2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 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
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Guinea-Namibia Trade: In 2022, Guinea exported $246 to Namibia. The main products that Guinea exported to Namibia were Other Plastic Products ($246). Over the past 6 years the exports of Guinea to Namibia have decreased at an annualized rate of 51.2%, from $18.1k in 2016 to $246 in 2022.

In 2022, Guinea did not export any services to Namibia.

Namibia-Guinea Trade: In 2022, Namibia exported $117k to Guinea. The main products that Namibia exported to Guinea were Motor vehicles; parts and accessories (8701 to 8705) ($59.7k) and Electric Motors ($57.6k). Over the past 6 years the exports of Namibia to Guinea have decreased at an annualized rate of 24.8%,  from $1.53M in 2016 to $117k in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $246 to Namibia. The main products exported from Guinea to Namibia were Other Plastic Products ($246). During the last 6 years the exports of Guinea to Namibia have decreased at an annualized rate of 51.2%, from $18.1k in 2016 to $246 in 2022.

In 2017, Namibia exported $117k to Guinea. The main products exported from Namibia to Guinea were Motor vehicles; parts and accessories (8701 to 8705) ($59.7k) and Electric Motors ($57.6k). During the last 5 years the exports of Namibia to Guinea have decreased at an annualized rate of 24.8%, from $1.53M in 2022 to $117k in 2017.

Exports from Guinea (Flag) to Namibia (Flag) (2022)

Exports from Namibia (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and Namibia (Flag)

Namibia Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Namibia
Top Destination
South Africa$1.75B

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

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

In 2022, countries that imported more from Namibia than Guinea included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

Difference in imports from Namibia (Flag) and Guinea (Flag) (2022)

Comparative Advantage Guinea - Namibia

Flow
Scale

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

During 2022, Guinea had a large net trade with Namibia in the exports of Plastics and Rubbers ($246).

During 2017, Namibia had a large net trade with Guinea in the exports of Transportation ($59.7k) and Machines ($57.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Namibia+$1.54kRefined Petroleum
Top Product Potential Namibia Guinea+$29.6kMotor vehicles; parts and accessories (8701 to 8705)

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

Product Space of Guinea (Flag) and Namibia (Flag) (2022)

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