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2022
Flag → Flag
Exports $166MRnk 114 / 219
2022
Flag → Flag
Top Product $17MInsulated Wire
2022
Flag → Flag
Exports $19.3MRnk 16 / 105
2022
Flag → Flag
Top Product $13.9MAnimal Meal and Pellets
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Turkey-Guinea Trade: In 2022, Turkey exported $166M to Guinea. The main products that Turkey exported to Guinea were Insulated Wire ($17M), Cement ($12.6M), and Hot-Rolled Iron Bars ($9.46M). Over the past 5 years the exports of Turkey to Guinea have increased at an annualized rate of 11.1%, from $98.3M in 2017 to $166M in 2022.

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

Guinea-Turkey Trade: In 2022, Guinea exported $19.3M to Turkey. The main products that Guinea exported to Turkey were Animal Meal and Pellets ($13.9M), Fish oil ($2.28M), and Other Oily Seeds ($2.13M). Over the past 5 years the exports of Guinea to Turkey have increased at an annualized rate of 1.49%,  from $17.9M in 2017 to $19.3M in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $166M to Guinea. The main products exported from Turkey to Guinea were Insulated Wire ($17M), Cement ($12.6M), and Hot-Rolled Iron Bars ($9.46M). During the last 5 years the exports of Turkey to Guinea have increased at an annualized rate of 11.1%, from $98.3M in 2017 to $166M in 2022.

In 2017, Guinea exported $19.3M to Turkey. The main products exported from Guinea to Turkey were Animal Meal and Pellets ($13.9M), Fish oil ($2.28M), and Other Oily Seeds ($2.13M). During the last 5 years the exports of Guinea to Turkey have increased at an annualized rate of 1.49%, from $17.9M in 2022 to $19.3M in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Guinea (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Turkey than Guinea included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, countries that imported more from Guinea than Turkey included China ($3.81B) and Brunei ($36.8M).

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

Comparative Advantage Turkey - Guinea

Flow
Scale

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

During 2022, Turkey had a large net trade with Guinea in the exports of Machines ($35.9M), Metals ($34.4M), and Mineral Products ($21.5M).

During 2017, Guinea had a large net trade with Turkey in the exports of Foodstuffs ($13.9M), Vegetable Products ($2.58M), and Animal and Vegetable Bi-Products ($2.28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Guinea+$5.69MRefined Petroleum
Top Product Potential Guinea Turkey+$2.91MGold

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

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

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