Guinea (GIN) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Guinea-Switzerland Trade: In 2023, Guinea exported $241M to Switzerland. The main products that Guinea exported to Switzerland were Gold ($240M), Jewellery ($645k), and Other Heating Machinery ($180k). Over the past 5 years the exports of Guinea to Switzerland have increased at an annualized rate of 54.1%, from $27.7M in 2018 to $241M in 2023.

In 2023, Guinea did not export any services to Switzerland.

Switzerland-Guinea Trade: In 2023, Switzerland exported $7.23M to Guinea. The main products that Switzerland exported to Guinea were Hydraulic Turbines ($2.4M), Excavation Machinery ($902k), and Cars ($675k). Over the past 5 years the exports of Switzerland to Guinea have increased at an annualized rate of 16.4%, from $3.39M in 2018 to $7.23M in 2023.

In 2023, Switzerland 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, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guinea exported $241M to Switzerland. The main products exported from Guinea to Switzerland were Gold ($240M), Jewellery ($645k), and Other Heating Machinery ($180k). During the last 5 years the exports of Guinea to Switzerland have increased at an annualized rate of 54.1%, from $27.7M in 2018 to $241M in 2023.

In 2018, Switzerland exported $7.23M to Guinea. The main products exported from Switzerland to Guinea were Hydraulic Turbines ($2.4M), Excavation Machinery ($902k), and Cars ($675k). During the last 5 years the exports of Switzerland to Guinea have increased at an annualized rate of 16.4%, from $3.39M in 2023 to $7.23M in 2018.

Exports from Guinea () to Switzerland () (2023)

Exports from Switzerland () to Guinea () (2023)

Latest Data

Trade between Guinea () and Switzerland ()

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationUnited Arab Emirates$9.05B

Switzerland
Top DestinationGermany$53.8B

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

In 2023, countries that imported more from Guinea than Switzerland included Liberia ($10.4M).

In 2023, countries that imported more from Switzerland than Guinea included Germany ($53.8B), United States ($45.1B), and China ($47.7B).

Difference in imports from Switzerland () and Guinea () (2023)

Comparative Advantage Guinea - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Guinea had a large net trade with Switzerland in the exports of Precious Metals ($240M), Machines ($299k), and Animal and Vegetable Bi-Products ($134k).

During 2018, Switzerland had a large net trade with Guinea in the exports of Machines ($4.62M), Transportation ($893k), and Metals ($567k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Switzerland+$206MGold

Top Product Potential Switzerland Guinea+$1.35MPackaged Medicaments

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Switzerland () (2023)

Exports from Switzerland () to Guinea () (2023)

Latest Data

Trade between Guinea () and Switzerland ()

Switzerland Exports

Market Competitiveness

Difference in imports from Switzerland () and Guinea () (2023)

Comparative Advantage Guinea - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Switzerland () (2023)

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