Guinea (GIN) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Guinea-Bolivia Trade: In 2022, Guinea exported $3.56k to Bolivia. The main products that Guinea exported to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($1.45k), Electrical Ignitions ($385), and Iron Chains ($352). Over the past 10 years the exports of Guinea to Bolivia have increased at an annualized rate of 10.4%, from $1.32k in 2012 to $3.56k in 2022.

In 2022, Guinea did not export any services to Bolivia.

Bolivia-Guinea In N/A, Bolivia did not export any products to Guinea.

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $3.56k to Bolivia. The main products exported from Guinea to Bolivia were Motor vehicles; parts and accessories (8701 to 8705) ($1.45k), Electrical Ignitions ($385), and Iron Chains ($352). During the last 10 years the exports of Guinea to Bolivia have increased at an annualized rate of 10.4%, from $1.32k in 2012 to $3.56k in 2022.

Bolivia does not register exports to Guinea.

Exports from Guinea () to Bolivia () (2022)

Exports from Bolivia () to Guinea () (2022)

Latest Data

Trade between Guinea () and Bolivia ()

Bolivia Exports

Date

Dec 2018

Nov 2014

May 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Bolivia
Top DestinationIndia$2.27B

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

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

In 2022, countries that imported more from Bolivia than Guinea included Brazil ($1.89B), Argentina ($1.76B), and Colombia ($1.06B).

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

Comparative Advantage Guinea - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Bolivia in the exports of Machines ($1.64k), Transportation ($1.45k), and Metals ($352).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Bolivia+$4.33kMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Bolivia Guinea+$2.06kRefined 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 Bolivia. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Guinea.

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Bolivia () (2022)

Exports from Bolivia () to Guinea () (2022)

Latest Data

Trade between Guinea () and Bolivia ()

Bolivia Exports

Market Competitiveness

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

Comparative Advantage Guinea - Bolivia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Bolivia () (2022)

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