2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Guinea-Vietnam Trade: In 2017, Guinea exported $147M to Vietnam. The main products that Guinea exported to Vietnam were N/A. Over the past 5 years the exports of Guinea to Vietnam have increased at an annualized rate of 58.5%, from $14.6M in 2012 to $147M in 2017.

In 2017, Guinea did not export any services to Vietnam.

Vietnam-Guinea Trade: In 2017, Vietnam exported $13.2M to Guinea. The main products that Vietnam exported to Guinea were N/A. Over the past 5 years the exports of Vietnam to Guinea have decreased at an annualized rate of 19.5%,  from $39.1M in 2012 to $13.2M in 2017.

In 2017, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Guinea exported $147M to Vietnam. There were not main exports from Guinea to Vietnam in 2017. During the last 5 years the exports of Guinea to Vietnam have increased at an annualized rate of 58.5%, from $14.6M in 2012 to $147M in 2017.

In 2012, Vietnam exported $13.2M to Guinea. There were not main exports from Vietnam to Guinea in 2012. During the last 5 years the exports of Vietnam to Guinea have decreased at an annualized rate of 19.5%, from $39.1M in 2017 to $13.2M in 2012.

Exports from Guinea (Flag) to Vietnam (Flag) (2017)

Exports from Vietnam (Flag) to Guinea (Flag) (2017)

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Guinea than Vietnam included Mauritania ($1.89M).

In 2022, countries that imported more from Vietnam than Guinea included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Guinea - Vietnam

Flow
Scale

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

During 2017, Guinea had a large net trade with Vietnam in the exports of .

During 2012, Vietnam had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Vietnam+$5.31kGold
Top Product Potential Vietnam Guinea+$5.26kTelephones

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

Product Space of Guinea (Flag) and Vietnam (Flag) (2017)

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