2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 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
$8,639CURRENT US$
Rnk 91 / 196
2013-2023
Flag
GDP PC GROWTH
71.6%CURRENT US$
Rnk 23 / 195

About

Guinea-Bosnia and Herzegovina Trade: In 2023, Guinea exported $1.1M to Bosnia and Herzegovina. The main products that Guinea exported to Bosnia and Herzegovina were Aluminium Ore ($1.1M), Centrifuges ($911), and Friction Material ($529). Over the past 5 years the exports of Guinea to Bosnia and Herzegovina have decreased at an annualized rate of 7.22%, from $1.61M in 2018 to $1.1M in 2023.

In 2023, Guinea did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Guinea Trade: In 2023, Bosnia and Herzegovina exported $3.55k to Guinea. The main products that Bosnia and Herzegovina exported to Guinea were N/A. Over the past 5 years the exports of Bosnia and Herzegovina to Guinea have increased at an annualized rate of 3.14%,  from $3.04k in 2018 to $3.55k in 2023.

In 2023, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $1.1M to Bosnia and Herzegovina. The main products exported from Guinea to Bosnia and Herzegovina were Aluminium Ore ($1.1M), Centrifuges ($911), and Friction Material ($529). During the last 5 years the exports of Guinea to Bosnia and Herzegovina have decreased at an annualized rate of 7.22%, from $1.61M in 2018 to $1.1M in 2023.

In 2015, Bosnia and Herzegovina exported $3.55k to Guinea. There were not main exports from Bosnia and Herzegovina to Guinea in 2015. During the last 5 years the exports of Bosnia and Herzegovina to Guinea have increased at an annualized rate of 3.14%, from $3.04k in 2020 to $3.55k in 2015.

Exports from Guinea (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to Guinea (Flag) (2023)

Latest Data

Trade between Guinea (Flag) and Bosnia and Herzegovina (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
Bosnia and Herzegovina
Top Destination
Germany$1.48B

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

In 2023, countries that imported more from Guinea than Bosnia and Herzegovina included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

In 2023, countries that imported more from Bosnia and Herzegovina than Guinea included Germany ($1.48B), Croatia ($1.39B), and Serbia ($1.18B).

Difference in imports from Bosnia and Herzegovina (Flag) and Guinea (Flag) (2023)

Comparative Advantage Guinea - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Guinea had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($1.1M), Machines ($911), and Stone And Glass ($529).

During 2015, Bosnia and Herzegovina had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Bosnia and Herzegovina+$34.3kCoffee
Top Product Potential Bosnia and Herzegovina Guinea+$1.88kIron Structures

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 Bosnia and Herzegovina. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Guinea.

Product Space of Guinea (Flag) and Bosnia and Herzegovina (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