2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186

About

Guinea-Georgia Trade: In 2018, Guinea exported $82 to Georgia. The main products that Guinea exported to Georgia were N/A. Over the past 13 years the exports of Guinea to Georgia have decreased at an annualized rate of 37.7%, from $38.5k in 2005 to $82 in 2018.

In 2018, Guinea did not export any services to Georgia.

Georgia-Guinea Trade: In 2018, Georgia exported $10.6k to Guinea. The main products that Georgia exported to Guinea were N/A. Over the past 13 years the exports of Georgia to Guinea have increased at an annualized rate of 38.8%,  from $2.06k in 2005 to $10.6k in 2018.

In 2018, Georgia did not export any services to Guinea.

Comparison: In 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Guinea exported $82 to Georgia. There were not main exports from Guinea to Georgia in 2018. During the last 13 years the exports of Guinea to Georgia have decreased at an annualized rate of 37.7%, from $38.5k in 2005 to $82 in 2018.

In 2014, Georgia exported $10.6k to Guinea. There were not main exports from Georgia to Guinea in 2014. During the last 5 years the exports of Georgia to Guinea have increased at an annualized rate of 38.8%, from $2.06k in 2019 to $10.6k in 2014.

Exports from Guinea (Flag) to Georgia (Flag) (2019)

Exports from Georgia (Flag) to Guinea (Flag) (2019)

Latest Data

Trade between Guinea (Flag) and Georgia (Flag)

Georgia Exports

Date

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Georgia
Top Destination
China$759M

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

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

In 2022, countries that imported more from Georgia than Guinea included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

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

Comparative Advantage Guinea - Georgia

Flow
Scale

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

During 2018, Guinea had a large net trade with Georgia in the exports of .

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Georgia+$1.52kRefined Petroleum
Top Product Potential Georgia Guinea+$2.12kRefined Petroleum

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

Product Space of Guinea (Flag) and Georgia (Flag) (2019)

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