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2022
Flag → Flag
Exports $335kRnk 42 / 105
2022
Flag → Flag
Top Product $125kOther Oily Seeds
2022
Flag → Flag
Exports $3.86MRnk 159 / 215
2022
Flag → Flag
Top Product $1.61MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag  
GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 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$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186

About

Guinea-Singapore Trade: In 2022, Guinea exported $335k to Singapore. The main products that Guinea exported to Singapore were Other Oily Seeds ($125k), Rubber ($67.6k), and Cocoa Powder ($42.6k). Over the past 5 years the exports of Guinea to Singapore have decreased at an annualized rate of 25.8%, from $1.49M in 2017 to $335k in 2022.

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

Singapore-Guinea Trade: In 2022, Singapore exported $3.86M to Guinea. The main products that Singapore exported to Guinea were Refined Petroleum ($1.61M), Excavation Machinery ($647k), and Air Conditioners ($395k). Over the past 5 years the exports of Singapore to Guinea have decreased at an annualized rate of 4.03%,  from $4.74M in 2017 to $3.86M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $335k to Singapore. The main products exported from Guinea to Singapore were Other Oily Seeds ($125k), Rubber ($67.6k), and Cocoa Powder ($42.6k). During the last 5 years the exports of Guinea to Singapore have decreased at an annualized rate of 25.8%, from $1.49M in 2017 to $335k in 2022.

In 2017, Singapore exported $3.86M to Guinea. The main products exported from Singapore to Guinea were Refined Petroleum ($1.61M), Excavation Machinery ($647k), and Air Conditioners ($395k). During the last 5 years the exports of Singapore to Guinea have decreased at an annualized rate of 4.03%, from $4.74M in 2022 to $3.86M in 2017.

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

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

Latest Data

Trade between Guinea (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Guinea
Top DestinationChina$3.81B
Singapore
Top DestinationHong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than Guinea included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Guinea - Singapore

Flow
Scale

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

During 2022, Guinea had a large net trade with Singapore in the exports of Vegetable Products ($125k), Plastics and Rubbers ($68.5k), and Machines ($51k).

During 2017, Singapore had a large net trade with Guinea in the exports of Mineral Products ($1.61M), Machines ($1.49M), and Foodstuffs ($498k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Singapore+$119kRubber
Top Product Potential Singapore Guinea+$4.34MRefined 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 Singapore. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Singapore. Similarly, a dot/product with the flag of Singapore indicates it has a comparative advantage over Guinea.

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

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