Guinea (GIN) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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Guinea-Ireland Trade: In 2022, Guinea exported $90.5M to Ireland. The main products that Guinea exported to Ireland were Aluminium Ore ($89M), Bran ($1.45M), and Vanilla ($16.8k). Over the past 5 years the exports of Guinea to Ireland have decreased at an annualized rate of 6.87%, from $129M in 2017 to $90.5M in 2022.

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

Ireland-Guinea Trade: In 2022, Ireland exported $19.5M to Guinea. The main products that Ireland exported to Guinea were Malt Extract ($18.3M), Edible Offal ($205k), and Non-fillet Frozen Fish ($195k). Over the past 5 years the exports of Ireland to Guinea have increased at an annualized rate of 37.7%, from $3.95M in 2017 to $19.5M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $90.5M to Ireland. The main products exported from Guinea to Ireland were Aluminium Ore ($89M), Bran ($1.45M), and Vanilla ($16.8k). During the last 5 years the exports of Guinea to Ireland have decreased at an annualized rate of 6.87%, from $129M in 2017 to $90.5M in 2022.

In 2017, Ireland exported $19.5M to Guinea. The main products exported from Ireland to Guinea were Malt Extract ($18.3M), Edible Offal ($205k), and Non-fillet Frozen Fish ($195k). During the last 5 years the exports of Ireland to Guinea have increased at an annualized rate of 37.7%, from $3.95M in 2022 to $19.5M in 2017.

Exports from Guinea () to Ireland () (2022)

Exports from Ireland () to Guinea () (2022)

Latest Data

Trade between Guinea () and Ireland ()

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Ireland
Top DestinationUnited States$70.7B

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

In 2022, countries that imported more from Guinea than Ireland included United Arab Emirates ($2.59B), India ($2.77B), and Brunei ($36.8M).

In 2022, countries that imported more from Ireland than Guinea included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Guinea - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Ireland in the exports of Mineral Products ($89M), Foodstuffs ($1.45M), and Vegetable Products ($22.4k).

During 2017, Ireland had a large net trade with Guinea in the exports of Foodstuffs ($18.4M), Animal Products ($505k), and Chemical Products ($373k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Ireland+$13.5kTropical Fruits

Top Product Potential Ireland Guinea+$190kScented Mixtures

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Ireland () (2022)

Exports from Ireland () to Guinea () (2022)

Latest Data

Trade between Guinea () and Ireland ()

Ireland Exports

Market Competitiveness

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

Comparative Advantage Guinea - Ireland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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