Switzerland (CHE) and Guinea (GIN) Trade | The Observatory of Economic Complexity

About

Switzerland-Guinea Trade: In 2022, Switzerland exported $3.43M to Guinea. The main products that Switzerland exported to Guinea were Cars ($926k), Packaged Medicaments ($516k), and Delivery Trucks ($229k). Over the past 5 years the exports of Switzerland to Guinea have decreased at an annualized rate of 10.4%, from $5.96M in 2017 to $3.43M in 2022.

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

Guinea-Switzerland Trade: In 2022, Guinea exported $347M to Switzerland. The main products that Guinea exported to Switzerland were Gold ($345M), Coffee ($1.87M), and Palm Oil ($58.1k). Over the past 5 years the exports of Guinea to Switzerland have increased at an annualized rate of 65%, from $28.4M in 2017 to $347M in 2022.

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

Comparison: In 2022, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Switzerland exported $3.43M to Guinea. The main products exported from Switzerland to Guinea were Cars ($926k), Packaged Medicaments ($516k), and Delivery Trucks ($229k). During the last 5 years the exports of Switzerland to Guinea have decreased at an annualized rate of 10.4%, from $5.96M in 2017 to $3.43M in 2022.

In 2017, Guinea exported $347M to Switzerland. The main products exported from Guinea to Switzerland were Gold ($345M), Coffee ($1.87M), and Palm Oil ($58.1k). During the last 5 years the exports of Guinea to Switzerland have increased at an annualized rate of 65%, from $28.4M in 2022 to $347M in 2017.

Exports from Switzerland () to Guinea () (2022)

Exports from Guinea () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Guinea ()

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Switzerland
Top DestinationUnited States$61.7B

Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Switzerland than Guinea included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Guinea than Switzerland included Brunei ($36.8M).

Difference in imports from Guinea () and Switzerland () (2022)

Comparative Advantage Switzerland - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Switzerland had a large net trade with Guinea in the exports of Transportation ($1.29M), Machines ($793k), and Chemical Products ($528k).

During 2017, Guinea had a large net trade with Switzerland in the exports of Precious Metals ($345M), Vegetable Products ($1.89M), and Animal and Vegetable Bi-Products ($58.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Switzerland Guinea+$1.35MPackaged Medicaments

Top Product Potential Guinea Switzerland+$206MGold

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Switzerland and Guinea. This means that a dot/product with the flag of Switzerland indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Switzerland.

About

Historical Data

Bilateral Trade by Products

Exports from Switzerland () to Guinea () (2022)

Exports from Guinea () to Switzerland () (2022)

Latest Data

Trade between Switzerland () and Guinea ()

Switzerland Exports

Market Competitiveness

Difference in imports from Guinea () and Switzerland () (2022)

Comparative Advantage Switzerland - Guinea

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Switzerland () and Guinea () (2022)

Keep Exploring