Flag China / Guinea Flag

Exports FlagFlag  (2018): $1.31B, Rnk 106 / 206

Top Product FlagFlag (2018): $66.4M, Rubber Footwear

Exports FlagFlag (2018): $1.94B, Rnk 2 / 79

Top Product FlagFlag (2018): $1.93B, Aluminium Ore

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI -1.76, Rnk 135 / 137

China-Guinea: In 2018, China exported $1.31B to Guinea. The main products exported from China to Guinea were Rubber Footwear ($66.4M), Rice ($58.1M), and Coated Flat-Rolled Iron ($43.6M). During the last 23 years the exports of China to Guinea have increased at an annualized rate of 18.7%, from $25.2M in 1995 to $1.31B in 2018.

Guinea-China: In 2018, Guinea exported $1.94B to China. The main products exported from Guinea to China were Aluminium Ore ($1.93B), Sawn Wood ($441k), and Rough Wood ($243k). During the last 23 years the exports of Guinea to China have increased at an annualized rate of 35.4%, from $1.83M in 1995 to $1.94B in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Guinea ranked 135 in the Economic Complexity Index (ECI -1.76), and 107 in total exports ($5.77B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $1.31B to Guinea. The main products exported from China to Guinea were Rubber Footwear ($66.4M), Rice ($58.1M), and Coated Flat-Rolled Iron ($43.6M). During the last 23 years the exports of China to Guinea have increased at an annualized rate of 18.7%, from $25.2M in 1995 to $1.31B in 2018.

In 2018, Guinea exported $1.94B to China. The main products exported from Guinea to China were Aluminium Ore ($1.93B), Sawn Wood ($441k), and Rough Wood ($243k). During the last 23 years the exports of Guinea to China have increased at an annualized rate of 35.4%, from $1.83M in 1995 to $1.94B in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Guinea
Top Destination
: United Arab Emirates, $2.3B

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 2018, countries that imported more from China than Guinea were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, no countries were registered that imported more from Guinea than from China.

Comparative Advantage China - Guinea

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Depth

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

During 2018, China had a large net trade with Guinea in the exports of Machines ($290M), Metals ($179M), and Textiles ($160M).

During 2018, Guinea had a large net trade with China in the exports of Mineral Products ($1.93B), Wood Products ($684k), and Animal Products ($72.1k).

Tariff Section

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This sections shows import tariffs for products traded between China and Guinea (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Guinea were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

In 2018, the products from Guinea that paid the highest import tariffs to enter China were Bovine carcasses and half carcasses, fresh or chilled (35%) and Bovine cuts bone in, fresh or chilled (35%).

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*The tariffs present between China and Guinea are:
112: China Preferential tariff for Least Developed Countries
125: General duty rate
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between China and Guinea. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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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 red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Guinea. Similarly, the more red a dot/product is, the more Guinea has comparative advantage over China.