2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH
-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC 
$1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC
$2,308CURRENT US$
Rnk 151 / 196
2013-2023
Flag
GDP PC GROWTH
-54.4%CURRENT US$
Rnk 194 / 195

About

Guinea-Angola Trade: In 2023, Guinea exported $415k to Angola. The main products that Guinea exported to Angola were Air Pumps ($121k), Fishing Ships ($84.7k), and Liquid Dispersing Machines ($53.5k). Over the past 5 years the exports of Guinea to Angola have increased at an annualized rate of 46.7%, from $61.1k in 2018 to $415k in 2023.

In 2023, Guinea did not export any services to Angola.

Angola-Guinea Trade: In 2023, Angola exported $1.27M to Guinea. The main products that Angola exported to Guinea were Glass Bottles ($1.22M), Iron Structures ($28.8k), and Synthetic Filament Yarn Woven Fabric ($5.23k). Over the past 5 years the exports of Angola to Guinea have increased at an annualized rate of 6.56%,  from $926k in 2018 to $1.27M in 2023.

In 2023, Angola did not export any services to Guinea.

Comparison: In 2023,  Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $415k to Angola. The main products exported from Guinea to Angola were Air Pumps ($121k), Fishing Ships ($84.7k), and Liquid Dispersing Machines ($53.5k). During the last 5 years the exports of Guinea to Angola have increased at an annualized rate of 46.7%, from $61.1k in 2018 to $415k in 2023.

In 2018, Angola exported $1.27M to Guinea. The main products exported from Angola to Guinea were Glass Bottles ($1.22M), Iron Structures ($28.8k), and Synthetic Filament Yarn Woven Fabric ($5.23k). During the last 5 years the exports of Angola to Guinea have increased at an annualized rate of 6.56%, from $926k in 2023 to $1.27M in 2018.

Exports from Guinea (Flag) to Angola (Flag) (2023)

Exports from Angola (Flag) to Guinea (Flag) (2023)

Latest Data

Trade between Guinea (Flag) and Angola (Flag)

Angola Exports

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
Angola
Top Destination
China$17.1B

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

In 2023, countries that imported more from Guinea than Angola included United Arab Emirates ($9.05B), Switzerland ($241M), and Ireland ($99M).

In 2023, countries that imported more from Angola than Guinea included China ($17.1B), Spain ($2.65B), and India ($3.87B).

Difference in imports from Angola (Flag) and Guinea (Flag) (2023)

Comparative Advantage Guinea - Angola

Flow
Scale

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

During 2023, Guinea had a large net trade with Angola in the exports of Machines ($224k), Transportation ($84.7k), and Footwear and Headwear ($56.6k).

During 2018, Angola had a large net trade with Guinea in the exports of Stone And Glass ($1.22M), Metals ($29.2k), and Machines ($10k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Angola+$2kRefined Petroleum
Top Product Potential Angola Guinea+$3.41kRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Guinea (Flag) and Angola (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with