China (CHN) and Guinea (GIN) Trade | OEC - The Observatory of Economic Complexity

About

China-Guinea In 2020, China exported $1.91B to Guinea. The main products that China exported to Guinea are Rubber Footwear ($95.1M), Coated Flat-Rolled Iron ($53.9M), and Passenger and Cargo Ships ($46.5M). During the last 25 years the exports of China to Guinea have increased at an annualized rate of 17.2%, from $35.8M in 1995 to $1.91B in 2020.

In 2020, China did not export any services to Guinea.

Guinea-China In 2020, Guinea exported $2.12B to China. The main products that Guinea exported to China were Aluminium Ore ($2.1B), Iron Ore ($15.4M), and Rubber ($1.14M). During the last 25 years the exports of Guinea to China have increased at an annualized rate of 32.7%, from $1.78M in 1995 to $2.12B in 2020.

In 2020, Guinea did not export any services to China.

Comparison In 2020, China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T). That same year, Guinea ranked 124 in the Economic Complexity Index (ECI -1.64), and 82 in total exports ($11.6B).

Latest Trends

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December, 2022

About

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Overview In December 2022, China exported $176M and imported $412M from Guinea, resulting in a negative trade balance of $236M. Between December 2021 and December 2022 the exports of China have increased by $9.62M (5.77%) from $167M to $176M, while imports increased by $203M (96.7%) from $209M to $412M.

Trade In December 2022, the top exports of China to Guinea were Large Construction Vehicles ($12M), Delivery Trucks ($11.9M), Iron Structures ($11.5M), Passenger and Cargo Ships ($11.3M), and Stone Processing Machines ($9.21M). In December 2022 the top imports of China from Guinea were Aluminium Ore ($329M), Scrap Copper ($362k), Commodities not elsewhere specified ($2.3k), and Iron Ore ($1.26k).

Origins In December 2022 the exports of China were mainly from Shandong Province ($31.7M), Guangdong Province ($30.9M), Zhejiang Province ($27.4M), Jiangsu Province ($15.4M), and Hebei Province ($8.92M), while imports destinations were mainly Shandong Province ($258M), Chongqing ($50.8M), Beijing ($47.7M), Shanghai Province ($22.1M), and Qinghai Province ($11.3M).

Growth In December 2022, the increase in China's year-by-year exports to Guinea was explained primarily by an increase in product exports in Delivery Trucks ($8.97M or 307%), Iron Structures ($8.17M or 247%), and Large Construction Vehicles ($7.75M or 183%). In December 2022, the increase in China's year-by-year imports from Guinea was explained primarily by an increase in product imports in Aluminium Ore ($124M or 60.3%) and Commodities not elsewhere specified ($79 or 3.56%).

Latest Trade

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Flow

Time Scale

Depth

Value

EXPORT GROWTH (December 2021 - December 2022): $9.62M, (5.77%)

IMPORT GROWTH (December 2021 - December 2022): $203M, (96.7%)

MAIN EXPORTER (December 2022): Shandong Province, $31.7M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Guinea and China trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, China exported $1.91B to Guinea. The main products exported from China to Guinea were Rubber Footwear ($95.1M), Coated Flat-Rolled Iron ($53.9M), and Passenger and Cargo Ships ($46.5M). During the last 25 years the exports of China to Guinea have increased at an annualized rate of 17.2%, from $35.8M in 1995 to $1.91B in 2020.

In 2020, Guinea exported $2.12B to China. The main products exported from Guinea to China were Aluminium Ore ($2.1B), Iron Ore ($15.4M), and Rubber ($1.14M). During the last 25 years the exports of Guinea to China have increased at an annualized rate of 32.7%, from $1.78M in 1995 to $2.12B in 2020.

Market Competitiveness

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Measure

SectionYear

China
Top Destination: United States, $438B

Guinea
Top Destination: United Arab Emirates, $6.81B

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

In 2019, countries that imported more from China than Guinea were United States ($438B), Hong Kong ($262B), and Japan ($151B).

In 2019, no countries were registered that imported more from Guinea than from China.

Comparative Advantage China - Guinea

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Flow

Scale

Year

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

During 2020, China had a large net trade with Guinea in the exports of Machines ($465M), Metals ($287M), and Transportation ($281M).

During 2020, Guinea had a large net trade with China in the exports of Mineral Products ($2.12B), Plastics and Rubbers ($1.16M), and Wood Products ($225k).

Economic Complexity

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Competitive Landscape

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Year

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 China has comparative advantage over Guinea. Similarly, the more yellow a dot/product is, the more Guinea has comparative advantage over China.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage China - Guinea

Economic Complexity

Competitive Landscape

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