Guinea (GIN) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

About

Guinea-Ethiopia Trade: In 2021, Guinea exported $24.4k to Ethiopia. The main products that Guinea exported to Ethiopia were N/A. Over the past 6 years the exports of Guinea to Ethiopia have increased at an annualized rate of 10.3%, from $13.5k in 2015 to $24.4k in 2021.

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

Ethiopia-Guinea Trade: In 2021, Ethiopia exported $46.2k to Guinea. The main products that Ethiopia exported to Guinea were Air Pumps ($38.5k), Other Furniture ($1.96k), and Other Plastic Products ($1.41k). Over the past 6 years the exports of Ethiopia to Guinea have increased at an annualized rate of 27.9%, from $13.5k in 2015 to $46.2k in 2021.

In 2021, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Guinea exported $24.4k to Ethiopia. There were not main exports from Guinea to Ethiopia in 2021. During the last 6 years the exports of Guinea to Ethiopia have increased at an annualized rate of 10.3%, from $13.5k in 2015 to $24.4k in 2021.

In 2017, Ethiopia exported $46.2k to Guinea. The main products exported from Ethiopia to Guinea were Air Pumps ($38.5k), Other Furniture ($1.96k), and Other Plastic Products ($1.41k). During the last 5 years the exports of Ethiopia to Guinea have increased at an annualized rate of 27.9%, from $13.5k in 2022 to $46.2k in 2017.

Exports from Guinea () to Ethiopia () (2022)

Exports from Ethiopia () to Guinea () (2022)

Latest Data

Trade between Guinea () and Ethiopia ()

Ethiopia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Guinea included United States ($557M), Saudi Arabia ($268M), and Somalia ($265M).

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

Comparative Advantage Guinea - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, Ethiopia had a large net trade with Guinea in the exports of Machines ($39k), Miscellaneous ($2.98k), and Plastics and Rubbers ($1.44k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Ethiopia+$3.32kGold

Top Product Potential Ethiopia Guinea+$32.2kAir Pumps

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Ethiopia () (2022)

Exports from Ethiopia () to Guinea () (2022)

Latest Data

Trade between Guinea () and Ethiopia ()

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Guinea - Ethiopia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring