Indonesia (IDN) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Indonesia-Guinea Trade: In 2023, Indonesia exported $125M to Guinea. The main products that Indonesia exported to Guinea were Palm Oil ($89.9M), Motorcycles and cycles ($20.5M), and Stone Processing Machines ($2.54M). Over the past 5 years the exports of Indonesia to Guinea have increased at an annualized rate of 20.6%, from $49.1M in 2018 to $125M in 2023.

In 2023, Indonesia did not export any services to Guinea.

Guinea-Indonesia Trade: In 2023, Guinea exported $70.4M to Indonesia. The main products that Guinea exported to Indonesia were Cocoa Beans ($70.4M), Other Rubber Products ($7.44k), and Excavation Machinery ($6.05k). Over the past 5 years the exports of Guinea to Indonesia have increased at an annualized rate of 116%, from $1.52M in 2018 to $70.4M in 2023.

In 2023, Guinea did not export any services to Indonesia.

Comparison: In 2023, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Indonesia exported $125M to Guinea. The main products exported from Indonesia to Guinea were Palm Oil ($89.9M), Motorcycles and cycles ($20.5M), and Stone Processing Machines ($2.54M). During the last 5 years the exports of Indonesia to Guinea have increased at an annualized rate of 20.6%, from $49.1M in 2018 to $125M in 2023.

In 2018, Guinea exported $70.4M to Indonesia. The main products exported from Guinea to Indonesia were Cocoa Beans ($70.4M), Other Rubber Products ($7.44k), and Excavation Machinery ($6.05k). During the last 5 years the exports of Guinea to Indonesia have increased at an annualized rate of 116%, from $1.52M in 2023 to $70.4M in 2018.

Exports from Indonesia () to Guinea () (2023)

Exports from Guinea () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Guinea ()

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$70.7B

Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Indonesia than Guinea included China ($70.7B), United States ($27.9B), and Japan ($23.7B).

In 2023, countries that imported more from Guinea than Indonesia included United Arab Emirates ($9.05B).

Difference in imports from Guinea () and Indonesia () (2023)

Comparative Advantage Indonesia - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Indonesia had a large net trade with Guinea in the exports of Animal and Vegetable Bi-Products ($90.4M), Transportation ($20.8M), and Chemical Products ($4.26M).

During 2018, Guinea had a large net trade with Indonesia in the exports of Foodstuffs ($70.4M), Machines ($13.6k), and Plastics and Rubbers ($7.44k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Guinea+$1.64MPalm Oil

Top Product Potential Guinea Indonesia+$11kGold

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

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Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Guinea () (2023)

Exports from Guinea () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Guinea ()

Indonesia Exports

Market Competitiveness

Difference in imports from Guinea () and Indonesia () (2023)

Comparative Advantage Indonesia - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Indonesia () and Guinea () (2023)

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