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2022
Flag → Flag
Exports $2.59BRnk 3 / 105
2022
Flag → Flag
Top Product $2.45BGold
2022
Flag → Flag
Exports $254MRnk 89 / 219
2022
Flag → Flag
Top Product $73.9MRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC $1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Guinea-United Arab Emirates Trade: In 2022, Guinea exported $2.59B to United Arab Emirates. The main products that Guinea exported to United Arab Emirates were Gold ($2.45B), Aluminium Ore ($131M), and Diamonds ($2.81M). Over the past 5 years the exports of Guinea to United Arab Emirates have decreased at an annualized rate of 0.99%, from $2.72B in 2017 to $2.59B in 2022.

In 2022, Guinea did not export any services to United Arab Emirates.

United Arab Emirates-Guinea Trade: In 2022, United Arab Emirates exported $254M to Guinea. The main products that United Arab Emirates exported to Guinea were Rolled Tobacco ($73.9M), Broadcasting Equipment ($27.9M), and Refined Petroleum ($20M). Over the past 5 years the exports of United Arab Emirates to Guinea have increased at an annualized rate of 20%,  from $102M in 2017 to $254M in 2022.

In 2022, United Arab Emirates 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, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $2.59B to United Arab Emirates. The main products exported from Guinea to United Arab Emirates were Gold ($2.45B), Aluminium Ore ($131M), and Diamonds ($2.81M). During the last 5 years the exports of Guinea to United Arab Emirates have decreased at an annualized rate of 0.99%, from $2.72B in 2017 to $2.59B in 2022.

In 2017, United Arab Emirates exported $254M to Guinea. The main products exported from United Arab Emirates to Guinea were Rolled Tobacco ($73.9M), Broadcasting Equipment ($27.9M), and Refined Petroleum ($20M). During the last 5 years the exports of United Arab Emirates to Guinea have increased at an annualized rate of 20%, from $102M in 2022 to $254M in 2017.

Exports from Guinea (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Guinea (Flag) (2022)

Market Competitiveness

Color
Guinea
Top DestinationChina$3.81B
United Arab Emirates
Top DestinationIndia$51B

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

In 2022, no countries were registered that imported more from Guinea than from United Arab Emirates.

In 2022, countries that imported more from United Arab Emirates than Guinea included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Guinea (Flag) (2022)

Comparative Advantage Guinea - United Arab Emirates

Flow
Scale

This chart compares trade between Guinea and United Arab Emirates by product, considering products traded by both, Guinea and United Arab Emirates.

During 2022, Guinea had a large net trade with United Arab Emirates in the exports of Precious Metals ($2.46B), Mineral Products ($131M), and Metals ($3.83M).

During 2017, United Arab Emirates had a large net trade with Guinea in the exports of Foodstuffs ($76.8M), Machines ($52.9M), and Transportation ($34.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea United Arab Emirates+$2.26MDiamonds
Top Product Potential United Arab Emirates Guinea+$14MRefined 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 United Arab Emirates. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Guinea.

Product Space of Guinea (Flag) and United Arab Emirates (Flag) (2022)

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