2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Brazil-Guinea Trade: In 2023, Brazil exported $152M to Guinea. The main products that Brazil exported to Guinea were Raw Sugar ($113M), Poultry Meat ($17.6M), and Railway Freight Cars ($6.78M). Over the past 5 years the exports of Brazil to Guinea have increased at an annualized rate of 29.4%, from $41.8M in 2018 to $152M in 2023.

In 2023, Brazil did not export any services to Guinea.

Guinea-Brazil Trade: In 2023, Guinea exported $19.8k to Brazil. The main products that Guinea exported to Brazil were Office Machine Parts ($6.06k), Railway Cargo Containers ($5k), and Vacuum Cleaners ($3.73k). Over the past 5 years the exports of Guinea to Brazil have decreased at an annualized rate of 60.5%,  from $2.06M in 2018 to $19.8k in 2023.

In 2023, Guinea did not export any services to Brazil.

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $152M to Guinea. The main products exported from Brazil to Guinea were Raw Sugar ($113M), Poultry Meat ($17.6M), and Railway Freight Cars ($6.78M). During the last 5 years the exports of Brazil to Guinea have increased at an annualized rate of 29.4%, from $41.8M in 2018 to $152M in 2023.

In 2018, Guinea exported $19.8k to Brazil. The main products exported from Guinea to Brazil were Office Machine Parts ($6.06k), Railway Cargo Containers ($5k), and Vacuum Cleaners ($3.73k). During the last 5 years the exports of Guinea to Brazil have decreased at an annualized rate of 60.5%, from $2.06M in 2023 to $19.8k in 2018.

Exports from Brazil (Flag) to Guinea (Flag) (2023)

Exports from Guinea (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Guinea
Top Destination
United Arab Emirates$9.05B

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 2023, countries that imported more from Brazil than Guinea included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Guinea than Brazil included United Arab Emirates ($9.05B).

Difference in imports from Guinea (Flag) and Brazil (Flag) (2023)

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 2023, Brazil had a large net trade with Guinea in the exports of Foodstuffs ($121M), Animal Products ($19.2M), and Transportation ($6.89M).

During 2018, Guinea had a large net trade with Brazil in the exports of Machines ($12.9k), Transportation ($5k), and Instruments ($1.94k).

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) (2023)

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