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Equatorial Guinea
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Top Exports
As of 2023, Equatorial Guinea's total merchandise exports were valued at approximately **\$5.8 billion**, marking a 24.96% decline from the previous year. The country's export economy is heavily reliant on the oil and gas sector, which constitutes the majority of its export revenues. ([Macrotrends][1], [Countryaah][2]) ### 🇬🇶 Top Export Products of Equatorial Guinea (2023) | Rank | Product Category | Notes | | | ---- | ----------------------------------- | -------------------------------------------- | ----------------------------------------- | | 1 | **Crude Petroleum** | Dominates export revenues | | | 2 | **Liquefied Natural Gas (LNG)** | Significant contributor to the energy sector | | | 3 | **Timber (Logs and Sawn Wood)** | Includes tropical hardwoods | | | 4 | **Methanol** | Derived from natural gas processing | | | 5 | **Industrial Alcohols** | Used in various industrial applications | | | 6 | **Veneer Sheets** | Processed wood products | | | 7 | **Cocoa Beans** | Agricultural export | | | 8 | **Fish and Seafood** | Includes tuna and other marine products | | | 9 | **Palm Oil** | Agricultural product | | | 10 | **Coffee** | Agricultural export | | | 11 | **Rubber** | Agricultural product | | | 12 | **Cassava** | Agricultural export | | | 13 | **Bananas** | Agricultural product | | | 14 | **Pepper** | Agricultural export | | | 15 | **Yams** | Agricultural product | | | 16 | **Tea** | Agricultural export | | | 17 | **Timber Products (e.g., Plywood)** | Processed wood products | | | 18 | **Natural Gas Condensates** | By-products of natural gas extraction | | | 19 | **Gold** | Mineral export | | | 20 | **Diamonds** | Mineral export | ([Lloyds Bank Trade][3], [IndexMundi][4]) | *Note: The above list is based on available data and may not reflect exact rankings or export values.* ### 🌍 Top Export Destinations Equatorial Guinea's primary export partners in 2023 included: * **Zambia**: 21% of total exports * **Spain**: 15% * **China**: 15% * **India**: 10% * **Italy**: 6%([Economic Activity][5]) *Note: The percentages are approximate and based on available trade data.* These figures highlight Equatorial Guinea's strong trade relationships, particularly with countries in Europe, Asia, and Africa. The country's export economy is characterized by a heavy reliance on hydrocarbons, with efforts underway to diversify into agriculture and other sectors. If you need more detailed information on specific export categories or trade partners, feel free to ask! [1]: https://www.macrotrends.net/global-metrics/countries/GNQ/equatorial-guinea/exports?utm_source=chatgpt.com "Equatorial Guinea Exports 2005-2025 - Macrotrends" [2]: https://www.countryaah.com/top-products-exported-by-equatorial-guinea/?utm_source=chatgpt.com "Equatorial Guinea Major Exports – Countryaah.com" [3]: https://www.lloydsbanktrade.com/en/market-potential/equatorial-guinea/trade-profile?utm_source=chatgpt.com "Trade Profile - Equatorial Guinea - International Trade Portal" [4]: https://www.indexmundi.com/equatorial_guinea/exports_commodities.html?utm_source=chatgpt.com "Equatorial Guinea Exports - commodities - Economy - IndexMundi" [5]: https://www.economicactivity.org/economic-activities-in-equatorial-guinea-primary-secondary-tertiary-and-quaternary/?utm_source=chatgpt.com "Economic Activities in Equatorial Guinea: Primary, Secondary, Tertiary ..."