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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 113th largest goods trading partner with $472 million in total (two way) goods trade during 2016. Goods exports totaled $278 million; goods imports totaled $193 million. The U.S. goods trade surplus with Equatorial Guinea was $85 million in 2016.
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' 115th largest goods export market in 2016.
U.S. goods exports to Equatorial Guinea in 2016 were $278 million, up 71.9% ($116 million) from 2015 but down 49.5% from 2006.
The top export categories (2-digit HS) in 2016 were: ships and boats ($180 million), machinery ($32 million), electrical machinery ($10 million), iron and steel products ($6 million), and meat ($6 million).
U.S. total exports of agricultural products to Equatorial Guinea totaled $8 million in 2016. Leading domestic export categories include: poultry meat & prods. (ex. eggs) ($6 million), prepared food ($926 thousand), beef & beef products ($597 thousand), pork & pork products ($333 thousand), and condiments & sauces ($174 thousand).
Equatorial Guinea was the United States' 108th largest supplier of goods imports in 2016.
U.S. goods imports from Equatorial Guinea totaled $193 million in 2016, up 18.5% ($30 million) from 2015, but down 88.8% from 2006.
The top import categories (2-digit HS) in 2016 were: mineral fuels ($126 million), organic chemicals ($62 million), special other ($4 million), wood and wood products ($2 million), and art and antiques ($55 thousand).
There were no imports of agricultural products from Equatorial Guinea in 2016.
- The U.S. trade balance with Equatorial Guinea shifted from a goods trade deficit of $1 million in 2015 to a goods trade surplus of $85 million in 2016.
U.S. foreign direct investment (FDI) in Equatorial Guinea (stock) was $704 million in 2016, a 12.0% decrease from 2015. There is no information on the distribution of U.S. FDI in Equatorial Guinea.
Equatorial Guinea's FDI in the United States (stock) was $2 million in 2016, down 33.3% from 2015. The distribution of Equatorial Guinea FDI in the United States is not available.
NOTE: No services trade data with Equatorial Guinea are available.