Iceland (ISL) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Iceland-Guinea Trade: In 2022, Iceland exported $632 to Guinea. The main products that Iceland exported to Guinea were Refrigerators ($632). Over the past 6 years the exports of Iceland to Guinea have decreased at an annualized rate of 61.5%, from $194k in 2016 to $632 in 2022.

In 2022, Iceland did not export any services to Guinea.

Guinea-Iceland In N/A, Guinea did not export any products to Iceland.

In 2022, Guinea did not export any services to Iceland.

Comparison In 2022, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iceland exported $632 to Guinea. The main products exported from Iceland to Guinea were Refrigerators ($632). During the last 6 years the exports of Iceland to Guinea have decreased at an annualized rate of 61.5%, from $194k in 2016 to $632 in 2022.

Guinea does not register exports to Iceland. The main products exported from Guinea to Iceland were Palm Oil ($298), Precious Stones ($147), and Other Non-Knit Clothing Accessories ($85).

Exports from Iceland () to Guinea () (2022)

Exports from Guinea () to Iceland () (2022)

Latest Data

Trade between Iceland () and Guinea ()

Iceland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iceland
Top DestinationNetherlands$1.97B

Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Iceland than Guinea included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

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

Difference in imports from Guinea () and Iceland () (2022)

Comparative Advantage Iceland - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iceland had a large net trade with Guinea in the exports of Machines ($632).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Iceland and Guinea. This means that a dot/product with the flag of Iceland indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Iceland.

About

Historical Data

Bilateral Trade by Products

Exports from Iceland () to Guinea () (2022)

Exports from Guinea () to Iceland () (2022)

Latest Data

Trade between Iceland () and Guinea ()

Iceland Exports

Market Competitiveness

Difference in imports from Guinea () and Iceland () (2022)

Comparative Advantage Iceland - Guinea

Economic Complexity

Competitive Landscape

Product Space of Iceland () and Guinea () (2022)

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