Greece (GRC) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Greece-Guinea Trade: In 2022, Greece exported $159M to Guinea. The main products that Greece exported to Guinea were Refined Petroleum ($158M), Poultry Meat ($625k), and Electrical Transformers ($374k). Over the past 5 years the exports of Greece to Guinea have increased at an annualized rate of 93.4%, from $5.89M in 2017 to $159M in 2022.

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

Guinea-Greece Trade: In 2022, Guinea exported $3.7M to Greece. The main products that Guinea exported to Greece were Aluminium Ore ($3.61M), Scrap Aluminium ($86.7k), and Aircraft Parts ($276). Over the past 5 years the exports of Guinea to Greece have increased at an annualized rate of 212%, from $12.5k in 2017 to $3.7M in 2022.

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

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $159M to Guinea. The main products exported from Greece to Guinea were Refined Petroleum ($158M), Poultry Meat ($625k), and Electrical Transformers ($374k). During the last 5 years the exports of Greece to Guinea have increased at an annualized rate of 93.4%, from $5.89M in 2017 to $159M in 2022.

In 2017, Guinea exported $3.7M to Greece. The main products exported from Guinea to Greece were Aluminium Ore ($3.61M), Scrap Aluminium ($86.7k), and Aircraft Parts ($276). During the last 5 years the exports of Guinea to Greece have increased at an annualized rate of 212%, from $12.5k in 2022 to $3.7M in 2017.

Exports from Greece () to Guinea () (2022)

Exports from Guinea () to Greece () (2022)

Latest Data

Trade between Greece () and Guinea ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Greece than Guinea included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

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

Comparative Advantage Greece - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Guinea in the exports of Mineral Products ($158M), Machines ($640k), and Animal Products ($625k).

During 2017, Guinea had a large net trade with Greece in the exports of Mineral Products ($3.61M), Metals ($86.7k), and Transportation ($276).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Guinea+$166kPoultry Meat

Top Product Potential Guinea Greece+$1.86MAluminium Ore

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

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Guinea () (2022)

Exports from Guinea () to Greece () (2022)

Latest Data

Trade between Greece () and Guinea ()

Greece Exports

Market Competitiveness

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

Comparative Advantage Greece - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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