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Equatorial Guinea's Foreign Trade: China Shrinks, Partners Diversify on Oil Dependence
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The foreign trade map of Equatorial Guinea is undergoing significant recompositions. For a long time firmly tied to China, the first destination of its hydrocarbons and the main supplier of imported goods, Malabo is now seeing this relationship weaken significantly. In just one year, the value of bilateral trade between the two countries has decreased by 51 per cent, according to data published by the National Institute of Statistics of Equatori…
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