2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 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 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Brazil-Guinea Trade: In 2022, Brazil exported $111M to Guinea. The main products that Brazil exported to Guinea were Raw Sugar ($85M), Poultry Meat ($13.4M), and Other Prepared Meat ($2.76M). Over the past 5 years the exports of Brazil to Guinea have increased at an annualized rate of 14.6%, from $55.9M in 2017 to $111M in 2022.

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

Guinea-Brazil Trade: In 2022, Guinea exported $1.72k to Brazil. The main products that Guinea exported to Brazil were Vacuum Cleaners ($924), Iron Structures ($398), and Plastic Pipes ($162). Over the past 5 years the exports of Guinea to Brazil have decreased at an annualized rate of 82.6%,  from $10.8M in 2017 to $1.72k in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). 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
Value

In 2022, Brazil exported $111M to Guinea. The main products exported from Brazil to Guinea were Raw Sugar ($85M), Poultry Meat ($13.4M), and Other Prepared Meat ($2.76M). During the last 5 years the exports of Brazil to Guinea have increased at an annualized rate of 14.6%, from $55.9M in 2017 to $111M in 2022.

In 2017, Guinea exported $1.72k to Brazil. The main products exported from Guinea to Brazil were Vacuum Cleaners ($924), Iron Structures ($398), and Plastic Pipes ($162). During the last 5 years the exports of Guinea to Brazil have decreased at an annualized rate of 82.6%, from $10.8M in 2022 to $1.72k in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Guinea
Top Destination
China$3.81B

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

In 2022, countries that imported more from Brazil than Guinea included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Guinea than Brazil included Brunei ($36.8M).

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

Comparative Advantage Brazil - Guinea

Flow
Scale

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

During 2022, Brazil had a large net trade with Guinea in the exports of Foodstuffs ($92.9M), Animal Products ($14.8M), and Paper Goods ($973k).

During 2017, Guinea had a large net trade with Brazil in the exports of Machines ($924), Metals ($589), and Plastics and Rubbers ($162).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Guinea+$3.85MPoultry Meat
Top Product Potential Guinea Brazil+$4.02kRefined Petroleum

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

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

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

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