2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
Flag
 GDP
$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
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GDP GROWTH
-47.2%CURRENT US$
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2022
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GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186
2022
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GDP PC
$7,053CURRENT US$
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2012-2022
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GDP PC GROWTH
-62.4%CURRENT US$
Rnk 186 / 186

About

Philippines-Equatorial Guinea In 2022, Philippines exported $39.7k to Equatorial Guinea. The main products that Philippines exported to Equatorial Guinea are Broadcasting Equipment ($32.2k) and Telephones ($7.43k). During the last 26 years the exports of Philippines to Equatorial Guinea have increased at an annualized rate of 11.6%, from $2.29k in 1996 to $39.7k in 2022.

In 2022, Philippines did not export any services to Equatorial Guinea.

Equatorial Guinea-Philippines In 2022, Equatorial Guinea exported $61.1M to Philippines. The main products that Equatorial Guinea exported to Philippines were Crude Petroleum ($57.4M), Veneer Sheets ($3.58M), and Sawn Wood ($164k). During the last 26 years the exports of Equatorial Guinea to Philippines have increased at an annualized rate of 21.5%, from $390k in 1996 to $61.1M in 2022.

In 2022, Equatorial Guinea did not export any services to Philippines.

Comparison In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71),  and 40 in total exports ($110B). That same year, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $39.7k to Equatorial Guinea. The main products exported from Philippines to Equatorial Guinea were Broadcasting Equipment ($32.2k) and Telephones ($7.43k). During the last 26 years the exports of Philippines to Equatorial Guinea have increased at an annualized rate of 11.6%, from $2.29k in 1996 to $39.7k in 2022.

In 2022, Equatorial Guinea exported $61.1M to Philippines. The main products exported from Equatorial Guinea to Philippines were Crude Petroleum ($57.4M), Veneer Sheets ($3.58M), and Sawn Wood ($164k). During the last 26 years the exports of Equatorial Guinea to Philippines have increased at an annualized rate of 21.5%, from $390k in 1996 to $61.1M in 2022.

Exports from Philippines (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Equatorial Guinea
Top Destination
Zambia$1.84B

This map shows whether countries import more from Philippines or Equatorial Guinea. Each country is colored based on the difference in imports they receive from Philippines and Equatorial Guinea or the difference in the growth in imports.

In 2021, countries that imported more from Philippines than Equatorial Guinea were United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2021, countries that imported more from Equatorial Guinea than Philippines were Zambia ($1.84B), Spain ($1.32B), and Chile ($413M).

Difference in imports from Equatorial Guinea (Flag) and Philippines (Flag) (2022)

Comparative Advantage Philippines - Equatorial Guinea

Flow
Scale

This chart compares trade between Philippines and Equatorial Guinea by product, considering products traded by both, Philippines and Equatorial Guinea.

During 2022, Philippines had a large net trade with Equatorial Guinea in the exports of Machines ($39.7k).

During 2022, Equatorial Guinea had a large net trade with Philippines in the exports of Mineral Products ($57.4M), Wood Products ($3.74M), and Machines ($8.91k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Philippines has comparative advantage over Equatorial Guinea. Similarly, the more yellow a dot/product is, the more Equatorial Guinea has comparative advantage over Philippines.

Product Space of Philippines (Flag) and Equatorial Guinea (Flag) (2022)

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