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Flag Netherlands / Guinea Flag

2020
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Exports: $216M, Rnk 89 / 222

2020
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Top Product: $54.2M, Refined Petroleum

2020
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Exports: $18.1M, Rnk 18 / 97

2020
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Top Product: $16.9M, Cocoa Beans

2020
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Economic Complexity (ECI): ECI 1.13, Rnk 22 / 127

2020
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Economic Complexity (ECI): ECI -1.64, Rnk 124 / 127

2020
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GDP: $914B, CURRENT US$
Rnk 17 / 204

2010-2020
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GDP GROWTH: 7.85%, CURRENT US$
Rnk 148 / 204

2020
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 GDP: $14.2B, CURRENT US$
Rnk 127 / 204

2010-2020
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GDP GROWTH: 107%, CURRENT US$
Rnk 17 / 204

2020
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GDP PC : $52,396, CURRENT US$
Rnk 14 / 204

2010-2020
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GDP PC GROWTH: 2.74%, CURRENT US$
Rnk 130 / 204

2020
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GDP PC: $1,079, CURRENT US$
Rnk 178 / 204

2010-2020
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GDP PC GROWTH: 60.5%, CURRENT US$
Rnk 23 / 204

About

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Netherlands-Guinea In 2020, Netherlands exported $216M to Guinea. The main products that Netherlands exported to Guinea are Refined Petroleum ($54.2M), Packaged Medicaments ($29.9M), and Onions ($23.6M). During the last 25 years the exports of Netherlands to Guinea have increased at an annualized rate of 6.44%, from $45.3M in 1995 to $216M in 2020.

In 2020, Netherlands did not export any services to Guinea.

Guinea-Netherlands In 2020, Guinea exported $18.1M to Netherlands. The main products that Guinea exported to Netherlands were Cocoa Beans ($16.9M), Scrap Copper ($542k), and Malt Extract ($131k). During the last 25 years the exports of Guinea to Netherlands have increased at an annualized rate of 6.34%, from $3.89M in 1995 to $18.1M in 2020.

In 2020, Guinea did not export any services to Netherlands.

Comparison In 2020,  Netherlands ranked 22 in the Economic Complexity Index (ECI 1.13), and 6 in total exports ($511B). That same year, Guinea ranked 124 in the Economic Complexity Index (ECI -1.64), and 82 in total exports ($11.6B).

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October, 2022

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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 .

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Flow
Time Scale
Value

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

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Netherlands exported $216M to Guinea. The main products exported from Netherlands to Guinea were Refined Petroleum ($54.2M), Packaged Medicaments ($29.9M), and Onions ($23.6M). During the last 25 years the exports of Netherlands to Guinea have increased at an annualized rate of 6.44%, from $45.3M in 1995 to $216M in 2020.

In 2020, Guinea exported $18.1M to Netherlands. The main products exported from Guinea to Netherlands were Cocoa Beans ($16.9M), Scrap Copper ($542k), and Malt Extract ($131k). During the last 25 years the exports of Guinea to Netherlands have increased at an annualized rate of 6.34%, from $3.89M in 1995 to $18.1M in 2020.

Market Competitiveness

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Measure

Netherlands
Top Destination: Germany, $105B

Guinea
Top Destination: United Arab Emirates, $6.81B

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 2019, countries that imported more from Netherlands than Guinea were Germany ($105B), Belgium ($56.1B), and France ($43.7B).

In 2019, countries that imported more from Guinea than Netherlands were United Arab Emirates ($6.81B).

Comparative Advantage Netherlands - Guinea

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Flow
Scale

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

During 2020, Netherlands had a large net trade with Guinea in the exports of Mineral Products ($70.1M), Foodstuffs ($33.6M), and Chemical Products ($33.1M).

During 2020, Guinea had a large net trade with Netherlands in the exports of Foodstuffs ($17.1M), Metals ($668k), and Vegetable Products ($195k).

Economic Complexity

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Competitive Landscape

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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.

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