Long Beach rose 174.05 percent to $198.69 million.
    There were no exports. Imports rose 174.05 percent to $198.69 million.
  • Trade with No. 2 Port of Corpus Christi, Texas fell 16.48 percent to $108.11 million.
    There were no exports. Imports fell 16.48 percent to $108.11 million.
  • Trade with No. 3 Port of New Orleans rose 73.1 percent to $95.75 million.
    Exports rose 56.09 percent to $319,815. Imports rose 73.16 percent to $95.43 million.
  • Trade with No. 4 Port of Houston fell 40.47 percent to $77.6 million.
    Exports fell 22.9 percent to $61.91 million. Imports fell 68.67 percent to $15.69 million.
  • Trade with No. 5 Port of Wilmington, Dela. totaled $65.1 million.
    There were no exports. Imports totaled $65.1 million.

Equatorial Guinea ranked No. 106 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 114.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Equatorial Guinea by value through October were the categories of Taps, cocks and valves for pipes, tanks; Aircraft engines, engine parts; Poultry, fresh, chilled or frozen; Motor vehicles for transporting people; and Hydraulic brake fluids, respectively. They accounted for 37.96 percent of total exports to Equatorial Guinea.

The value of the top five categories of U.S. imports from Equatorial Guinea –– Oil; Acyclic alcohols; Value added to a returned import; Petroleum gases, other gaseous hydrocarbons; and Veneer sheets not more than 6 mm thick –– accounted for 99.99 percent of all inbound shipments.

Looking more closely at U.S. exports to Equatorial Guinea:

  • Taps, cocks and valves for pipes, tanks rose 218.52 percent compared to last year to $14.55 million.
  • Aircraft engines, engine parts rose 83.71 percent compared to last year to $5.54 million.
  • Poultry, fresh, chilled or frozen rose 8.1 percent compared to last year to $3.7 million.
  • Motor vehicles for transporting people rose 20.42 percent compared to last year to $2.55 million.
  • Hydraulic brake fluids fell 42 percent compared to last year to $2.54 million.

Looking more closely at U.S. imports from Equatorial Guinea:

  • Oil rose 60.4 percent compared to last year to $371.9 million.
  • Acyclic alcohols rose 9.44 percent compared to last year to $108.09 million.
  • Value added to a returned import fell 55.06 percent compared to last year to $3.73 million.
  • Petroleum gases, other gaseous hydrocarbons fell 8.79 percent compared to last year to $3.09 million.
  • Veneer sheets not more than 6 mm thick fell 86.59 percent compared to last year to $53,944.

In the latest annual figures available, Equatorial Guinea recorded $467.77 million in trade with the United States. At year’s end, its were Houston; Los Angeles; New Orleans; San Francisco; and San Juan. Total U.S. exports to Equatorial Guinea were $ 111.84 million and imports from Equatorial Guinea were $355.92 million. The U.S. deficit with Equatorial Guinea was $244.08 million.