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2023
Flag → Flag
Exports $205kRnk 47 / 109
2023
Flag → Flag
Top Product $185kPackaged Medicaments
2023
Flag → Flag
Exports $1.55MRnk 158 / 206
2023
Flag → Flag
Top Product $746kNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
Flag  
GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH32.1%CURRENT US$
Rnk 110 / 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$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195

About

Guinea-New Zealand Trade: In 2023, Guinea exported $205k to New Zealand. The main products that Guinea exported to New Zealand were Packaged Medicaments ($185k), Pulley Systems ($5.89k), and Audio Alarms ($4.26k). Over the past 5 years the exports of Guinea to New Zealand have increased at an annualized rate of 37%, from $42.5k in 2018 to $205k in 2023.

In 2023, Guinea did not export any services to New Zealand.

New Zealand-Guinea Trade: In 2023, New Zealand exported $1.55M to Guinea. The main products that New Zealand exported to Guinea were Non-fillet Frozen Fish ($746k), Aircraft parts (gliders, balloons, and powered aircraft) ($380k), and Stone Processing Machines ($211k). Over the past 5 years the exports of New Zealand to Guinea have increased at an annualized rate of 13.4%,  from $827k in 2018 to $1.55M in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $205k to New Zealand. The main products exported from Guinea to New Zealand were Packaged Medicaments ($185k), Pulley Systems ($5.89k), and Audio Alarms ($4.26k). During the last 5 years the exports of Guinea to New Zealand have increased at an annualized rate of 37%, from $42.5k in 2018 to $205k in 2023.

In 2018, New Zealand exported $1.55M to Guinea. The main products exported from New Zealand to Guinea were Non-fillet Frozen Fish ($746k), Aircraft parts (gliders, balloons, and powered aircraft) ($380k), and Stone Processing Machines ($211k). During the last 5 years the exports of New Zealand to Guinea have increased at an annualized rate of 13.4%, from $827k in 2023 to $1.55M in 2018.

Exports from Guinea (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Guinea (Flag) (2023)

Latest Data

Trade between Guinea (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Guinea
Top DestinationUnited Arab Emirates$9.05B
New Zealand
Top DestinationChina$12.3B

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

In 2023, countries that imported more from Guinea than New Zealand included United Arab Emirates ($9.05B), India ($1.45B), and Switzerland ($241M).

In 2023, countries that imported more from New Zealand than Guinea included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Guinea (Flag) (2023)

Comparative Advantage Guinea - New Zealand

Flow
Scale

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

During 2023, Guinea had a large net trade with New Zealand in the exports of Chemical Products ($186k), Machines ($11.3k), and Instruments ($4.2k).

During 2018, New Zealand had a large net trade with Guinea in the exports of Animal Products ($746k), Transportation ($380k), and Machines ($271k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea New Zealand+$5.03kLaboratory Reagents
Top Product Potential New Zealand Guinea+$132kNon-fillet Frozen Fish

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

Product Space of Guinea (Flag) and New Zealand (Flag) (2023)

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