Guinea (GIN) and Slovakia (SVK) Trade | The Observatory of Economic Complexity

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Guinea-Slovakia Trade: In 2022, Guinea exported $3.21k to Slovakia. The main products that Guinea exported to Slovakia were Other Plastic Products ($2.63k), Low-voltage Protection Equipment ($273), and Knives ($243). Over the past 5 years the exports of Guinea to Slovakia have increased at an annualized rate of 20.4%, from $1.27k in 2017 to $3.21k in 2022.

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

Slovakia-Guinea Trade: In 2022, Slovakia exported $1.52M to Guinea. The main products that Slovakia exported to Guinea were Electrical Transformers ($891k), Poultry Meat ($306k), and Gas Turbines ($133k). Over the past 5 years the exports of Slovakia to Guinea have increased at an annualized rate of 90.3%, from $60.8k in 2017 to $1.52M in 2022.

In 2022, Slovakia 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $3.21k to Slovakia. The main products exported from Guinea to Slovakia were Other Plastic Products ($2.63k), Low-voltage Protection Equipment ($273), and Knives ($243). During the last 5 years the exports of Guinea to Slovakia have increased at an annualized rate of 20.4%, from $1.27k in 2017 to $3.21k in 2022.

In 2017, Slovakia exported $1.52M to Guinea. The main products exported from Slovakia to Guinea were Electrical Transformers ($891k), Poultry Meat ($306k), and Gas Turbines ($133k). During the last 5 years the exports of Slovakia to Guinea have increased at an annualized rate of 90.3%, from $60.8k in 2022 to $1.52M in 2017.

Exports from Guinea () to Slovakia () (2022)

Exports from Slovakia () to Guinea () (2022)

Latest Data

Trade between Guinea () and Slovakia ()

Slovakia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Slovakia
Top DestinationGermany$22.2B

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

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

In 2022, countries that imported more from Slovakia than Guinea included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

Difference in imports from Slovakia () and Guinea () (2022)

Comparative Advantage Guinea - Slovakia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Slovakia in the exports of Plastics and Rubbers ($2.64k), Metals ($298), and Machines ($273).

During 2017, Slovakia had a large net trade with Guinea in the exports of Machines ($1.13M), Animal Products ($306k), and Instruments ($41.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Slovakia+$6.47kOther Plastic Products

Top Product Potential Slovakia Guinea+$322kElectrical Transformers

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

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Historical Data

Bilateral Trade by Products

Exports from Guinea () to Slovakia () (2022)

Exports from Slovakia () to Guinea () (2022)

Latest Data

Trade between Guinea () and Slovakia ()

Slovakia Exports

Market Competitiveness

Difference in imports from Slovakia () and Guinea () (2022)

Comparative Advantage Guinea - Slovakia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Slovakia () (2022)

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