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Equatorial Guinea

Equatorial Guinea ranked No. 109 in total trade value through February with a total of $111.65 million. Exports totaled $35.74 million and Imports totaled $75.92 million, a deficit of $40.18 million.

January – February 2019

Top Trading Ports

Total Trade: $111.65 million

RankPortTotal YTD
1Port of Long Beach $57,532,227
2Port of Houston $29,776,641
3Port of New Orleans $13,274,761
4Playa de Ponce Port, P.R. $4,207,822
5Houston’s George Bush Intercontinental Airport, Texas $2,469,693
6Port of Newark $936,867
7Dulles International Airport, Washington D.C., Va. $763,278
8Low-Valued Imports and Exports $542,966
9Port of Savannah, Ga. $382,270
10Cleveland’s Hopkins International Airport, Ohio $293,963

U.S. trade with Equatorial Guinea rose to $111.65 million through February

Equatorial Guinea’s trade with the United States rose to $111.65 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 247.38 percent above its total trade during the same time period last year. Equatorial Guinea’s exports increased 552.8 percent while imports rose 184.68 percent. The U.S. deficit with Equatorial Guinea was $40.18 million.

Through February, 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 New Orleans No. 2 Port of Houston No. 3 Port of Galveston, Texas No. 4 Port of Savannah, Ga. and No. 5 Houston’s George Bush Intercontinental Airport, Texas. In the current time period, the top five accounted for 96.07 percent of Equatorial Guinea’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Long Beach totaled $57.53 million.
    There were no exports. Imports totaled $57.53 million.
  • Trade with No. 2 Port of Houston rose 238.05 percent to $29.78 million.
    Exports rose 985.16 percent to $29.78 million. There were no imports.
  • Trade with No. 3 Port of New Orleans fell 34.84 percent to $13.27 million.
    There were no exports. Imports fell 34.84 percent to $13.27 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 624.38 percent to $2.47 million.
    Exports rose 624.38 percent to $2.47 million. There were no imports.

Equatorial Guinea ranked No. 109 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 144.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 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 $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Equatorial Guinea by value through February 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 Prefabricated buildings, respectively. They accounted for 64.49 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 Interchange tools for hand- or machine-tools –– accounted for 99.99 percent of all inbound shipments.

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

  • Miscellaneous machines, parts rose 43392 percent compared to last year to $9.09 million.
  • Misc. iron and steel articles rose 46264 percent compared to last year to $8.3 million.
  • Misc. engines and motors, parts rose 489.67 percent compared to last year to $2.3 million.
  • Taps, cocks and valves for pipes, tanks rose 644.95 percent compared to last year to $1.78 million.
  • Prefabricated buildings totaled $1.57 million. The previous year, there were no exports in this category.

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

  • Oil totaled $57.53 million. The previous year, there were no imports in this category.
  • Acyclic alcohols fell 48.22 percent compared to last year to $13.27 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 12.48 percent compared to last year to $897,772.
  • Interchange tools for hand- or machine-tools totaled $2,130. 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.