2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Guinea-Chile Trade: In 2022, Guinea exported $183k to Chile. The main products that Guinea exported to Chile were Non-Knit Women's Coats ($113k), Rice ($63k), and Excavation Machinery ($6.02k). Over the past 5 years the exports of Guinea to Chile have increased at an annualized rate of 243%, from $384 in 2017 to $183k in 2022.

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

Chile-Guinea Trade: In 2022, Chile exported $1.43M to Guinea. The main products that Chile exported to Guinea were Non-fillet Frozen Fish ($468k), Other Construction Vehicles ($265k), and Excavation Machinery ($233k). Over the past 5 years the exports of Chile to Guinea have increased at an annualized rate of 61.5%,  from $130k in 2017 to $1.43M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $183k to Chile. The main products exported from Guinea to Chile were Non-Knit Women's Coats ($113k), Rice ($63k), and Excavation Machinery ($6.02k). During the last 5 years the exports of Guinea to Chile have increased at an annualized rate of 243%, from $384 in 2017 to $183k in 2022.

In 2017, Chile exported $1.43M to Guinea. The main products exported from Chile to Guinea were Non-fillet Frozen Fish ($468k), Other Construction Vehicles ($265k), and Excavation Machinery ($233k). During the last 5 years the exports of Chile to Guinea have increased at an annualized rate of 61.5%, from $130k in 2022 to $1.43M in 2017.

Exports from Guinea (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Guinea than Chile included United Arab Emirates ($2.59B), India ($2.77B), and Brunei ($36.8M).

In 2022, countries that imported more from Chile than Guinea included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

Difference in imports from Chile (Flag) and Guinea (Flag) (2022)

Comparative Advantage Guinea - Chile

Flow
Scale

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

During 2022, Guinea had a large net trade with Chile in the exports of Textiles ($113k), Vegetable Products ($63k), and Machines ($7.27k).

During 2017, Chile had a large net trade with Guinea in the exports of Animal Products ($681k), Machines ($651k), and Chemical Products ($43.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Chile+$20.9kExcavation Machinery
Top Product Potential Chile Guinea+$488kNon-fillet Frozen Fish

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

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

Product Space of Guinea (Flag) and Chile (Flag) (2022)

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