Flag Guinea / India Flag

2021
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Exports
: $3.41B, Rnk 1 / 104

2021
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Top Product
: $3.16B, Gold

2021
FlagFlag
Exports
: $596M, Rnk 79 / 214

2021
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Top Product
: $263M, Rice

2021
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Economic Complexity (ECI)
: ECI -1.84, Rnk 130 / 131

2021
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Economic Complexity (ECI)
: ECI 0.61, Rnk 41 / 131

2021
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GDP
: $15.9B, CURRENT US$
Rnk 122 / 182

2011-2021
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GDP GROWTH
: 134%, CURRENT US$
Rnk 7 / 182

2021
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 GDP
: $3.17T, CURRENT US$
Rnk 6 / 182

2011-2021
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GDP GROWTH
: 74.1%, CURRENT US$
Rnk 26 / 182

2021
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GDP PC 
: $1,174, CURRENT US$
Rnk 157 / 182

2011-2021
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GDP PC GROWTH
: 80.4%, CURRENT US$
Rnk 13 / 182

2021
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GDP PC
: $2,277, CURRENT US$
Rnk 137 / 182

2011-2021
Flag
GDP PC GROWTH
: 56.2%, CURRENT US$
Rnk 20 / 182

Guinea-India In 2021, Guinea exported $3.41B to India. The main products that Guinea exported to India are Gold ($3.16B), Aluminium Ore ($167M), and Coconuts, Brazil Nuts, and Cashews ($51.8M). During the last 26 years the exports of Guinea to India have increased at an annualized rate of 45%, from $217k in 1995 to $3.41B in 2021.

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

India-Guinea In 2021, India exported $596M to Guinea. The main products that India exported to Guinea were Rice ($263M), Motorcycles and cycles ($76.8M), and Packaged Medicaments ($42.3M). During the last 26 years the exports of India to Guinea have increased at an annualized rate of 14.9%, from $16.2M in 1995 to $596M in 2021.

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

Comparison In 2021,  Guinea ranked 130 in the Economic Complexity Index (ECI -1.84), and 98 in total exports ($9.49B). That same year, India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Guinea exported $3.41B to India. The main products exported from Guinea to India were Gold ($3.16B), Aluminium Ore ($167M), and Coconuts, Brazil Nuts, and Cashews ($51.8M). During the last 26 years the exports of Guinea to India have increased at an annualized rate of 45%, from $217k in 1995 to $3.41B in 2021.

In 2021, India exported $596M to Guinea. The main products exported from India to Guinea were Rice ($263M), Motorcycles and cycles ($76.8M), and Packaged Medicaments ($42.3M). During the last 26 years the exports of India to Guinea have increased at an annualized rate of 14.9%, from $16.2M in 1995 to $596M in 2021.

Market Competitiveness

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Color

Guinea
Top Destination
: India, $3.41B

India
Top Destination
: United States, $71.2B

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

In 2019, no countries were registered that imported more from Guinea than from India.

In 2021, countries that imported more from India than Guinea were United States ($71.2B), United Arab Emirates ($25.4B), and China ($23.1B).

Comparative Advantage Guinea - India

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Flow
Scale

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

During 2021, Guinea had a large net trade with India in the exports of Precious Metals ($3.16B), Mineral Products ($167M), and Vegetable Products ($51.8M).

During 2021, India had a large net trade with Guinea in the exports of Vegetable Products ($265M), Transportation ($94.5M), and Chemical Products ($61.4M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Guinea has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Guinea.