Guinea (GIN) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Guinea-Saudi Arabia Trade: In 2021, Guinea exported $126k to Saudi Arabia. The main products that Guinea exported to Saudi Arabia were N/A. Over the past 8 years the exports of Guinea to Saudi Arabia have increased at an annualized rate of 2.98%, from $99.4k in 2013 to $126k in 2021.

In 2021, Guinea did not export any services to Saudi Arabia.

Saudi Arabia-Guinea Trade: In 2021, Saudi Arabia exported $40M to Guinea. The main products that Saudi Arabia exported to Guinea were N/A. Over the past 8 years the exports of Saudi Arabia to Guinea have decreased at an annualized rate of 2.4%, from $46.2M in 2013 to $40M in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Guinea exported $126k to Saudi Arabia. There were not main exports from Guinea to Saudi Arabia in 2021. During the last 8 years the exports of Guinea to Saudi Arabia have increased at an annualized rate of 2.98%, from $99.4k in 2013 to $126k in 2021.

In 2016, Saudi Arabia exported $40M to Guinea. There were not main exports from Saudi Arabia to Guinea in 2016. During the last 5 years the exports of Saudi Arabia to Guinea have decreased at an annualized rate of 2.4%, from $46.2M in 2021 to $40M in 2016.

Exports from Guinea () to Saudi Arabia () (2021)

Exports from Saudi Arabia () to Guinea () (2021)

Latest Data

Trade between Guinea () and Saudi Arabia ()

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Guinea than Saudi Arabia included Ireland ($90.5M), Cape Verde ($1.55M), and Israel ($8.92k).

In 2022, countries that imported more from Saudi Arabia than Guinea included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia () and Guinea () (2022)

Comparative Advantage Guinea - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Guinea had a large net trade with Saudi Arabia in the exports of .

During 2016, Saudi Arabia had a large net trade with Guinea in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Saudi Arabia+$8.79kGold

Top Product Potential Saudi Arabia Guinea+$6.06kRefined Petroleum

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Guinea () to Saudi Arabia () (2021)

Exports from Saudi Arabia () to Guinea () (2021)

Latest Data

Trade between Guinea () and Saudi Arabia ()

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Saudi Arabia () and Guinea () (2022)

Comparative Advantage Guinea - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Saudi Arabia () (2021)

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