NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $108MRnk 6 / 109
2023
Flag → Flag
Top Product $107MCocoa Beans
2023
Flag → Flag
Exports $450MRnk 74 / 224
2023
Flag → Flag
Top Product $338MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 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$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Guinea-Netherlands Trade: In 2023, Guinea exported $108M to Netherlands. The main products that Guinea exported to Netherlands were Cocoa Beans ($107M), Palm Oil ($832k), and Machinery Having Individual Functions ($87.5k). Over the past 5 years the exports of Guinea to Netherlands have increased at an annualized rate of 60.8%, from $10M in 2018 to $108M in 2023.

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

Netherlands-Guinea Trade: In 2023, Netherlands exported $450M to Guinea. The main products that Netherlands exported to Guinea were Refined Petroleum ($338M), Onions ($41.2M), and Malt Extract ($18.8M). Over the past 5 years the exports of Netherlands to Guinea have increased at an annualized rate of 5.23%,  from $331M in 2018 to $450M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $108M to Netherlands. The main products exported from Guinea to Netherlands were Cocoa Beans ($107M), Palm Oil ($832k), and Machinery Having Individual Functions ($87.5k). During the last 5 years the exports of Guinea to Netherlands have increased at an annualized rate of 60.8%, from $10M in 2018 to $108M in 2023.

In 2018, Netherlands exported $450M to Guinea. The main products exported from Netherlands to Guinea were Refined Petroleum ($338M), Onions ($41.2M), and Malt Extract ($18.8M). During the last 5 years the exports of Netherlands to Guinea have increased at an annualized rate of 5.23%, from $331M in 2023 to $450M in 2018.

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

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

Latest Data

Trade between Guinea (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Guinea
Top DestinationUnited Arab Emirates$9.05B
Netherlands
Top DestinationGermany$96.9B

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

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

In 2023, countries that imported more from Netherlands than Guinea included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Guinea - Netherlands

Flow
Scale

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

During 2023, Guinea had a large net trade with Netherlands in the exports of Foodstuffs ($107M), Animal and Vegetable Bi-Products ($832k), and Machines ($174k).

During 2018, Netherlands had a large net trade with Guinea in the exports of Mineral Products ($342M), Vegetable Products ($42.8M), and Foodstuffs ($31.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Netherlands+$536kPalm Oil
Top Product Potential Netherlands Guinea+$1.78MPackaged Medicaments

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Guinea and Netherlands. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Guinea.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms