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2022
Flag → Flag
Exports $201MRnk 106 / 223
2022
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Top Product $116MWheat
2022
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Exports $147MRnk 6 / 105
2022
Flag → Flag
Top Product $133MAluminium Ore
2022
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Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
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Economic Complexity (ECI) ECI -2.66Rnk 124 / 124
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
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GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
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GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Germany-Guinea In 2022, Germany exported $201M to Guinea. The main products that Germany exported to Guinea are Wheat ($116M), Other Construction Vehicles ($10.9M), and Cranes ($7.36M). During the last 27 years the exports of Germany to Guinea have increased at an annualized rate of 7.08%, from $31.6M in 1995 to $201M in 2022.

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

Guinea-Germany In 2022, Guinea exported $147M to Germany. The main products that Guinea exported to Germany were Aluminium Ore ($133M), Acyclic Alcohols ($7.34M), and Rubber ($2.75M). During the last 27 years the exports of Guinea to Germany have increased at an annualized rate of 5.96%, from $30.8M in 1995 to $147M in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Guinea ranked 124 in the Economic Complexity Index (ECI -2.66), and 101 in total exports ($10.4B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €8.98M and imported €9.48M from Guinea, resulting in a negative trade balance of €500k. Between January 2023 and January 2024 the exports of Germany have increased by €2.38M (36.1%) from €6.6M to €8.98M, while imports increased by €1.44M (17.9%) from €8.05M to €9.48M.

Trade In January 2024, the top exports of Germany to Guinea were Machinery for mining, quarrying and construction (€2.94M), Other electric machinery, apparatus and appliances (€373k), Pumps and compressors (€340k), Other machinery (€331k), and Other food of vegetable origin (€327k). In January 2024 the top imports of Germany from Guinea were Bauxite and Cryolite (€7.32M), Other prefabricated chemicals (€470k), Other raw materials inclusive waste (€253k), Returned goods (€5k), and Measuring and automatical control instruments (€2k).

Origins In January 2024 the exports of Germany were mainly from Rhineland-Pfalz (€5.17M), North Rhine-Westphalia (€918k), Bavaria (€561k), Brandenburg (€322k), and Lower Saxony (€298k), while imports destinations were mainly Lower Saxony (€9.22M), Rhineland-Pfalz (€244k), Mecklenburg-Vorpommern (€19k), Hamburg (€0), and North Rhine-Westphalia (€0).

Growth In January 2024, the increase in Germany's year-by-year exports to Guinea was explained primarily by an increase in product exports in Pumps and compressors (€333k or 4.76k%), Other electric machinery, apparatus and appliances (€330k or 767%), and Bearings,gearings, gear wheels and drive elements (€237k or 593%). In January 2024, the increase in Germany's year-by-year imports  from Guinea was explained primarily by an increase in product imports  in Other raw materials inclusive waste (€102k or 67.5%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€2.38M(36.1%)
IMPORT GROWTH (January 2023 - January 2024)€1.44M(17.9%)
MAIN EXPORTER (January 2024)Rhineland-Pfalz€5.17M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $201M to Guinea. The main products exported from Germany to Guinea were Wheat ($116M), Other Construction Vehicles ($10.9M), and Cranes ($7.36M). During the last 27 years the exports of Germany to Guinea have increased at an annualized rate of 7.08%, from $31.6M in 1995 to $201M in 2022.

In 2022, Guinea exported $147M to Germany. The main products exported from Guinea to Germany were Aluminium Ore ($133M), Acyclic Alcohols ($7.34M), and Rubber ($2.75M). During the last 27 years the exports of Guinea to Germany have increased at an annualized rate of 5.96%, from $30.8M in 1995 to $147M in 2022.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Guinea
Top DestinationChina$3.81B

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

In 2021, countries that imported more from Germany than Guinea were United States ($153B), France ($120B), and Netherlands ($109B).

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

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

Comparative Advantage Germany - Guinea

Flow
Scale

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

During 2022, Germany had a large net trade with Guinea in the exports of Vegetable Products ($116M), Machines ($46.3M), and Transportation ($12.5M).

During 2022, Guinea had a large net trade with Germany in the exports of Mineral Products ($135M), Chemical Products ($7.34M), and Plastics and Rubbers ($2.75M).

Economic Complexity

Competitive Landscape

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

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

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