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2022
Flag → Flag
Exports $41kRnk 173 / 188
2022
Flag → Flag
Top Product $9.13kOther Headwear
2022
Flag → Flag
Exports $325kRnk 43 / 105
2022
Flag → Flag
Top Product $323kCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Estonia-Guinea Trade: In 2022, Estonia exported $41k to Guinea. The main products that Estonia exported to Guinea were Other Headwear ($9.13k), Centrifuges ($5.11k), and Low-voltage Protection Equipment ($4.13k). Over the past 5 years the exports of Estonia to Guinea have decreased at an annualized rate of 47.5%, from $1.03M in 2017 to $41k in 2022.

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

Guinea-Estonia Trade: In 2022, Guinea exported $325k to Estonia. The main products that Guinea exported to Estonia were Cocoa Beans ($323k), Frozen Fruits and Nuts ($1.57k), and Frozen Vegetables ($190). Over the past 5 years the exports of Guinea to Estonia have increased at an annualized rate of 379%,  from $129 in 2017 to $325k in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $41k to Guinea. The main products exported from Estonia to Guinea were Other Headwear ($9.13k), Centrifuges ($5.11k), and Low-voltage Protection Equipment ($4.13k). During the last 5 years the exports of Estonia to Guinea have decreased at an annualized rate of 47.5%, from $1.03M in 2017 to $41k in 2022.

In 2017, Guinea exported $325k to Estonia. The main products exported from Guinea to Estonia were Cocoa Beans ($323k), Frozen Fruits and Nuts ($1.57k), and Frozen Vegetables ($190). During the last 5 years the exports of Guinea to Estonia have increased at an annualized rate of 379%, from $129 in 2022 to $325k in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Guinea (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$3B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Estonia than Guinea included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Guinea than Estonia included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

Comparative Advantage Estonia - Guinea

Flow
Scale

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

During 2022, Estonia had a large net trade with Guinea in the exports of Machines ($17.7k), Footwear and Headwear ($10.8k), and Plastics and Rubbers ($5.84k).

During 2017, Guinea had a large net trade with Estonia in the exports of Foodstuffs ($323k) and Vegetable Products ($1.76k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and Guinea. This means that a dot/product with the flag of Estonia indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Estonia.

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

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