2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

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 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2),  and 101 in total exports ($10.4B). That same year, Somalia ranked 167 in total exports ($569M), 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
China$3.81B
Somalia
Top Destination
United Arab Emirates$283M

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 2022, countries that imported more from Guinea than Somalia included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

In 2022, countries that imported more from Somalia than Guinea included Oman ($173M), Bulgaria ($18.5M), and Kuwait ($13.5M).

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

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with