2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186

About

Guinea-Albania Trade: In 2013, Guinea exported $394k to Albania. The main products that Guinea exported to Albania were N/A. Over the past 7 years the exports of Guinea to Albania have increased at an annualized rate of 117%, from $1.76k in 2006 to $394k in 2013.

In 2013, Guinea did not export any services to Albania.

Albania-Guinea In N/A, Albania did not export any products to Guinea.

In 2013, Albania did not export any services to Guinea.

Comparison: In 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, Guinea exported $394k to Albania. There were not main exports from Guinea to Albania in 2013. During the last 7 years the exports of Guinea to Albania have increased at an annualized rate of 117%, from $1.76k in 2006 to $394k in 2013.

Albania does not register exports to Guinea.

Exports from Guinea (Flag) to Albania (Flag) (2016)

Exports from Albania (Flag) to Guinea (Flag) (2016)

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Albania
Top Destination
Italy$1.75B

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

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

In 2022, countries that imported more from Albania than Guinea included Italy ($1.75B), Greece ($421M), and United States ($150M).

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

Comparative Advantage Guinea - Albania

Flow
Scale

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

During 2013, Guinea had a large net trade with Albania in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Albania+$1.62kGold
Top Product Potential Albania Guinea+$1.87kRefined 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.

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Economic Complexity

Competitive Landscape

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

Product Space of Guinea (Flag) and Albania (Flag) (2016)

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