Equatorial Guinea exported goods worth 2,520.4 billion CFA francs in 2025, down 8.7% year on year. The National Statistics Institute, INEGE, published this report on 6 November 2026. It covers merchandise trade transactions recorded in the previous year.
This contraction extends the decline recorded in 2024. In its previous report, published on 19 December 2025, the institute had described exports as held back by both international hydrocarbon prices and sold volumes. The new report makes it possible to track this dependence beyond a single year.
The weight of fuels in the decline
For 2025, INEGE also links the fall to prices and exported volumes. The group of mineral fuels and oils, which accounts for 62.8% of sales, falls by 33.7% in value.
The statement breaks this structure down by product. Crude oil accounts for 30.5% of exports, liquefied natural gas for 25% and wood and wood products for 7.7%. Destinations are also concentrated. The United States takes 26.6% of the value exported, ahead of China, at 17.5%, and Spain, at 6.6%.
Imports better recorded
At the same time, recorded imports rise by 34.6%, to 1,271.8 billion CFA francs. The trade surplus remains positive, at 1,248.7 billion CFA francs, but contracts by 31.2%.
This rise in purchases calls for caution. The statement mainly attributes it to improved customs coverage following the computerisation of Bata, Malabo and Luba with SIDUNEA. The report attributes only part of the increase to this wider coverage and also points to the role of fuels, machinery, medicines and iron or steel articles.
Neither document quantifies this statistical contribution. The recorded increase therefore cannot be fully equated with a rise in purchases at constant customs coverage.