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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. | 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 | Top Export Destinations **Zambia**: 21% of total exports **Spain**: 15% **China**: 15% **India**: 10% **Italy**: 6%
