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Pricing

2022
Flag → Flag
Exports $1.24BRnk 103 / 211
2022
Flag → Flag
Top Product $77.8MDelivery Trucks
2022
Flag → Flag
Exports $1.27BRnk 1 / 105
2022
Flag → Flag
Top Product $3.79BAluminium Ore
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
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GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

China-Guinea Trade: In 2022, China exported $1.24B to Guinea. The main products that China exported to Guinea were Delivery Trucks ($77.8M), Rubber Footwear ($65.5M), and Large Construction Vehicles ($64.9M). Over the past 5 years the exports of China to Guinea have increased at an annualized rate of 103%, from $35.7M in 2017 to $1.24B in 2022.

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

Guinea-China Trade: In 2022, Guinea exported $1.27B to China. The main products that Guinea exported to China were Aluminium Ore ($3.79B), Iron Ore ($19.7M), and Raw Aluminium ($2.21M). Over the past 5 years the exports of Guinea to China have increased at an annualized rate of 272%,  from $1.79M in 2017 to $1.27B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Latest Trends

May, 2024

About

Overview In May 2024, China exported $307M and imported $648M from Guinea, resulting in a negative trade balance of $341M. Between May 2023 and May 2024 the exports of China have increased by $68M (28.5%) from $239M to $307M, while imports increased by $23M (3.67%) from $625M to $648M.

Trade In May 2024, the top exports of China to Guinea were Bi-Wheel Vehicle Parts ($12.2M), Rubber Footwear ($11.6M), Pesticides ($9.15M), Large Construction Vehicles ($8.15M), and Ceramic Bricks ($6.99M). In May 2024 the top imports of China from Guinea were Aluminium Ore ($613M), Refined Copper ($657k), Raw Aluminium ($420k), Iron Ore ($15.7k), and Commodities not elsewhere specified ($1.9k).

Origins In May 2024 the exports of China were mainly from Shandong Province ($89.1M), Zhejiang Province ($49.6M), Jiangsu Province ($35.8M), Guangdong Province ($32M), and Beijing ($10.1M), while imports destinations were mainly Shandong Province ($384M), Hebei Province ($70.7M), Chongqing ($40.3M), Fujian Province ($31M), and Zhejiang Province ($27.5M).

Growth In May 2024, the increase in China's year-by-year exports to Guinea was explained primarily by an increase in product exports in Bi-Wheel Vehicle Parts ($9.9M or 435%), Pesticides ($6.29M or 220%), and Rubber Footwear ($6.06M or 109%). In May 2024, the increase in China's year-by-year imports  from Guinea was explained primarily by an increase in product imports  in Aluminium Ore ($283M or 85.9%) and Iron Ore ($14.4k or 1.14k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (May 2023 - May 2024)$68M(28.5%)
IMPORT GROWTH (May 2023 - May 2024)$23M(3.67%)
MAIN EXPORTER (May 2024)Shandong Province$89.1M

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.

For full datasets download visit Bulk Download page.

Explore Guinea and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $1.24B to Guinea. The main products exported from China to Guinea were Delivery Trucks ($77.8M), Rubber Footwear ($65.5M), and Large Construction Vehicles ($64.9M). During the last 5 years the exports of China to Guinea have increased at an annualized rate of 103%, from $35.7M in 2017 to $1.24B in 2022.

In 2017, Guinea exported $1.27B to China. The main products exported from Guinea to China were Aluminium Ore ($3.79B), Iron Ore ($19.7M), and Raw Aluminium ($2.21M). During the last 22 years the exports of Guinea to China have increased at an annualized rate of 272%, from $1.79M in 1995 to $1.27B in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationN/AN/A
Guinea
Top DestinationN/AN/A

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.

N/A

N/A

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

Comparative Advantage China - Guinea

Flow
Scale

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

During 2022, China had a large net trade with Guinea in the exports of Machines ($502M), Metals ($414M), and Transportation ($335M).

During 2017, Guinea had a large net trade with China in the exports of Mineral Products ($3.81B), Metals ($4.23M), and Instruments ($36.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Guinea+$29.8MTelephones
Top Product Potential Guinea China+$35.2MIron Ore

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 China and Guinea. This means that a dot/product with the flag of China indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over China.

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

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