2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 96 / 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
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
Rnk 65 / 186

About

Guinea-Uruguay Trade: In 2020, Guinea exported $82 to Uruguay. The main products that Guinea exported to Uruguay were N/A. Over the past 25 years the exports of Guinea to Uruguay have decreased at an annualized rate of 21.8%, from $38k in 1995 to $82 in 2020.

In 2020, Guinea did not export any services to Uruguay.

Uruguay-Guinea Trade: In 2020, Uruguay exported $2.47M to Guinea. The main products that Uruguay exported to Guinea were Non-fillet Frozen Fish ($2.37M) and Concentrated Milk ($107k). Over the past 25 years the exports of Uruguay to Guinea have increased at an annualized rate of 45.2%,  from $181k in 1995 to $2.47M in 2020.

In 2020, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Guinea exported $82 to Uruguay. There were not main exports from Guinea to Uruguay in 2020. During the last 25 years the exports of Guinea to Uruguay have decreased at an annualized rate of 21.8%, from $38k in 1995 to $82 in 2020.

In 2017, Uruguay exported $2.47M to Guinea. The main products exported from Uruguay to Guinea were Non-fillet Frozen Fish ($2.37M) and Concentrated Milk ($107k). During the last 5 years the exports of Uruguay to Guinea have increased at an annualized rate of 45.2%, from $181k in 2022 to $2.47M in 2017.

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

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

Latest Data

Trade between Guinea (Flag) and Uruguay (Flag)

Uruguay Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Uruguay
Top Destination
China$2.89B

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

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

In 2022, countries that imported more from Uruguay than Guinea included Brazil ($1.69B), Argentina ($999M), and United States ($818M).

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

Comparative Advantage Guinea - Uruguay

Flow
Scale

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

During 2020, Guinea had a large net trade with Uruguay in the exports of .

During 2017, Uruguay had a large net trade with Guinea in the exports of Animal Products ($2.47M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Uruguay+$1.81kGold
Top Product Potential Uruguay Guinea+$119kConcentrated Milk

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

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

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