2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Austria-Guinea In 2022, Austria exported $2.63M to Guinea. The main products that Austria exported to Guinea are Special purpose motor vehicles ($406k), Light Pure Woven Cotton ($337k), and Other Steel Bars ($292k). During the last 27 years the exports of Austria to Guinea have decreased at an annualized rate of 5.96%, from $13.8M in 1995 to $2.63M in 2022.

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

Guinea-Austria In 2022, Guinea exported $88k to Austria. The main products that Guinea exported to Austria were Base Metal Watches ($72.1k), Reaction and Catalytic Products ($10.2k), and Precious Stone Dust ($4.04k). During the last 27 years the exports of Guinea to Austria have decreased at an annualized rate of 9.24%, from $1.2M in 1995 to $88k in 2022.

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

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.48), and 32 in total exports ($209B). That same year, Guinea ranked 124 in the Economic Complexity Index (ECI -2.66), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $2.63M to Guinea. The main products exported from Austria to Guinea were Special purpose motor vehicles ($406k), Light Pure Woven Cotton ($337k), and Other Steel Bars ($292k). During the last 27 years the exports of Austria to Guinea have decreased at an annualized rate of 5.96%, from $13.8M in 1995 to $2.63M in 2022.

In 2022, Guinea exported $88k to Austria. The main products exported from Guinea to Austria were Base Metal Watches ($72.1k), Reaction and Catalytic Products ($10.2k), and Precious Stone Dust ($4.04k). During the last 27 years the exports of Guinea to Austria have decreased at an annualized rate of 9.24%, from $1.2M in 1995 to $88k in 2022.

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

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

Latest Data

Trade between Austria (Flag) and Guinea (Flag)

Austria Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Guinea
Top Destination
China$3.81B

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

In 2021, countries that imported more from Austria than Guinea were Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2021, countries that imported more from Guinea than Austria were United Arab Emirates ($2.59B), India ($2.77B), and Brunei ($36.8M).

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

Comparative Advantage Austria - Guinea

Flow
Scale

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

During 2022, Austria had a large net trade with Guinea in the exports of Metals ($632k), Textiles ($607k), and Machines ($448k).

During 2022, Guinea had a large net trade with Austria in the exports of Instruments ($72.1k), Chemical Products ($10.3k), and Precious Metals ($4.29k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Austria has comparative advantage over Guinea. Similarly, the more yellow a dot/product is, the more Guinea has comparative advantage over Austria.

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

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