Equatorial Guinea

Equatorial Guinea ranked No. 133 in total trade value through March with a total of $61.58 million. Exports totaled $31.11 million and Imports totaled $30.47 million, a surplus of $644,175.

U.S. trade with Equatorial Guinea rose to $61.58 million through March

Equatorial Guinea’s trade with the United States rose to $61.58 million through the first three months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 52.91 percent below its total trade during the same time period last year. U.S. exports to Equatorial Guinea decreased 31.81 percent while U.S. imports from Equatorial Guinea fell 64.22 percent. The U.S. surplus with Equatorial Guinea was $644,175.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Houston; No. 2 Port of Portsmouth, N.H.; No. 3 Port of New Orleans; No. 4 Houston Int’l Airport; and No. 5 Port of San Juan, Puerto Rico. During the same period the previous year, the top five 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 Int’l Airport. In the current time period, the top five accounted for 81.43 percent of Equatorial Guinea’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Houston fell 35.79 percent to $24.53 million.
    Exports fell 36.04 percent to $24.43 million. Imports rose 1893.7 percent to $99,685.
  • Trade with No. 2 Port of Portsmouth, N.H. totaled $9.34 million.
    There were no exports. Imports totaled $9.34 million.
  • Trade with No. 3 Port of New Orleans fell 62.95 percent to $8.33 million.
    Exports totaled $210,041. Imports fell 63.88 percent to $8.12 million.
  • Trade with No. 4 Houston Int’l Airport rose 23.26 percent to $4.08 million.
    Exports rose 18.93 percent to $3.94 million. Imports totaled $143,298.
  • Trade with No. 5 Port of San Juan, Puerto Rico totaled $3.86 million.
    There were no exports. Imports totaled $3.86 million.

Equatorial Guinea ranked No. 133 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 117.

Meanwhile, total U.S. trade with the world increased to $964.77 billion, down 4.16 percent compared to the same period last year. The nation’s exports dropped 3.07 percent to $395.69 billion; imports dropped 4.91 percent to $569.09 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 $173.4 billion, down compared to the same period of last year when the deficit was $190.25 billion.

The top five U.S. exports to Equatorial Guinea by value through March were the categories of Electric generating sets, rotary converters; Misc. plastic articles; Steam turbines, parts; Parts for heavy machinery; and Unvulc Rubber Forms Nesoi & Unvulc Rubber Art 4006, respectively. They accounted for 29.73 percent of total exports to Equatorial Guinea.

The value of the top five categories of U.S. imports from Equatorial Guinea –– Petroleum gases, other gaseous hydrocarbons; Acyclic alcohols; Value added to a returned import; Wood, sawed or chipped, greater than 6 meters thic; and Estimates of low-value imports –– accounted for 100 percent of all inbound shipments.

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

  • Electric generating sets, rotary converters totaled $2.98 million. The previous year, there were no exports in this category.
  • Misc. plastic articles rose 801.28 percent compared to last year to $1.91 million.
  • Steam turbines, parts totaled $1.51 million. The previous year, there were no exports in this category.
  • Parts for heavy machinery rose 4.93 percent compared to last year to $1.44 million.
  • Unvulc Rubber Forms Nesoi & Unvulc Rubber Art 4006 totaled $1.41 million. The previous year, there were no exports in this category.

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

  • Petroleum gases, other gaseous hydrocarbons rose 421.53 percent compared to last year to $21.95 million.
  • Acyclic alcohols fell 63.88 percent compared to last year to $8.12 million.
  • Value added to a returned import fell 61.86 percent compared to last year to $344,313.
  • Wood, sawed or chipped, greater than 6 meters thic totaled $50,604. The previous year, there were no imports in this category.
  • Estimates of low-value imports rose 165.17 percent compared to last year to $8,244.

In the latest annual figures available, Equatorial Guinea recorded $542.36 million in trade with the United States. Total U.S. exports to Equatorial Guinea were $ 214.77 million and imports from Equatorial Guinea were $327.59 million. The U.S. deficit with Equatorial Guinea was $112.82 million.