2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 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
$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195

About

In N/A, Guinea did not export any services to Somalia.

Somalia-Guinea In N/A, Somalia did not export any products to Guinea.

In N/A, Somalia 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, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Guinea does not register exports to Somalia.

Somalia does not register exports to Guinea.

Exports from Guinea (Flag) to Somalia (Flag) (2016)

Exports from Somalia (Flag) to Guinea (Flag) (2016)

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
Somalia
Top Destination
United Arab Emirates$360M

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

In 2023, countries that imported more from Guinea than Somalia included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

In 2023, countries that imported more from Somalia than Guinea included Saudi Arabia ($283M), Oman ($180M), and Djibouti ($84.2M).

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

Comparative Advantage Guinea - Somalia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Somalia+$1.14kPalm Oil
Top Product Potential Somalia Guinea+$1.22kGold

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

Product Space of Guinea (Flag) and Somalia (Flag) (2016)

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