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:
|China (inc. Hong Kong)||65||4||61|