Guinea (GIN) and South Africa (ZAF) Trade | The Observatory of Economic Complexity

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Guinea-South Africa Trade: In 2022, Guinea exported $2.33M to South Africa. The main products that Guinea exported to South Africa were Scrap Copper ($1.13M), Electric Generating Sets ($621k), and Veneer Sheets ($286k). Over the past 5 years the exports of Guinea to South Africa have decreased at an annualized rate of 33.6%, from $18.1M in 2017 to $2.33M in 2022.

In 2022, Guinea did not export any services to South Africa.

South Africa-Guinea Trade: In 2022, South Africa exported $61.1M to Guinea. The main products that South Africa exported to Guinea were Stone Processing Machines ($6.57M), Electrical Transformers ($3.53M), and Excavation Machinery ($3.51M). Over the past 5 years the exports of South Africa to Guinea have increased at an annualized rate of 2.17%, from $54.9M in 2017 to $61.1M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $2.33M to South Africa. The main products exported from Guinea to South Africa were Scrap Copper ($1.13M), Electric Generating Sets ($621k), and Veneer Sheets ($286k). During the last 5 years the exports of Guinea to South Africa have decreased at an annualized rate of 33.6%, from $18.1M in 2017 to $2.33M in 2022.

In 2017, South Africa exported $61.1M to Guinea. The main products exported from South Africa to Guinea were Stone Processing Machines ($6.57M), Electrical Transformers ($3.53M), and Excavation Machinery ($3.51M). During the last 5 years the exports of South Africa to Guinea have increased at an annualized rate of 2.17%, from $54.9M in 2022 to $61.1M in 2017.

Exports from Guinea () to South Africa () (2022)

Exports from South Africa () to Guinea () (2022)

Latest Data

Trade between Guinea () and South Africa ()

South Africa Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

South Africa
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Guinea than South Africa included Brunei ($36.8M).

In 2022, countries that imported more from South Africa than Guinea included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa () and Guinea () (2022)

Comparative Advantage Guinea - South Africa

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with South Africa in the exports of Metals ($1.13M), Machines ($751k), and Wood Products ($287k).

During 2017, South Africa had a large net trade with Guinea in the exports of Machines ($29.5M), Plastics and Rubbers ($6.03M), and Metals ($5.75M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea South Africa+$433kScrap Copper

Top Product Potential South Africa Guinea+$1.37MRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to South Africa () (2022)

Exports from South Africa () to Guinea () (2022)

Latest Data

Trade between Guinea () and South Africa ()

South Africa Exports

Market Competitiveness

Difference in imports from South Africa () and Guinea () (2022)

Comparative Advantage Guinea - South Africa

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and South Africa () (2022)

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