2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 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
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 186

About

Guinea-Tanzania Trade: In 2022, Guinea exported $1.44k to Tanzania. The main products that Guinea exported to Tanzania were Transmissions ($1.41k) and Other Knit Garments ($25). Over the past 5 years the exports of Guinea to Tanzania have decreased at an annualized rate of 13%, from $2.88k in 2017 to $1.44k in 2022.

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

Tanzania-Guinea Trade: In 2022, Tanzania exported $852k to Guinea. The main products that Tanzania exported to Guinea were Beauty Products ($362k), Petroleum Jelly ($184k), and Jute and Other Textile Fibers ($162k). Over the past 5 years the exports of Tanzania to Guinea have increased at an annualized rate of 25.9%,  from $269k in 2017 to $852k in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $1.44k to Tanzania. The main products exported from Guinea to Tanzania were Transmissions ($1.41k) and Other Knit Garments ($25). During the last 5 years the exports of Guinea to Tanzania have decreased at an annualized rate of 13%, from $2.88k in 2017 to $1.44k in 2022.

In 2017, Tanzania exported $852k to Guinea. The main products exported from Tanzania to Guinea were Beauty Products ($362k), Petroleum Jelly ($184k), and Jute and Other Textile Fibers ($162k). During the last 5 years the exports of Tanzania to Guinea have increased at an annualized rate of 25.9%, from $269k in 2022 to $852k in 2017.

Exports from Guinea (Flag) to Tanzania (Flag) (2022)

Exports from Tanzania (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and Tanzania (Flag)

Tanzania Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Tanzania
Top Destination
India$2.73B

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

In 2022, countries that imported more from Guinea than Tanzania included China ($3.81B), United Arab Emirates ($2.59B), and Spain ($211M).

In 2022, countries that imported more from Tanzania than Guinea included South Africa ($939M), Kenya ($482M), and Rwanda ($474M).

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

Comparative Advantage Guinea - Tanzania

Flow
Scale

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

During 2022, Guinea had a large net trade with Tanzania in the exports of Machines ($1.41k) and Textiles ($25).

During 2017, Tanzania had a large net trade with Guinea in the exports of Chemical Products ($362k), Textiles ($273k), and Mineral Products ($218k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Tanzania+$2.69kTransmissions
Top Product Potential Tanzania Guinea+$78.2kCement

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

Product Space of Guinea (Flag) and Tanzania (Flag) (2022)

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