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2023
Flag → Flag
Exports $70.4MRnk 8 / 109
2023
Flag → Flag
Top Product $70.4MCocoa Beans
2023
Flag → Flag
Exports $125MRnk 94 / 213
2023
Flag → Flag
Top Product $89.9MPalm Oil
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag  
GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC $1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195

About

Guinea-Indonesia Trade: In 2023, Guinea exported $70.4M to Indonesia. The main products that Guinea exported to Indonesia were Cocoa Beans ($70.4M), Other Rubber Products ($7.44k), and Excavation Machinery ($6.05k). Over the past 5 years the exports of Guinea to Indonesia have increased at an annualized rate of 116%, from $1.52M in 2018 to $70.4M in 2023.

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

Indonesia-Guinea Trade: In 2023, Indonesia exported $125M to Guinea. The main products that Indonesia exported to Guinea were Palm Oil ($89.9M), Motorcycles and cycles ($20.5M), and Stone Processing Machines ($2.54M). Over the past 5 years the exports of Indonesia to Guinea have increased at an annualized rate of 20.6%,  from $49.1M in 2018 to $125M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $70.4M to Indonesia. The main products exported from Guinea to Indonesia were Cocoa Beans ($70.4M), Other Rubber Products ($7.44k), and Excavation Machinery ($6.05k). During the last 5 years the exports of Guinea to Indonesia have increased at an annualized rate of 116%, from $1.52M in 2018 to $70.4M in 2023.

In 2018, Indonesia exported $125M to Guinea. The main products exported from Indonesia to Guinea were Palm Oil ($89.9M), Motorcycles and cycles ($20.5M), and Stone Processing Machines ($2.54M). During the last 5 years the exports of Indonesia to Guinea have increased at an annualized rate of 20.6%, from $49.1M in 2023 to $125M in 2018.

Exports from Guinea (Flag) to Indonesia (Flag) (2023)

Exports from Indonesia (Flag) to Guinea (Flag) (2023)

Latest Data

Trade between Guinea (Flag) and Indonesia (Flag)

Indonesia Exports

Market Competitiveness

Color
Guinea
Top DestinationUnited Arab Emirates$9.05B
Indonesia
Top DestinationChina$70.7B

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

In 2023, countries that imported more from Guinea than Indonesia included United Arab Emirates ($9.05B).

In 2023, countries that imported more from Indonesia than Guinea included China ($70.7B), United States ($27.9B), and Japan ($23.7B).

Difference in imports from Indonesia (Flag) and Guinea (Flag) (2023)

Comparative Advantage Guinea - Indonesia

Flow
Scale

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

During 2023, Guinea had a large net trade with Indonesia in the exports of Foodstuffs ($70.4M), Machines ($13.6k), and Plastics and Rubbers ($7.44k).

During 2018, Indonesia had a large net trade with Guinea in the exports of Animal and Vegetable Bi-Products ($90.4M), Transportation ($20.8M), and Chemical Products ($4.26M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Indonesia+$11kGold
Top Product Potential Indonesia Guinea+$1.64MPalm Oil

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

Product Space of Guinea (Flag) and Indonesia (Flag) (2023)

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