Guinea (GIN) and Germany (DEU) Trade | The Observatory of Economic Complexity

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Guinea-Germany Trade: In 2023, Guinea exported $66.5M to Germany. The main products that Guinea exported to Germany were Aluminium Ore ($59.5M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($4.35M), and Coffee ($845k). Over the past 5 years the exports of Guinea to Germany have decreased at an annualized rate of 10.4%, from $115M in 2018 to $66.5M in 2023.

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

Germany-Guinea Trade: In 2023, Germany exported $205M to Guinea. The main products that Germany exported to Guinea were Wheat ($118M), Other Construction Vehicles ($21.8M), and Machinery Having Individual Functions ($6.04M). Over the past 5 years the exports of Germany to Guinea have increased at an annualized rate of 9.98%, from $128M in 2018 to $205M in 2023.

In 2023, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guinea exported $66.5M to Germany. The main products exported from Guinea to Germany were Aluminium Ore ($59.5M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($4.35M), and Coffee ($845k). During the last 5 years the exports of Guinea to Germany have decreased at an annualized rate of 10.4%, from $115M in 2018 to $66.5M in 2023.

In 2018, Germany exported $205M to Guinea. The main products exported from Germany to Guinea were Wheat ($118M), Other Construction Vehicles ($21.8M), and Machinery Having Individual Functions ($6.04M). During the last 5 years the exports of Germany to Guinea have increased at an annualized rate of 9.98%, from $128M in 2023 to $205M in 2018.

Exports from Guinea () to Germany () (2023)

Exports from Germany () to Guinea () (2023)

Latest Data

Trade between Guinea () and Germany ()

Germany Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationUnited Arab Emirates$9.05B

Germany
Top DestinationUnited States$157B

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

In 2023, no countries were registered that imported more from Guinea than from Germany.

In 2023, countries that imported more from Germany than Guinea included United States ($157B), France ($118B), and Netherlands ($108B).

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

Comparative Advantage Guinea - Germany

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Guinea had a large net trade with Germany in the exports of Mineral Products ($59.8M), Chemical Products ($4.35M), and Vegetable Products ($878k).

During 2018, Germany had a large net trade with Guinea in the exports of Vegetable Products ($118M), Machines ($48.1M), and Chemical Products ($8.55M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Germany+$2.83MRubber

Top Product Potential Germany Guinea+$7.21MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Germany () (2023)

Exports from Germany () to Guinea () (2023)

Latest Data

Trade between Guinea () and Germany ()

Germany Exports

Market Competitiveness

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

Comparative Advantage Guinea - Germany

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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