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2022
Flag → Flag
Exports $35.3MRnk 11 / 105
2022
Flag → Flag
Top Product $31.9MCocoa Beans
2022
Flag → Flag
Exports $472MRnk 75 / 224
2022
Flag → Flag
Top Product $365MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC $1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC$55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Guinea-Netherlands Trade: In 2022, Guinea exported $35.3M to Netherlands. The main products that Guinea exported to Netherlands were Cocoa Beans ($31.9M), Excavation Machinery ($1.1M), and Large Construction Vehicles ($528k). Over the past 5 years the exports of Guinea to Netherlands have increased at an annualized rate of 64.4%, from $2.94M in 2017 to $35.3M in 2022.

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

Netherlands-Guinea Trade: In 2022, Netherlands exported $472M to Guinea. The main products that Netherlands exported to Guinea were Refined Petroleum ($365M), Onions ($34.2M), and Malt Extract ($15.9M). Over the past 5 years the exports of Netherlands to Guinea have increased at an annualized rate of 0.49%,  from $460M in 2017 to $472M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $35.3M to Netherlands. The main products exported from Guinea to Netherlands were Cocoa Beans ($31.9M), Excavation Machinery ($1.1M), and Large Construction Vehicles ($528k). During the last 5 years the exports of Guinea to Netherlands have increased at an annualized rate of 64.4%, from $2.94M in 2017 to $35.3M in 2022.

In 2017, Netherlands exported $472M to Guinea. The main products exported from Netherlands to Guinea were Refined Petroleum ($365M), Onions ($34.2M), and Malt Extract ($15.9M). During the last 5 years the exports of Netherlands to Guinea have increased at an annualized rate of 0.49%, from $460M in 2022 to $472M in 2017.

Exports from Guinea (Flag) to Netherlands (Flag) (2022)

Exports from Netherlands (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Guinea
Top DestinationChina$3.81B
Netherlands
Top DestinationGermany$131B

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

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

In 2022, countries that imported more from Netherlands than Guinea included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Guinea - Netherlands

Flow
Scale

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

During 2022, Guinea had a large net trade with Netherlands in the exports of Foodstuffs ($31.9M), Machines ($1.85M), and Vegetable Products ($597k).

During 2017, Netherlands had a large net trade with Guinea in the exports of Mineral Products ($366M), Vegetable Products ($35.6M), and Foodstuffs ($26M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Netherlands+$536kPalm Oil
Top Product Potential Netherlands Guinea+$1.78MPackaged Medicaments

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

Product Space of Guinea (Flag) and Netherlands (Flag) (2022)

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