Ghana (GHA) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Ghana-Guinea Trade: In 2019, Ghana exported $6.4M to Guinea. The main products that Ghana exported to Guinea were N/A. Over the past 5 years the exports of Ghana to Guinea have decreased at an annualized rate of 1.13%, from $6.78M in 2014 to $6.4M in 2019.

In 2019, Ghana did not export any services to Guinea.

Guinea-Ghana Trade: In 2019, Guinea exported $2.91M to Ghana. The main products that Guinea exported to Ghana were N/A. Over the past 5 years the exports of Guinea to Ghana have decreased at an annualized rate of 63.2%, from $429M in 2014 to $2.91M in 2019.

In 2019, Guinea did not export any services to Ghana.

Comparison: In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). 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 2019, Ghana exported $6.4M to Guinea. There were not main exports from Ghana to Guinea in 2019. During the last 5 years the exports of Ghana to Guinea have decreased at an annualized rate of 1.13%, from $6.78M in 2014 to $6.4M in 2019.

In 2014, Guinea exported $2.91M to Ghana. There were not main exports from Guinea to Ghana in 2014. During the last 5 years the exports of Guinea to Ghana have decreased at an annualized rate of 63.2%, from $429M in 2019 to $2.91M in 2014.

Exports from Ghana () to Guinea () (2019)

Exports from Guinea () to Ghana () (2019)

Latest Data

Trade between Ghana () and Guinea ()

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Ghana than Guinea included Switzerland ($3.37B), United States ($2.83B), and United Arab Emirates ($4.72B).

In 2022, countries that imported more from Guinea than Ghana included China ($3.81B), India ($2.77B), and Ireland ($90.5M).

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

Comparative Advantage Ghana - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Ghana had a large net trade with Guinea in the exports of .

During 2014, Guinea had a large net trade with Ghana in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ghana Guinea+$2.86kRefined Petroleum

Top Product Potential Guinea Ghana+$2.19kNon-fillet Frozen Fish

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Guinea () (2019)

Exports from Guinea () to Ghana () (2019)

Latest Data

Trade between Ghana () and Guinea ()

Ghana Exports

Market Competitiveness

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

Comparative Advantage Ghana - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ghana () and Guinea () (2019)

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