2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 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
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Guinea-Hong Kong Trade: In 2022, Guinea exported $3.35M to Hong Kong. The main products that Guinea exported to Hong Kong were Fish: dried, salted, smoked or in brine ($1.49M), Scrap Copper ($130k), and Telephones ($82.8k). Over the past 5 years the exports of Guinea to Hong Kong have decreased at an annualized rate of 12.2%, from $6.43M in 2017 to $3.35M in 2022.

In 2022, Guinea did not export any services to Hong Kong.

Hong Kong-Guinea Trade: In 2022, Hong Kong exported $15.8M to Guinea. The main products that Hong Kong exported to Guinea were Broadcasting Equipment ($30.3M), Telephones ($600k), and Bedspreads ($340k). Over the past 5 years the exports of Hong Kong to Guinea have decreased at an annualized rate of 14.4%,  from $34.5M in 2017 to $15.8M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $3.35M to Hong Kong. The main products exported from Guinea to Hong Kong were Fish: dried, salted, smoked or in brine ($1.49M), Scrap Copper ($130k), and Telephones ($82.8k). During the last 5 years the exports of Guinea to Hong Kong have decreased at an annualized rate of 12.2%, from $6.43M in 2017 to $3.35M in 2022.

In 2017, Hong Kong exported $15.8M to Guinea. The main products exported from Hong Kong to Guinea were Broadcasting Equipment ($30.3M), Telephones ($600k), and Bedspreads ($340k). During the last 22 years the exports of Hong Kong to Guinea have decreased at an annualized rate of 14.4%, from $34.5M in 1995 to $15.8M in 2017.

Exports from Guinea (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Guinea than Hong Kong included Brunei ($36.8M), Ukraine ($24.2M), and Cape Verde ($1.55M).

In 2022, countries that imported more from Hong Kong than Guinea included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Guinea (Flag) (2022)

Comparative Advantage Guinea - Hong Kong

Flow
Scale

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

During 2022, Guinea had a large net trade with Hong Kong in the exports of Animal Products ($1.53M), Metals ($130k), and Machines ($85.7k).

During 2017, Hong Kong had a large net trade with Guinea in the exports of Machines ($31.3M), Textiles ($342k), and Instruments ($94.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Hong Kong+$240kScrap Copper
Top Product Potential Hong Kong Guinea+$1.14MTelephones

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

Product Space of Guinea (Flag) and Hong Kong (Flag) (2022)

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