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Pricing

2022
Flag → Flag
Exports $403kRnk 39 / 105
2022
Flag → Flag
Top Product $142kTropical Fruits
2022
Flag → Flag
Exports $36.1MRnk 138 / 224
2022
Flag → Flag
Top Product $13.3MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Guinea-United Kingdom Trade: In 2022, Guinea exported $403k to United Kingdom. The main products that Guinea exported to United Kingdom were Tropical Fruits ($142k), Palm Oil ($70.2k), and Coconuts, Brazil Nuts, and Cashews ($59k). Over the past 5 years the exports of Guinea to United Kingdom have increased at an annualized rate of 19.9%, from $163k in 2017 to $403k in 2022.

In 2022, Guinea did not export any services to United Kingdom.

United Kingdom-Guinea Trade: In 2022, United Kingdom exported $36.1M to Guinea. The main products that United Kingdom exported to Guinea were Refined Petroleum ($13.3M), Nitrogenous Fertilizers ($2.83M), and Stone Processing Machines ($1.63M). Over the past 5 years the exports of United Kingdom to Guinea have increased at an annualized rate of 5.44%,  from $27.7M in 2017 to $36.1M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $403k to United Kingdom. The main products exported from Guinea to United Kingdom were Tropical Fruits ($142k), Palm Oil ($70.2k), and Coconuts, Brazil Nuts, and Cashews ($59k). During the last 5 years the exports of Guinea to United Kingdom have increased at an annualized rate of 19.9%, from $163k in 2017 to $403k in 2022.

In 2017, United Kingdom exported $36.1M to Guinea. The main products exported from United Kingdom to Guinea were Refined Petroleum ($13.3M), Nitrogenous Fertilizers ($2.83M), and Stone Processing Machines ($1.63M). During the last 5 years the exports of United Kingdom to Guinea have increased at an annualized rate of 5.44%, from $27.7M in 2022 to $36.1M in 2017.

Exports from Guinea (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Guinea
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from United Kingdom (Flag) and Guinea (Flag) (2022)

Comparative Advantage Guinea - United Kingdom

Flow
Scale

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

During 2022, Guinea had a large net trade with United Kingdom in the exports of Vegetable Products ($209k), Animal and Vegetable Bi-Products ($70.2k), and Textiles ($51.6k).

During 2017, United Kingdom had a large net trade with Guinea in the exports of Mineral Products ($13.3M), Machines ($9.56M), and Chemical Products ($3.54M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea United Kingdom+$247kCoconuts, Brazil Nuts, and Cashews
Top Product Potential United Kingdom Guinea+$10.7MRefined 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

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

Product Space of Guinea (Flag) and United Kingdom (Flag) (2022)

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