2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 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
$49,041CURRENT US$
Rnk 27 / 196
2013-2023
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GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195

About

Guinea-United Arab Emirates Trade: In 2023, Guinea exported $9.05B to United Arab Emirates. The main products that Guinea exported to United Arab Emirates were Gold ($8.36B), Aluminium Ore ($674M), and Diamonds ($7.94M). Over the past 5 years the exports of Guinea to United Arab Emirates have increased at an annualized rate of 31.5%, from $2.3B in 2018 to $9.05B in 2023.

In 2023, Guinea did not export any services to United Arab Emirates.

United Arab Emirates-Guinea Trade: In 2023, United Arab Emirates exported $282M to Guinea. The main products that United Arab Emirates exported to Guinea were Rolled Tobacco ($69.5M), Cars ($34M), and Broadcasting Equipment ($28.9M). Over the past 5 years the exports of United Arab Emirates to Guinea have increased at an annualized rate of 1.05%,  from $231M in 2018 to $282M in 2023.

In 2023, United Arab Emirates 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, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $9.05B to United Arab Emirates. The main products exported from Guinea to United Arab Emirates were Gold ($8.36B), Aluminium Ore ($674M), and Diamonds ($7.94M). During the last 5 years the exports of Guinea to United Arab Emirates have increased at an annualized rate of 31.5%, from $2.3B in 2018 to $9.05B in 2023.

In 2018, United Arab Emirates exported $282M to Guinea. The main products exported from United Arab Emirates to Guinea were Rolled Tobacco ($69.5M), Cars ($34M), and Broadcasting Equipment ($28.9M). During the last 5 years the exports of United Arab Emirates to Guinea have increased at an annualized rate of 1.05%, from $231M in 2023 to $282M in 2018.

Exports from Guinea (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Guinea (Flag) (2023)

Latest Data

Trade between Guinea (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
United Arab Emirates
Top Destination
China$40.2B

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 2023, no countries were registered that imported more from Guinea than from United Arab Emirates.

In 2023, countries that imported more from United Arab Emirates than Guinea included Japan ($37.4B), India ($38.2B), and China ($40.2B).

Difference in imports from United Arab Emirates (Flag) and Guinea (Flag) (2023)

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 2023, Guinea had a large net trade with United Arab Emirates in the exports of Precious Metals ($8.37B), Mineral Products ($674M), and Metals ($1.89M).

During 2018, United Arab Emirates had a large net trade with Guinea in the exports of Foodstuffs ($75.1M), Machines ($62.1M), and Transportation ($52.7M).

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) (2023)

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