2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Hong Kong-Guinea Trade: In 2022, Hong Kong exported $31.9M to Guinea. The main products that Hong Kong exported to Guinea were Broadcasting Equipment ($30.3M), Telephones ($600k), and Bedspreads ($340k). Over the past 5 years the exports of Hong Kong to Guinea have increased at an annualized rate of 15%, from $15.8M in 2017 to $31.9M in 2022.

In 2022, Hong Kong did not export any services to Guinea.

Guinea-Hong Kong Trade: In 2022, Guinea exported $1.76M to Hong Kong. The main products that Guinea exported to Hong Kong were Fish: dried, salted, smoked or in brine ($1.49M), Scrap Copper ($130k), and Telephones ($82.8k). Over the past 5 years the exports of Guinea to Hong Kong have decreased at an annualized rate of 12.1%,  from $3.35M in 2017 to $1.76M in 2022.

In 2022, Guinea did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $31.9M to Guinea. The main products exported from Hong Kong to Guinea were Broadcasting Equipment ($30.3M), Telephones ($600k), and Bedspreads ($340k). During the last 5 years the exports of Hong Kong to Guinea have increased at an annualized rate of 15%, from $15.8M in 2017 to $31.9M in 2022.

In 2017, Guinea exported $1.76M to Hong Kong. The main products exported from Guinea to Hong Kong were Fish: dried, salted, smoked or in brine ($1.49M), Scrap Copper ($130k), and Telephones ($82.8k). During the last 5 years the exports of Guinea to Hong Kong have decreased at an annualized rate of 12.1%, from $3.35M in 2022 to $1.76M in 2017.

Exports from Hong Kong (Flag) to Guinea (Flag) (2022)

Exports from Guinea (Flag) to Hong Kong (Flag) (2022)

Latest Data

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

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Guinea
Top Destination
China$3.81B

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 2022, countries that imported more from Hong Kong than Guinea included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Guinea than Hong Kong included Brunei ($36.8M), Ukraine ($24.2M), and Cape Verde ($1.55M).

Difference in imports from Guinea (Flag) and Hong Kong (Flag) (2022)

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 2022, Hong Kong had a large net trade with Guinea in the exports of Machines ($31.3M), Textiles ($342k), and Instruments ($94.9k).

During 2017, Guinea had a large net trade with Hong Kong in the exports of Animal Products ($1.53M), Metals ($130k), and Machines ($85.7k).

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) (2022)

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