Netherlands (NLD) and Guinea (GIN) Trade | The Observatory of Economic Complexity

About

Netherlands-Guinea In 2022, Netherlands exported $472M to Guinea. The main products that Netherlands exported to Guinea are Refined Petroleum ($365M), Onions ($34.2M), and Malt Extract ($15.9M). During the last 27 years the exports of Netherlands to Guinea have increased at an annualized rate of 9.07%, from $45.3M in 1995 to $472M in 2022.

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

Guinea-Netherlands In 2022, Guinea exported $35.3M to Netherlands. The main products that Guinea exported to Netherlands were Cocoa Beans ($31.9M), Excavation Machinery ($1.1M), and Large Construction Vehicles ($528k). During the last 27 years the exports of Guinea to Netherlands have increased at an annualized rate of 8.56%, from $3.84M in 1995 to $35.3M in 2022.

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

Comparison In 2022, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1), and 6 in total exports ($674B). That same year, Guinea ranked 124 in the Economic Complexity Index (ECI -2.66), and 101 in total exports ($10.4B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €7M and imported €3M from Guinea, resulting in a positive trade balance of €4M. Between October 2021 and October 2022 the exports of Netherlands have increased by €5M (250%) from €2M to €7M, while imports decreased by €-1M (-25%) from €4M to €3M.

Trade In October 2022, the top exports of Netherlands to Guinea were Vegetables, fresh, chilled, frozen or simply... (€2M), Edible products and preparations, n.e.s. (€2M), Petroleum oils and oils obtained from... (€1M), and Polyacetals, other polyethers and epoxide resins,... (€1M). In October 2022 the top imports of Netherlands from Guinea were .

Growth In October 2022, the increase in Netherlands's year-by-year exports to Guinea was explained primarily by an increase in product exports in . In October 2022, the decrease in Netherlands's year-by-year imports from Guinea was explained primarily by an decrease in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2021 - October 2022)€5M(250%)

IMPORT GROWTH (October 2021 - October 2022)€-1M(-25%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Guinea and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guinea and Netherlands Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Netherlands exported $472M to Guinea. The main products exported from Netherlands to Guinea were Refined Petroleum ($365M), Onions ($34.2M), and Malt Extract ($15.9M). During the last 27 years the exports of Netherlands to Guinea have increased at an annualized rate of 9.07%, from $45.3M in 1995 to $472M in 2022.

In 2022, Guinea exported $35.3M to Netherlands. The main products exported from Guinea to Netherlands were Cocoa Beans ($31.9M), Excavation Machinery ($1.1M), and Large Construction Vehicles ($528k). During the last 27 years the exports of Guinea to Netherlands have increased at an annualized rate of 8.56%, from $3.84M in 1995 to $35.3M in 2022.

Exports from Netherlands () to Guinea () (2022)

Exports from Guinea () to Netherlands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Netherlands
Top DestinationGermany$131B

Guinea
Top DestinationChina$3.81B

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

In 2021, countries that imported more from Netherlands than Guinea were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2021, countries that imported more from Guinea than Netherlands were Brunei ($36.8M).

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

Comparative Advantage Netherlands - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Netherlands had a large net trade with Guinea in the exports of Mineral Products ($366M), Vegetable Products ($35.6M), and Foodstuffs ($26M).

During 2022, Guinea had a large net trade with Netherlands in the exports of Foodstuffs ($31.9M), Machines ($1.85M), and Vegetable Products ($597k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Guinea. Similarly, the more yellow a dot/product is, the more Guinea has comparative advantage over Netherlands.

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from Netherlands () to Guinea () (2022)

Exports from Guinea () to Netherlands () (2022)

Market Competitiveness

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

Comparative Advantage Netherlands - Guinea

Economic Complexity

Competitive Landscape

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

Keep Exploring