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AGOA Status: Equatorial Guinea is not eligible for AGOA this year.
Trade Agreements: The U.S. and Equatorial Guinea have no trade or investment agreements.
U.S. - Equatorial Guinea Trade Facts
Equatorial Guinea is currently our 117th largest goods trading partner with $468 million in total (two way) goods trade during 2017. Goods exports totaled $112 million; goods imports totaled $356 million. The U.S. goods trade deficit with Equatorial Guinea was $244 million in 2017.
According to the Department of Commerce, U.S. exports of goods to Equatorial Guinea supported an estimated 8 hundred jobs in 2015 (latest data available).
Equatorial Guinea was the United States' 142nd largest goods export market in 2017.
U.S. goods exports to Equatorial Guinea in 2017 were $112 million, down 59.8% ($167 million) from 2016 and down 52.6% from 2007.
The top export categories (2-digit HS) in 2017 were: machinery ($46 million), iron and steel products ($23 million), miscellaneous chemical products ($8 million), electrical machinery ($5 million), and meat ($5 million).
U.S. total exports of agricultural products to Equatorial Guinea totaled $6 million in 2017. Leading domestic export categories include: poultry meat & prods. (ex. eggs) ($4 million), beef & beef products ($413 thousand), pork & pork products ($303 thousand), snack foods nesoi ($295 thousand), and fresh fruit ($109 thousand).
Equatorial Guinea was the United States' 97th largest supplier of goods imports in 2017.
U.S. goods imports from Equatorial Guinea totaled $356 million in 2017, up 84.2% ($163 million) from 2016, but down 80.0% from 2007.
The top import categories (2-digit HS) in 2017 were: mineral fuels ($235 million), organic chemicals ($109 million), special other ($11 million), wood and wood products ($478 thousand), and art and antiques ($103 thousand).
- The U.S. trade balance with Equatorial Guinea shifted from a goods trade surplus of $85 million in 2016 to a goods trade deficit of $244 million in 2017.
U.S. foreign direct investment (FDI) in Equatorial Guinea (stock) was $654 million in 2017, a 28.7% increase from 2016. There is no information on the distribution of U.S. FDI in Equatorial Guinea.
Equatorial Guinea's FDI in the United States (stock) was $1 million in 2016 (latest data available). There is no information on the distribution of Equatorial Guinea FDI in the U.S.
NOTE: No services trade data with Equatorial Guinea are available.