Equatorial Guinea - Foreign trade



Exports were estimated at $461 million in 1998, while imports came to $434 million. Leading exports for 1996 were petroleum (50%), timber (13%), cocoa (3%), and coffee (1%). Imports consisted primarily of machinery (77%), building material (7.1%), food and beverages (3.6%), and petroleum products (1.9%). Spain, the US and China are Equatorial Guinea's principal export markets.

Principal trading partners in 1998 (in millions of US dollars) were as follows:

Equatorial Guinea

COUNTRY EXPORTS IMPORTS BALANCE
Spain 160 32 128
United States 67 95 -28
China (inc. Hong Kong) 65 4 61
France 35 41 -6
Japan 33 4 29
Cameroon 31 27 4
United Kingdom 12 17 -5
Netherlands 4 15 -11
Italy 1 7 -6
Norway n.a. 16 n.a.
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