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Pricing

2022
Flag → Flag
Exports $22.4MRnk 129 / 215
2022
Flag → Flag
Top Product $14.8MCars
2022
Flag → Flag
Exports $45.6MRnk 9 / 105
2022
Flag → Flag
Top Product $44.5MAluminium Ore
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Canada-Guinea Trade: In 2022, Canada exported $22.4M to Guinea. The main products that Canada exported to Guinea were Cars ($14.8M), Poultry Meat ($2.15M), and Excavation Machinery ($897k). Over the past 5 years the exports of Canada to Guinea have increased at an annualized rate of 17%, from $10.2M in 2017 to $22.4M in 2022.

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

Guinea-Canada Trade: In 2022, Guinea exported $45.6M to Canada. The main products that Guinea exported to Canada were Aluminium Ore ($44.5M), Fish: dried, salted, smoked or in brine ($377k), and Rubber ($156k). Over the past 5 years the exports of Guinea to Canada have increased at an annualized rate of 1.47%,  from $42.4M in 2017 to $45.6M in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Latest Trends

June, 2024

About

Overview In June 2024, Canada exported C$3.56M and imported C$3.95M from Guinea, resulting in a negative trade balance of C$393k. Between June 2023 and June 2024 the exports of Canada have increased by C$376k (11.8%) from C$3.18M to C$3.56M, while imports decreased by C$-3.94M (-49.9%) from C$7.89M to C$3.95M.

Trade In June 2024, the top exports of Canada to Guinea were Cars (C$1.03M), Poultry Meat (C$151k), Commodities not elsewhere specified (C$80.8k), Air Pumps (C$49.6k), and Surveying Equipment (C$39k). In June 2024 the top imports of Canada from Guinea were Aluminium Ore (C$8.11M), Glues (C$27.2k), Fish: dried, salted, smoked or in... (C$8.33k), Centrifuges (C$3.35k), and Motor vehicles; parts and accessories (8701... (C$2.81k).

Origins In June 2024 the exports of Canada were mainly from Quebec (C$2.21M), Ontario (C$1.28M), British Columbia (C$62.5k), and Saskatchewan (C$7.75k), while imports destinations were mainly Quebec (C$3.52M), Nova Scotia (C$375k), Manitoba (C$42.3k), Ontario (C$8.33k), and British Columbia (C$6.32k).

Growth In June 2024, the increase in Canada's year-by-year exports to Guinea was explained primarily by an increase in product exports in Commodities not elsewhere specified (C$17.4k or 27.4%), Mattresses (C$1.55k or 238%), and Other Rubber Products (C$550 or 229%). In June 2024, the decrease in Canada's year-by-year imports  from Guinea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)C$376k(11.8%)
IMPORT GROWTH (June 2023 - June 2024)C$-3.94M(-49.9%)
MAIN EXPORTER (June 2024)QuebecC$2.21M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Guinea and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guinea and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $22.4M to Guinea. The main products exported from Canada to Guinea were Cars ($14.8M), Poultry Meat ($2.15M), and Excavation Machinery ($897k). During the last 5 years the exports of Canada to Guinea have increased at an annualized rate of 17%, from $10.2M in 2017 to $22.4M in 2022.

In 2017, Guinea exported $45.6M to Canada. The main products exported from Guinea to Canada were Aluminium Ore ($44.5M), Fish: dried, salted, smoked or in brine ($377k), and Rubber ($156k). During the last 5 years the exports of Guinea to Canada have increased at an annualized rate of 1.47%, from $42.4M in 2022 to $45.6M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Canada than Guinea included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Guinea than Canada included United Arab Emirates ($2.59B), Brunei ($36.8M), and Cape Verde ($1.55M).

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

Comparative Advantage Canada - Guinea

Flow
Scale

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

During 2022, Canada had a large net trade with Guinea in the exports of Transportation ($15M), Machines ($3.37M), and Animal Products ($2.39M).

During 2017, Guinea had a large net trade with Canada in the exports of Mineral Products ($44.5M), Animal Products ($392k), and Plastics and Rubbers ($189k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Guinea+$5.65MCars
Top Product Potential Guinea Canada+$5.48MAluminium Ore

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

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

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