Estonia (EST) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Estonia-Guinea Trade: In 2022, Estonia exported $41k to Guinea. The main products that Estonia exported to Guinea were Other Headwear ($9.13k), Centrifuges ($5.11k), and Low-voltage Protection Equipment ($4.13k). Over the past 5 years the exports of Estonia to Guinea have decreased at an annualized rate of 47.5%, from $1.03M in 2017 to $41k in 2022.

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

Guinea-Estonia Trade: In 2022, Guinea exported $325k to Estonia. The main products that Guinea exported to Estonia were Cocoa Beans ($323k), Frozen Fruits and Nuts ($1.57k), and Frozen Vegetables ($190). Over the past 5 years the exports of Guinea to Estonia have increased at an annualized rate of 379%, from $129 in 2017 to $325k in 2022.

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

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $41k to Guinea. The main products exported from Estonia to Guinea were Other Headwear ($9.13k), Centrifuges ($5.11k), and Low-voltage Protection Equipment ($4.13k). During the last 5 years the exports of Estonia to Guinea have decreased at an annualized rate of 47.5%, from $1.03M in 2017 to $41k in 2022.

In 2017, Guinea exported $325k to Estonia. The main products exported from Guinea to Estonia were Cocoa Beans ($323k), Frozen Fruits and Nuts ($1.57k), and Frozen Vegetables ($190). During the last 5 years the exports of Guinea to Estonia have increased at an annualized rate of 379%, from $129 in 2022 to $325k in 2017.

Exports from Estonia () to Guinea () (2022)

Exports from Guinea () to Estonia () (2022)

Latest Data

Trade between Estonia () and Guinea ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Estonia than Guinea included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Guinea than Estonia included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

Comparative Advantage Estonia - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Guinea in the exports of Machines ($17.7k), Footwear and Headwear ($10.8k), and Plastics and Rubbers ($5.84k).

During 2017, Guinea had a large net trade with Estonia in the exports of Foodstuffs ($323k) and Vegetable Products ($1.76k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Guinea () (2022)

Exports from Guinea () to Estonia () (2022)

Latest Data

Trade between Estonia () and Guinea ()

Estonia Exports

Market Competitiveness

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

Comparative Advantage Estonia - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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