2022
Exports
$4.01MWorld Rnk 105 / 216
Flag Rnk 21 / 511
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$19.3MWorld Rnk 119 / 222
Flag Rnk 73 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $4.01M in Industrial Fatty Acids, Oils and Alcohols, making it the 105th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 21st most exported product in Guinea. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Guinea are: India ($3.84M), Pakistan ($166k), Switzerland ($1.74k), and Ireland ($306).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Guinea between 2021 and 2022 were Pakistan ($133k), Switzerland ($1.74k), and Ireland ($306).

Imports In 2022, Guinea imported $19.3M in Industrial Fatty Acids, Oils and Alcohols, becoming the 119th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 73rd most imported product in Guinea. Guinea imports Industrial Fatty Acids, Oils and Alcohols primarily from: China ($16.6M), Turkey ($481k), France ($325k), India ($291k), and United States ($258k).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Guinea between 2021 and 2022 were China ($3.71M), United Arab Emirates ($151k), and South Korea ($133k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Industrial Fatty Acids, Oils and Alcohols. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.01M
IMPORTS (2022)$19.3M
NET TRADE (2022)-$15.3M

In 2022, Guinea exported $4.01M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Guinea exports on Industrial Fatty Acids, Oils and Alcohols were India ($3.84M), Pakistan ($166k), Switzerland ($1.74k), and Ireland ($306).

In 2022, Guinea imported $19.3M in Industrial Fatty Acids, Oils and Alcohols, mainly from China ($16.6M), Turkey ($481k), France ($325k), India ($291k), and United States ($258k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Guinea WERE (2021 - 2022):
Pakistan$133k (410%)
Switzerland$1.74k (1%)
Ireland$306 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Guinea WERE (2021 - 2022):
India-$3.04M (-44.2%)
Tunisia-$810k (-100%)
Senegal-$55.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guinea's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Guinea's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $805
TOP IMPORT POTENTIALIndonesia+ $533k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $805.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $533k.

See methodology.

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