According to resources, the total export to Equatorial Guinea from India reached an estimated revenue of more than $13 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
| Value in $Million | 2020-2021 | 2021-2022(Apr-Dec) |
| India Export to Equatorial Guinea | 14 | 10 |
| India Import from Equatorial Guinea | 286 | 817 |
| Total Trade | 300M | 827M |
Cereals, Beverages and Pharmaceuticals are the major exported products from India to Equatorial Guinea at the present moment.
The E-commerce market in Equatorial Guinea reached more than $155 Million by 2022 and expected to cross $235 Million by the year 2025 with 14% growth rate.
The main reason behind this development is the Internet penetration rate in Equatorial Guinea which has reached more than 26% by 2022.
So, itβs a good scope for Indian exporters and sellers to grab the Equatorial Guinea market whether through offline channels or online selling platforms & marketplaces in Equatorial Guinea.