Guinea (GIN) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Guinea-Romania Trade: In 2022, Guinea exported $43.6k to Romania. The main products that Guinea exported to Romania were Rubber ($43.6k) and Plastic Lids ($10). Over the past 5 years the exports of Guinea to Romania have decreased at an annualized rate of 39.5%, from $536k in 2017 to $43.6k in 2022.

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

Romania-Guinea Trade: In 2022, Romania exported $1.02M to Guinea. The main products that Romania exported to Guinea were Electrical Control Boards ($404k), Poultry Meat ($336k), and Washing and Bottling Machines ($147k). Over the past 5 years the exports of Romania to Guinea have decreased at an annualized rate of 31.3%, from $6.7M in 2017 to $1.02M in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $43.6k to Romania. The main products exported from Guinea to Romania were Rubber ($43.6k) and Plastic Lids ($10). During the last 5 years the exports of Guinea to Romania have decreased at an annualized rate of 39.5%, from $536k in 2017 to $43.6k in 2022.

In 2017, Romania exported $1.02M to Guinea. The main products exported from Romania to Guinea were Electrical Control Boards ($404k), Poultry Meat ($336k), and Washing and Bottling Machines ($147k). During the last 5 years the exports of Romania to Guinea have decreased at an annualized rate of 31.3%, from $6.7M in 2022 to $1.02M in 2017.

Exports from Guinea () to Romania () (2022)

Exports from Romania () to Guinea () (2022)

Latest Data

Trade between Guinea () and Romania ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Romania
Top DestinationGermany$18.8B

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

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

In 2022, countries that imported more from Romania than Guinea included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Guinea - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Romania in the exports of Plastics and Rubbers ($43.6k).

During 2017, Romania had a large net trade with Guinea in the exports of Machines ($687k), Animal Products ($336k), and Paper Goods ($946).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Romania+$111kRubber

Top Product Potential Romania Guinea+$421kElectrical Control Boards

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Romania () (2022)

Exports from Romania () to Guinea () (2022)

Latest Data

Trade between Guinea () and Romania ()

Romania Exports

Market Competitiveness

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

Comparative Advantage Guinea - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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