Flag Austria / Guinea Flag

2021
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Exports
: $3.77M, Rnk 151 / 217

2021
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Top Product
: $933k, Light Pure Woven Cotton

2021
FlagFlag
Exports
: $11.4k, Rnk 75 / 104

2021
FlagFlag
Top Product
: $3.42k, Other Measuring Instruments

2021
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Economic Complexity (ECI)
: ECI 1.5, Rnk 9 / 131

2021
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Economic Complexity (ECI)
: ECI -1.84, Rnk 130 / 131

2021
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GDP
: $477B, CURRENT US$
Rnk 29 / 182

2011-2021
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GDP GROWTH
: 10.5%, CURRENT US$
Rnk 129 / 182

2021
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 GDP
: $15.9B, CURRENT US$
Rnk 122 / 182

2011-2021
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GDP GROWTH
: 134%, CURRENT US$
Rnk 7 / 182

2021
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GDP PC 
: $53,268, CURRENT US$
Rnk 15 / 182

2011-2021
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GDP PC GROWTH
: 3.55%, CURRENT US$
Rnk 116 / 182

2021
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GDP PC
: $1,174, CURRENT US$
Rnk 157 / 182

2011-2021
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GDP PC GROWTH
: 80.4%, CURRENT US$
Rnk 13 / 182

Austria-Guinea In 2021, Austria exported $3.77M to Guinea. The main products that Austria exported to Guinea are Light Pure Woven Cotton ($933k), Iron Railway Products ($821k), and Hard Liquor ($540k). During the last 26 years the exports of Austria to Guinea have decreased at an annualized rate of 4.88%, from $13.8M in 1995 to $3.77M in 2021.

In 2021, Austria did not export any services to Guinea.

Guinea-Austria In 2021, Guinea exported $11.4k to Austria. The main products that Guinea exported to Austria were Other Measuring Instruments ($3.42k), Transmissions ($2.71k), and Precious Stone Dust ($1.81k). During the last 26 years the exports of Guinea to Austria have decreased at an annualized rate of 16.3%, from $1.18M in 1995 to $11.4k in 2021.

In 2021, Guinea did not export any services to Austria.

Comparison In 2021,  Austria ranked 9 in the Economic Complexity Index (ECI 1.5), and 31 in total exports ($198B). That same year, Guinea ranked 130 in the Economic Complexity Index (ECI -1.84), and 98 in total exports ($9.49B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Austria exported $3.77M to Guinea. The main products exported from Austria to Guinea were Light Pure Woven Cotton ($933k), Iron Railway Products ($821k), and Hard Liquor ($540k). During the last 26 years the exports of Austria to Guinea have decreased at an annualized rate of 4.88%, from $13.8M in 1995 to $3.77M in 2021.

In 2021, Guinea exported $11.4k to Austria. The main products exported from Guinea to Austria were Other Measuring Instruments ($3.42k), Transmissions ($2.71k), and Precious Stone Dust ($1.81k). During the last 26 years the exports of Guinea to Austria have decreased at an annualized rate of 16.3%, from $1.18M in 1995 to $11.4k in 2021.

Austria Exports

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Market Competitiveness

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Color

Austria
Top Destination
: Germany, $56.4B

Guinea
Top Destination
: India, $3.41B

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 ($56.4B), Italy ($13.1B), and United States ($12.7B).

In 2021, countries that imported more from Guinea than Austria were India ($3.41B) and United Arab Emirates ($2.55B).

Comparative Advantage Austria - Guinea

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Flow
Scale

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

During 2021, Austria had a large net trade with Guinea in the exports of Textiles ($1.28M), Metals ($1.18M), and Foodstuffs ($1.01M).

During 2021, Guinea had a large net trade with Austria in the exports of Machines ($4.27k), Instruments ($3.97k), and Precious Metals ($1.9k).

Economic Complexity

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Competitive Landscape

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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.