Guinea (GIN) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Guinea-Bangladesh Trade: In 2015, Guinea exported $391k to Bangladesh. The main products that Guinea exported to Bangladesh were N/A. Over the past 6 years the exports of Guinea to Bangladesh have increased at an annualized rate of 265%, from $164 in 2009 to $391k in 2015.

In 2015, Guinea did not export any services to Bangladesh.

Bangladesh-Guinea Trade: In 2015, Bangladesh exported $549k to Guinea. The main products that Bangladesh exported to Guinea were N/A. Over the past 6 years the exports of Bangladesh to Guinea have decreased at an annualized rate of 10.5%, from $955k in 2009 to $549k in 2015.

In 2015, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2015, Guinea exported $391k to Bangladesh. There were not main exports from Guinea to Bangladesh in 2015. During the last 6 years the exports of Guinea to Bangladesh have increased at an annualized rate of 265%, from $164 in 2009 to $391k in 2015.

In 2011, Bangladesh exported $549k to Guinea. There were not main exports from Bangladesh to Guinea in 2011. During the last 5 years the exports of Bangladesh to Guinea have decreased at an annualized rate of 10.5%, from $955k in 2016 to $549k in 2011.

Exports from Guinea () to Bangladesh () (2016)

Exports from Bangladesh () to Guinea () (2016)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Bangladesh
Top DestinationUnited States$11.7B

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

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

In 2022, countries that imported more from Bangladesh than Guinea included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

Difference in imports from Bangladesh () and Guinea () (2022)

Comparative Advantage Guinea - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2015, Guinea had a large net trade with Bangladesh in the exports of .

During 2011, Bangladesh had a large net trade with Guinea in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Bangladesh+$6.15kGold

Top Product Potential Bangladesh Guinea+$3.15kNon-Knit Men's Suits

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Bangladesh () (2016)

Exports from Bangladesh () to Guinea () (2016)

Market Competitiveness

Difference in imports from Bangladesh () and Guinea () (2022)

Comparative Advantage Guinea - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Bangladesh () (2016)

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