Guinea (GIN) and Belarus (BLR) Trade | The Observatory of Economic Complexity

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Guinea-Belarus Trade: In 2021, Guinea exported $445k to Belarus. The main products that Guinea exported to Belarus were N/A. Over the past 5 years the exports of Guinea to Belarus have decreased at an annualized rate of 59.2%, from $39.3M in 2016 to $445k in 2021.

In 2021, Guinea did not export any services to Belarus.

Belarus-Guinea Trade: In 2021, Belarus exported $270k to Guinea. The main products that Belarus exported to Guinea were N/A. Over the past 5 years the exports of Belarus to Guinea have decreased at an annualized rate of 18.9%, from $772k in 2016 to $270k in 2021.

In 2014, Belarus exported services to Guinea worth $0, with being the largest in terms of value.

Comparison: In 2022, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Guinea exported $445k to Belarus. There were not main exports from Guinea to Belarus in 2021. During the last 5 years the exports of Guinea to Belarus have decreased at an annualized rate of 59.2%, from $39.3M in 2016 to $445k in 2021.

In 2016, Belarus exported $270k to Guinea. There were not main exports from Belarus to Guinea in 2016. During the last 5 years the exports of Belarus to Guinea have decreased at an annualized rate of 18.9%, from $772k in 2021 to $270k in 2016.

Exports from Guinea () to Belarus () (2021)

Exports from Belarus () to Guinea () (2021)

Latest Data

Trade between Guinea () and Belarus ()

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Belarus
Top DestinationChina$1.6B

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

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

In 2022, countries that imported more from Belarus than Guinea included Ukraine ($1.29B), Poland ($933M), and Kazakhstan ($827M).

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

Comparative Advantage Guinea - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Guinea had a large net trade with Belarus in the exports of .

During 2016, Belarus 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 Belarus+$1.66kCoffee

Top Product Potential Belarus Guinea+$2.05kRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Belarus () (2021)

Exports from Belarus () to Guinea () (2021)

Latest Data

Trade between Guinea () and Belarus ()

Belarus Exports

Market Competitiveness

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

Comparative Advantage Guinea - Belarus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Belarus () (2021)

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