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Pricing

2022
Flag → Flag
Exports $5.54kRnk 75 / 105
2022
Flag → Flag
Top Product $5.34kBall Bearings
2022
Flag → Flag
Exports $701kRnk 143 / 205
2022
Flag → Flag
Top Product $431kAluminium Structures
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Guinea-Philippines Trade: In 2022, Guinea exported $5.54k to Philippines. The main products that Guinea exported to Philippines were Ball Bearings ($5.34k) and Rubber Pipes ($197). Over the past 5 years the exports of Guinea to Philippines have increased at an annualized rate of 1.22%, from $5.22k in 2017 to $5.54k in 2022.

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

Philippines-Guinea Trade: In 2022, Philippines exported $701k to Guinea. The main products that Philippines exported to Guinea were Aluminium Structures ($431k), Other Plastic Products ($243k), and Office Machine Parts ($25.9k). Over the past 5 years the exports of Philippines to Guinea have increased at an annualized rate of 1.92%,  from $638k in 2017 to $701k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $5.54k to Philippines. The main products exported from Guinea to Philippines were Ball Bearings ($5.34k) and Rubber Pipes ($197). During the last 5 years the exports of Guinea to Philippines have increased at an annualized rate of 1.22%, from $5.22k in 2017 to $5.54k in 2022.

In 2017, Philippines exported $701k to Guinea. The main products exported from Philippines to Guinea were Aluminium Structures ($431k), Other Plastic Products ($243k), and Office Machine Parts ($25.9k). During the last 5 years the exports of Philippines to Guinea have increased at an annualized rate of 1.92%, from $638k in 2022 to $701k in 2017.

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

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

Latest Data

Trade between Guinea (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Guinea
Top DestinationChina$3.81B
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Guinea than Philippines included India ($2.77B), United Arab Emirates ($2.59B), and Senegal ($11.6M).

In 2022, countries that imported more from Philippines than Guinea included United States ($15.5B), Hong Kong ($12.6B), and China ($15.3B).

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

Comparative Advantage Guinea - Philippines

Flow
Scale

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

During 2022, Guinea had a large net trade with Philippines in the exports of Machines ($5.34k) and Plastics and Rubbers ($197).

During 2017, Philippines had a large net trade with Guinea in the exports of Metals ($431k), Plastics and Rubbers ($243k), and Machines ($27.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Philippines+$5kGold
Top Product Potential Philippines Guinea+$2.88kInsulated Wire

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

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

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