Guinea (GIN) and Burundi (BDI) Trade | The Observatory of Economic Complexity

About

Guinea-Burundi Trade: In 2022, Guinea exported $174k to Burundi. The main products that Guinea exported to Burundi were Cars ($62.7k), Other Furniture ($34.1k), and Razor Blades ($11.1k). Over the past 7 years the exports of Guinea to Burundi have increased at an annualized rate of 213%, from $59 in 2015 to $174k in 2022.

In 2022, Guinea did not export any services to Burundi.

Burundi-Guinea Trade: In 2022, Burundi exported $118k to Guinea. The main products that Burundi exported to Guinea were Mill Machinery ($47.6k), Lifting Machinery ($37.7k), and Insulated Wire ($29.7k). Over the past 7 years the exports of Burundi to Guinea have increased at an annualized rate of 43.4%, from $19.5k in 2015 to $118k in 2022.

In 2022, Burundi did not export any services to Guinea.

Comparison In 2022, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $174k to Burundi. The main products exported from Guinea to Burundi were Cars ($62.7k), Other Furniture ($34.1k), and Razor Blades ($11.1k). During the last 7 years the exports of Guinea to Burundi have increased at an annualized rate of 213%, from $59 in 2015 to $174k in 2022.

In 2017, Burundi exported $118k to Guinea. The main products exported from Burundi to Guinea were Mill Machinery ($47.6k), Lifting Machinery ($37.7k), and Insulated Wire ($29.7k). During the last 5 years the exports of Burundi to Guinea have increased at an annualized rate of 43.4%, from $19.5k in 2022 to $118k in 2017.

Exports from Guinea () to Burundi () (2022)

Exports from Burundi () to Guinea () (2022)

Latest Data

Trade between Guinea () and Burundi ()

Burundi Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Burundi
Top DestinationUnited Arab Emirates$59.9M

This map shows whether countries import more from Guinea or Burundi. Each country is colored based on the difference in imports they receive from Guinea and Burundi or the difference in the growth in imports.

In 2022, countries that imported more from Guinea than Burundi included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

In 2022, countries that imported more from Burundi than Guinea included Democratic Republic of the Congo ($25.7M), Sudan ($9.21M), and Tanzania ($7.94M).

Difference in imports from Burundi () and Guinea () (2022)

Comparative Advantage Guinea - Burundi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Guinea and Burundi by product, considering products traded by both, Guinea and Burundi.

During 2022, Guinea had a large net trade with Burundi in the exports of Transportation ($62.8k), Miscellaneous ($56.4k), and Machines ($23.1k).

During 2017, Burundi had a large net trade with Guinea in the exports of Machines ($115k) and Mineral Products ($3.26k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Burundi+$2.68kCars

Top Product Potential Burundi Guinea+$20.2kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Guinea and Burundi. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Guinea.

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Burundi () (2022)

Exports from Burundi () to Guinea () (2022)

Latest Data

Trade between Guinea () and Burundi ()

Burundi Exports

Market Competitiveness

Difference in imports from Burundi () and Guinea () (2022)

Comparative Advantage Guinea - Burundi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Burundi () (2022)

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