2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 62 / 195
2023
Flag
GDP PC 
$1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC
$22,057CURRENT US$
Rnk 59 / 196
2013-2023
Flag
GDP PC GROWTH
61.9%CURRENT US$
Rnk 28 / 195

About

Guinea-Poland Trade: In 2023, Guinea exported $4.09M to Poland. The main products that Guinea exported to Poland were Rubber ($3.83M), Coconuts, Brazil Nuts, and Cashews ($168k), and Rough Wood ($81.6k). Over the past 5 years the exports of Guinea to Poland have decreased at an annualized rate of 0.68%, from $4.23M in 2018 to $4.09M in 2023.

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

Poland-Guinea Trade: In 2023, Poland exported $59.1M to Guinea. The main products that Poland exported to Guinea were Rolled Tobacco ($26.3M), Poultry Meat ($9.88M), and Used Clothing ($9.22M). Over the past 5 years the exports of Poland to Guinea have increased at an annualized rate of 8.6%,  from $39.1M in 2018 to $59.1M in 2023.

In 2023, Poland 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, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $4.09M to Poland. The main products exported from Guinea to Poland were Rubber ($3.83M), Coconuts, Brazil Nuts, and Cashews ($168k), and Rough Wood ($81.6k). During the last 5 years the exports of Guinea to Poland have decreased at an annualized rate of 0.68%, from $4.23M in 2018 to $4.09M in 2023.

In 2018, Poland exported $59.1M to Guinea. The main products exported from Poland to Guinea were Rolled Tobacco ($26.3M), Poultry Meat ($9.88M), and Used Clothing ($9.22M). During the last 5 years the exports of Poland to Guinea have increased at an annualized rate of 8.6%, from $39.1M in 2023 to $59.1M in 2018.

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

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

Latest Data

Trade between Guinea (Flag) and Poland (Flag)

Poland Exports

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
Poland
Top Destination
Germany$84B

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

In 2023, countries that imported more from Guinea than Poland included United Arab Emirates ($9.05B), China ($6.41B), and Macau ($11.7M).

In 2023, countries that imported more from Poland than Guinea included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

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

Comparative Advantage Guinea - Poland

Flow
Scale

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

During 2023, Guinea had a large net trade with Poland in the exports of Plastics and Rubbers ($3.83M), Vegetable Products ($169k), and Wood Products ($81.6k).

During 2018, Poland had a large net trade with Guinea in the exports of Foodstuffs ($27.5M), Animal Products ($10.8M), and Textiles ($9.26M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Poland+$66.8kRough Wood
Top Product Potential Poland Guinea+$1.54MIron Structures

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

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

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