Guinea (GIN) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Guinea-Norway Trade: In 2022, Guinea exported $216k to Norway. The main products that Guinea exported to Norway were Bran ($204k), Tropical Fruits ($8.98k), and Palm Oil ($1.48k). Over the past 5 years the exports of Guinea to Norway have increased at an annualized rate of 60.8%, from $20.1k in 2017 to $216k in 2022.

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

Norway-Guinea Trade: In 2022, Norway exported $681k to Guinea. The main products that Norway exported to Guinea were Cars ($190k), Stone Processing Machines ($138k), and Non-fillet Frozen Fish ($58.4k). Over the past 5 years the exports of Norway to Guinea have increased at an annualized rate of 19%, from $285k in 2017 to $681k in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $216k to Norway. The main products exported from Guinea to Norway were Bran ($204k), Tropical Fruits ($8.98k), and Palm Oil ($1.48k). During the last 5 years the exports of Guinea to Norway have increased at an annualized rate of 60.8%, from $20.1k in 2017 to $216k in 2022.

In 2017, Norway exported $681k to Guinea. The main products exported from Norway to Guinea were Cars ($190k), Stone Processing Machines ($138k), and Non-fillet Frozen Fish ($58.4k). During the last 5 years the exports of Norway to Guinea have increased at an annualized rate of 19%, from $285k in 2022 to $681k in 2017.

Exports from Guinea () to Norway () (2022)

Exports from Norway () to Guinea () (2022)

Latest Data

Trade between Guinea () and Norway ()

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Norway
Top DestinationGermany$78.1B

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

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

In 2022, countries that imported more from Norway than Guinea included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Guinea - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Norway in the exports of Foodstuffs ($204k), Vegetable Products ($11k), and Animal and Vegetable Bi-Products ($1.48k).

During 2017, Norway had a large net trade with Guinea in the exports of Machines ($259k), Transportation ($256k), and Animal Products ($58.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Norway+$23kTropical Fruits

Top Product Potential Norway Guinea+$182kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Norway () (2022)

Exports from Norway () to Guinea () (2022)

Latest Data

Trade between Guinea () and Norway ()

Norway Exports

Market Competitiveness

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

Comparative Advantage Guinea - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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