2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Guinea-Indonesia Trade: In 2022, Guinea exported $27M to Indonesia. The main products that Guinea exported to Indonesia were Cocoa Beans ($27M), Other Oily Seeds ($1.46k), and Valves ($1.16k). Over the past 5 years the exports of Guinea to Indonesia have increased at an annualized rate of 100%, from $837k in 2017 to $27M in 2022.

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

Indonesia-Guinea Trade: In 2022, Indonesia exported $33M to Guinea. The main products that Indonesia exported to Guinea were Motorcycles and cycles ($18.8M), Uncoated Paper ($2.3M), and Paper Notebooks ($2.06M). Over the past 5 years the exports of Indonesia to Guinea have decreased at an annualized rate of 0.44%,  from $34M in 2017 to $33M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $27M to Indonesia. The main products exported from Guinea to Indonesia were Cocoa Beans ($27M), Other Oily Seeds ($1.46k), and Valves ($1.16k). During the last 5 years the exports of Guinea to Indonesia have increased at an annualized rate of 100%, from $837k in 2017 to $27M in 2022.

In 2017, Indonesia exported $33M to Guinea. The main products exported from Indonesia to Guinea were Motorcycles and cycles ($18.8M), Uncoated Paper ($2.3M), and Paper Notebooks ($2.06M). During the last 5 years the exports of Indonesia to Guinea have decreased at an annualized rate of 0.44%, from $34M in 2022 to $33M in 2017.

Exports from Guinea (Flag) to Indonesia (Flag) (2022)

Exports from Indonesia (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and Indonesia (Flag)

Indonesia Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Guinea than Indonesia included Cape Verde ($1.55M).

In 2022, countries that imported more from Indonesia than Guinea included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

Difference in imports from Indonesia (Flag) and Guinea (Flag) (2022)

Comparative Advantage Guinea - Indonesia

Flow
Scale

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

During 2022, Guinea had a large net trade with Indonesia in the exports of Foodstuffs ($27M), Machines ($1.79k), and Vegetable Products ($1.49k).

During 2017, Indonesia had a large net trade with Guinea in the exports of Transportation ($19.2M), Paper Goods ($4.73M), and Machines ($2.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Indonesia+$11kGold
Top Product Potential Indonesia Guinea+$1.64MPalm Oil

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 Indonesia. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Indonesia. Similarly, a dot/product with the flag of Indonesia indicates it has a comparative advantage over Guinea.

Product Space of Guinea (Flag) and Indonesia (Flag) (2022)

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