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Pricing

2023
Flag → Flag
Exports $46.4MRnk 83 / 198
2023
Flag → Flag
Top Product $44.5MBroadcasting Equipment
2023
Flag → Flag
Exports $1.43MRnk 33 / 109
2023
Flag → Flag
Top Product $1.34MDried/Salted/Smoked/Brined Fish
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
 GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC $50,532CURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

Hong Kong-Guinea Trade: In 2023, Hong Kong exported $46.4M to Guinea. The main products that Hong Kong exported to Guinea were Broadcasting Equipment ($44.5M), Telephones ($533k), and Medical Instruments ($280k). Over the past 5 years the exports of Hong Kong to Guinea have increased at an annualized rate of 13.4%, from $24.8M in 2018 to $46.4M in 2023.

In 2023, Hong Kong did not export any services to Guinea.

Guinea-Hong Kong Trade: In 2023, Guinea exported $1.43M to Hong Kong. The main products that Guinea exported to Hong Kong were Dried/Salted/Smoked/Brined Fish ($1.34M), Office Machine Parts ($67.4k), and Diamonds ($25.2k). Over the past 5 years the exports of Guinea to Hong Kong have decreased at an annualized rate of 15.3%,  from $3.29M in 2018 to $1.43M in 2023.

In 2023, Guinea did not export any services to Hong Kong.

Comparison: In 2023,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Hong Kong exported $46.4M to Guinea. The main products exported from Hong Kong to Guinea were Broadcasting Equipment ($44.5M), Telephones ($533k), and Medical Instruments ($280k). During the last 5 years the exports of Hong Kong to Guinea have increased at an annualized rate of 13.4%, from $24.8M in 2018 to $46.4M in 2023.

In 2018, Guinea exported $1.43M to Hong Kong. The main products exported from Guinea to Hong Kong were Dried/Salted/Smoked/Brined Fish ($1.34M), Office Machine Parts ($67.4k), and Diamonds ($25.2k). During the last 5 years the exports of Guinea to Hong Kong have decreased at an annualized rate of 15.3%, from $3.29M in 2023 to $1.43M in 2018.

Exports from Hong Kong (Flag) to Guinea (Flag) (2023)

Exports from Guinea (Flag) to Hong Kong (Flag) (2023)

Latest Data

Trade between Hong Kong (Flag) and Guinea (Flag)

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$25.3B
Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Hong Kong than Guinea included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Guinea than Hong Kong included United Arab Emirates ($9.05B), Ireland ($99M), and Liberia ($10.4M).

Difference in imports from Guinea (Flag) and Hong Kong (Flag) (2023)

Comparative Advantage Hong Kong - Guinea

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Guinea in the exports of Machines ($45.7M), Instruments ($481k), and Plastics and Rubbers ($142k).

During 2018, Guinea had a large net trade with Hong Kong in the exports of Animal Products ($1.34M), Machines ($70.1k), and Precious Metals ($25.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Guinea+$1.14MTelephones
Top Product Potential Guinea Hong Kong+$240kScrap Copper

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

Product Space of Hong Kong (Flag) and Guinea (Flag) (2023)

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