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Pricing

2022
Flag → Flag
Exports $6.81MRnk 22 / 105
2022
Flag → Flag
Top Product $2.58MRubber
2022
Flag → Flag
Exports $5.83kRnk 158 / 219
2022
Flag → Flag
Top Product $22.2MCars
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Guinea-United States Trade: In 2022, Guinea exported $6.81M to United States. The main products that Guinea exported to United States were Rubber ($2.58M), Hand Saws ($1.02M), and Gas Turbines ($421k). Over the past 5 years the exports of Guinea to United States have decreased at an annualized rate of 20.3%, from $21.1M in 2017 to $6.81M in 2022.

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

United States-Guinea Trade: In 2022, United States exported $107M to Guinea. The main products that United States exported to Guinea were Cars ($22.2M), Poultry Meat ($20.6M), and Vaccines, blood, antisera, toxins and cultures ($14.3M). Over the past 5 years the exports of United States to Guinea have increased at an annualized rate of 3.47%,  from $89.8M in 2017 to $107M in 2022.

In 2022, United States 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 States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $6.81M to United States. The main products exported from Guinea to United States were Rubber ($2.58M), Hand Saws ($1.02M), and Gas Turbines ($421k). During the last 13 years the exports of Guinea to United States have decreased at an annualized rate of 16%, from $5.75k in 1998 to $6.81M in 2022.

In 2017, United States exported $107M to Guinea. The main products exported from United States to Guinea were Cars ($22.2M), Poultry Meat ($20.6M), and Vaccines, blood, antisera, toxins and cultures ($14.3M). During the last 5 years the exports of United States to Guinea have increased at an annualized rate of 26.4%, from $1.81k in 2010 to $107M in 2017.

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

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

Latest Data

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

United States Exports

Market Competitiveness

Color
Guinea
Top DestinationChina$3.81B
United States
Top DestinationCanada$308B

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

In 2022, no countries were registered that imported more from Guinea than from United States.

In 2022, countries that imported more from United States than Guinea included Canada ($308B), Mexico ($294B), and China ($151B).

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

Comparative Advantage Guinea - United States

Flow
Scale

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

During 2022, Guinea had a large net trade with United States in the exports of Plastics and Rubbers ($2.63M), Metals ($1.09M), and Machines ($757k).

During 2017, United States had a large net trade with Guinea in the exports of Transportation ($28.8M), Animal Products ($20.7M), and Machines ($17.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea United States+$3.04MRubber
Top Product Potential United States Guinea+$10.5MCars

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

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

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