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Equatorial Guinea

Equatorial Guinea ranked No. 113 in total trade value through July with a total of $374.82 million. Exports totaled $157.49 million and Imports totaled $217.33 million, a deficit of $59.84 million.

January – July 2019

Top Trading Ports

Total Trade: $374.82 million

RankPortTotal YTD
1Port of Houston $112,407,549
2Port of Long Beach $92,102,227
3Port of Lake Charles, La. $51,146,976
4Port of New Orleans $46,547,680
5Port of Jacksonville, Fla. $29,434,201
6Playa de Ponce Port, P.R. $19,591,802
7Houston’s George Bush Intercontinental Airport, Texas $13,160,538
8Low-Valued Imports and Exports $2,345,531
9Cleveland’s Hopkins International Airport, Ohio $1,300,354
10Port of Newark $1,242,513

U.S. trade with Equatorial Guinea rose to $374.82 million through July

Equatorial Guinea’s trade with the United States rose to $374.82 million through the first seven months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 16.54 percent below its total trade during the same time period last year. U.S. exports to Equatorial Guinea increased 272.43 percent while U.S. imports from Equatorial Guinea fell 46.58 percent. The U.S. deficit with Equatorial Guinea was $59.84 million.

Through July, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Long Beach; No. 3 Port of Lake Charles, La.; No. 4 Port of New Orleans; and No. 5 Port of Jacksonville, Fla.. During the same period the previous year, the top five were No. 1 Port of Long Beach No. 2 Port of New Orleans No. 3 Port of Wilmington, Dela. No. 4 Port of Corpus Christi, Texas and No. 5 Port of Houston. In the current time period, the top five accounted for 88.48 percent of Equatorial Guinea’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston rose 132.98 percent to $112.41 million.
    Exports rose 216.09 percent to $105.04 million. Imports fell 50.92 percent to $7.37 million.
  • Trade with No. 2 Port of Long Beach fell 53.65 percent to $92.1 million.
    There were no exports. Imports fell 53.65 percent to $92.1 million.
  • Trade with No. 3 Port of Lake Charles, La. totaled $51.15 million.
    There were no exports. Imports totaled $51.15 million.
  • Trade with No. 4 Port of New Orleans fell 33.36 percent to $46.55 million.
    Exports rose 593.22 percent to $1.19 million. Imports fell 34.91 percent to $45.36 million.
  • Trade with No. 5 Port of Jacksonville, Fla. rose 133692 percent to $29.43 million.
    Exports rose 133692 percent to $29.43 million. There were no imports.

Equatorial Guinea ranked No. 113 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 104.

Meanwhile, total U.S. trade with the world increased to $2.41 trillion, down 0.06 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $956.44 billion; imports climbed 0.38 percent to $1.45 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $498.31 billion, up compared to the same period of last year when the deficit was $485.95 billion.

The top five U.S. exports to Equatorial Guinea by value through July were the categories of Aircraft engines, engine parts; Miscellaneous machines, parts; Parts for heavy machinery; Misc. iron and steel articles; and Taps, cocks and valves for pipes, tanks, respectively. They accounted for 56.55 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:

  • Aircraft engines, engine parts rose 894.83 percent compared to last year to $33.1 million.
  • Miscellaneous machines, parts rose 6363.35 percent compared to last year to $22.11 million.
  • Parts for heavy machinery rose 1623.43 percent compared to last year to $15.01 million.
  • Misc. iron and steel articles rose 3605.33 percent compared to last year to $10.58 million.
  • Taps, cocks and valves for pipes, tanks rose 67.84 percent compared to last year to $8.26 million.

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

  • Oil fell 55.02 percent compared to last year to $143.25 million.
  • Acyclic alcohols fell 35.7 percent compared to last year to $52.95 million.
  • Petroleum gases, other gaseous hydrocarbons rose 533.42 percent compared to last year to $19.59 million.
  • Value added to a returned import fell 46.63 percent compared to last year to $1.49 million.
  • 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.