Guinea (GIN) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

About

Guinea-Chinese Taipei Trade: In 2022, Guinea exported $142k to Chinese Taipei. The main products that Guinea exported to Chinese Taipei were Sawn Wood ($132k), Integrated Circuits ($6.85k), and Electrical Transformers ($2.12k). Over the past 5 years the exports of Guinea to Chinese Taipei have decreased at an annualized rate of 31.3%, from $934k in 2017 to $142k in 2022.

In 2022, Guinea did not export any services to Chinese Taipei.

Chinese Taipei-Guinea Trade: In 2022, Chinese Taipei exported $7.73M to Guinea. The main products that Chinese Taipei exported to Guinea were Bi-Wheel Vehicle Parts ($1.07M), Acrylic Polymers ($936k), and Other Iron Products ($694k). Over the past 5 years the exports of Chinese Taipei to Guinea have decreased at an annualized rate of 3.65%, from $12.1M in 2017 to $7.73M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $142k to Chinese Taipei. The main products exported from Guinea to Chinese Taipei were Sawn Wood ($132k), Integrated Circuits ($6.85k), and Electrical Transformers ($2.12k). During the last 5 years the exports of Guinea to Chinese Taipei have decreased at an annualized rate of 31.3%, from $934k in 2017 to $142k in 2022.

In 2017, Chinese Taipei exported $7.73M to Guinea. The main products exported from Chinese Taipei to Guinea were Bi-Wheel Vehicle Parts ($1.07M), Acrylic Polymers ($936k), and Other Iron Products ($694k). During the last 5 years the exports of Chinese Taipei to Guinea have decreased at an annualized rate of 3.65%, from $12.1M in 2022 to $7.73M in 2017.

Exports from Guinea () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Guinea () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Guinea than Chinese Taipei included United Arab Emirates ($2.59B), Cape Verde ($1.55M), and Mauritania ($1.89M).

In 2022, countries that imported more from Chinese Taipei than Guinea included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Guinea () (2022)

Comparative Advantage Guinea - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Chinese Taipei in the exports of Wood Products ($132k), Machines ($10.4k), and Metals ($67).

During 2017, Chinese Taipei had a large net trade with Guinea in the exports of Machines ($2.67M), Metals ($1.81M), and Plastics and Rubbers ($1.34M).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Guinea and Chinese Taipei. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Chinese Taipei. Similarly, a dot/product with the flag of Chinese Taipei indicates it has a comparative advantage over Guinea.

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Guinea () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Guinea () (2022)

Comparative Advantage Guinea - Chinese Taipei

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Guinea () and Chinese Taipei () (2022)

Keep Exploring