GDP$21.2BCURRENT US$Rnk 112 / 186 GDP GROWTH178%CURRENT US$Rnk 4 / 186
GDP$16.8BCURRENT US$Rnk 126 / 186 GDP GROWTH36.8%CURRENT US$Rnk 90 / 186 GDP PC $1,532CURRENT US$Rnk 157 / 186GDP PC GROWTH116%CURRENT US$Rnk 6 / 186GDP PC$4,947CURRENT US$Rnk 112 / 186GDP PC GROWTH12.4%CURRENT US$Rnk 107 / 186In N/A, Guinea did not export any services to Mongolia.
Mongolia-Guinea In false, Mongolia did not export any products to Guinea.
In N/A, Mongolia 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, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).
This map shows whether countries import more from Guinea or Mongolia. Each country is colored based on the difference in imports they receive from Guinea and Mongolia or the difference in the growth in imports.
In 2022, countries that imported more from Guinea than Mongolia included India ($2.77B), United Arab Emirates ($2.59B), and Spain ($211M).
In 2022, countries that imported more from Mongolia than Guinea included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).
) and Guinea () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Guinea and Mongolia. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Guinea.
) and Mongolia () (2018)
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