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Equatorial Guinea

Equatorial Guinea ranked No. 117 in total trade value through March with a total of $130.78 million. Exports totaled $45.62 million and Imports totaled $85.16 million, a deficit of $39.54 million.

January – March 2019

Top Trading Ports

Total Trade: $130.78 million

RankPortTotal YTD
1Port of Long Beach $57,532,227
2Port of Houston $38,209,595
3Port of New Orleans $22,479,247
4Playa de Ponce Port, P.R. $4,207,822
5Houston’s George Bush Intercontinental Airport, Texas $3,309,781
6Port of Newark $936,867
7Dulles International Airport, Washington D.C., Va. $763,278
8Low-Valued Imports and Exports $681,218
9Cleveland’s Hopkins International Airport, Ohio $453,970
10Port of Savannah, Ga. $409,305

U.S. trade with Equatorial Guinea rose to $130.78 million through March

Equatorial Guinea’s trade with the United States rose to $130.78 million through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 35.31 percent below its total trade during the same time period last year. Equatorial Guinea’s exports increased 314.11 percent while imports fell 55.45 percent. The U.S. deficit with Equatorial Guinea was $39.54 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Long Beach; No. 2 Port of Houston; No. 3 Port of New Orleans; No. 4 Playa de Ponce Port, P.R.; and No. 5 Houston’s George Bush Intercontinental Airport, Texas. During the same period the previous year, the top five were No. 1 Port of Long Beach No. 2 Port of Wilmington, Dela. No. 3 Port of New Orleans No. 4 Port of Houston and No. 5 Port of Galveston, Texas. In the current time period, the top five accounted for 96.14 percent of Equatorial Guinea’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Long Beach fell 41.26 percent to $57.53 million.
    There were no exports. Imports fell 41.26 percent to $57.53 million.
  • Trade with No. 2 Port of Houston rose 154.73 percent to $38.21 million.
    Exports rose 405.2 percent to $38.2 million. Imports fell 99.93 percent to $5,000.
  • Trade with No. 3 Port of New Orleans rose 10.34 percent to $22.48 million.
    There were no exports. Imports rose 10.34 percent to $22.48 million.
  • Trade with No. 4 Playa de Ponce Port, P.R. totaled $4.21 million.
    There were no exports. Imports totaled $4.21 million.
  • Trade with No. 5 Houston’s George Bush Intercontinental Airport, Texas rose 334.37 percent to $3.31 million.
    Exports rose 334.37 percent to $3.31 million. There were no imports.

Equatorial Guinea ranked No. 117 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 101.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Equatorial Guinea by value through March were the categories of Miscellaneous machines, parts; Misc. iron and steel articles; Misc. engines and motors, parts; Taps, cocks and valves for pipes, tanks; and Aircraft engines, engine parts, respectively. They accounted for 55.11 percent of total exports to Equatorial Guinea.

The value of the top five categories of U.S. imports from Equatorial Guinea –– Oil; Acyclic alcohols; Petroleum gases, other gaseous hydrocarbons; Value added to a returned import; and Electric sound or visual signaling equipment –– accounted for 99.98 percent of all inbound shipments.

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

  • Miscellaneous machines, parts rose 3731.86 percent compared to last year to $9.52 million.
  • Misc. iron and steel articles rose 6782.01 percent compared to last year to $8.46 million.
  • Misc. engines and motors, parts rose 571.36 percent compared to last year to $2.64 million.
  • Taps, cocks and valves for pipes, tanks rose 485.1 percent compared to last year to $2.54 million.
  • Aircraft engines, engine parts rose 1078.09 percent compared to last year to $1.98 million.

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

  • Oil fell 64.71 percent compared to last year to $57.53 million.
  • Acyclic alcohols fell 12.31 percent compared to last year to $22.48 million.
  • Petroleum gases, other gaseous hydrocarbons totaled $4.21 million. The previous year, there were no imports in this category.
  • Value added to a returned import fell 63.32 percent compared to last year to $902,772.
  • Electric sound or visual signaling equipment totaled $20,000. The previous year, there were no imports in this category.

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.