Flag Netherlands / Guinea Flag

Exports FlagFlag  (2018): $331M, Rnk 83 / 219

Top Product FlagFlag (2018): $186M, Refined Petroleum

Exports FlagFlag (2018): $9.61M, Rnk 22 / 79

Top Product FlagFlag (2018): $8.82M, Cocoa Beans

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

Economic Complexity of Flag (2018): ECI -1.76, Rnk 135 / 137

Netherlands-Guinea: In 2018, Netherlands exported $331M to Guinea. The main products exported from Netherlands to Guinea were Refined Petroleum ($186M), Packaged Medicaments ($25.9M), and Onions ($22.9M). During the last 23 years the exports of Netherlands to Guinea have increased at an annualized rate of 9.46%, from $41.4M in 1995 to $331M in 2018.

Guinea-Netherlands: In 2018, Guinea exported $9.61M to Netherlands. The main products exported from Guinea to Netherlands were Cocoa Beans ($8.82M), Cranes ($247k), and Specialized Vehicles ($171k). During the last 23 years the exports of Guinea to Netherlands have increased at an annualized rate of 4.52%, from $3.48M in 1995 to $9.61M in 2018.

Comparison: In 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). That same year, Guinea ranked 135 in the Economic Complexity Index (ECI -1.76), and 107 in total exports ($5.77B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $331M to Guinea. The main products exported from Netherlands to Guinea were Refined Petroleum ($186M), Packaged Medicaments ($25.9M), and Onions ($22.9M). During the last 23 years the exports of Netherlands to Guinea have increased at an annualized rate of 9.46%, from $41.4M in 1995 to $331M in 2018.

In 2018, Guinea exported $9.61M to Netherlands. The main products exported from Guinea to Netherlands were Cocoa Beans ($8.82M), Cranes ($247k), and Specialized Vehicles ($171k). During the last 23 years the exports of Guinea to Netherlands have increased at an annualized rate of 4.52%, from $3.48M in 1995 to $9.61M in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Guinea
Top Destination
: United Arab Emirates, $2.3B

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 2018, countries that imported more from Netherlands than Guinea were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, no countries were registered that imported more from Guinea than from Netherlands.

Comparative Advantage Netherlands - Guinea

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Depth

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

During 2018, Netherlands had a large net trade with Guinea in the exports of Mineral Products ($204M), Chemical Products ($28M), and Foodstuffs ($24.4M).

During 2018, Guinea had a large net trade with Netherlands in the exports of Foodstuffs ($8.93M), Machines ($370k), and Transportation ($171k).

Tariff Section

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This sections shows import tariffs for products traded between Netherlands and Guinea (using the HS6 product classification and the last year reported).

In 2017, the products from Netherlands that paid the highest import tariffs to enter Guinea were Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (87%) and Refined sugar, in solid form, nes, pure sucrose (76.8%).

In 2018, the products from Guinea that paid the highest import tariffs to enter Netherlands were Bovine carcasses and half carcasses, fresh or chilled (35%) and Bovine cuts bone in, fresh or chilled (35%).

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*The tariffs present between Netherlands and Guinea are:
124: European Union GSP for Least Developed Countries
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Netherlands and Guinea. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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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 red.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Guinea. Similarly, the more red a dot/product is, the more Guinea has comparative advantage over Netherlands.