2022
Flag  
GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC 
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

New Zealand-Guinea Trade: In 2022, New Zealand exported $459k to Guinea. The main products that New Zealand exported to Guinea were Non-fillet Frozen Fish ($330k), Stone Processing Machines ($119k), and Other Ores ($5.76k). Over the past 5 years the exports of New Zealand to Guinea have decreased at an annualized rate of 20.2%, from $1.42M in 2017 to $459k in 2022.

In 2022, New Zealand did not export any services to Guinea.

Guinea-New Zealand Trade: In 2022, Guinea exported $69.5k to New Zealand. The main products that Guinea exported to New Zealand were Self-adhesive Plastics ($33k), Abrasive Powder ($29.8k), and Other Plastic Products ($2.7k). Over the past 5 years the exports of Guinea to New Zealand have decreased at an annualized rate of 27.6%,  from $349k in 2017 to $69.5k in 2022.

In 2022, Guinea did not export any services to New Zealand.

Comparison: In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). 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
Value

In 2022, New Zealand exported $459k to Guinea. The main products exported from New Zealand to Guinea were Non-fillet Frozen Fish ($330k), Stone Processing Machines ($119k), and Other Ores ($5.76k). During the last 5 years the exports of New Zealand to Guinea have decreased at an annualized rate of 20.2%, from $1.42M in 2017 to $459k in 2022.

In 2017, Guinea exported $69.5k to New Zealand. The main products exported from Guinea to New Zealand were Self-adhesive Plastics ($33k), Abrasive Powder ($29.8k), and Other Plastic Products ($2.7k). During the last 5 years the exports of Guinea to New Zealand have decreased at an annualized rate of 27.6%, from $349k in 2022 to $69.5k in 2017.

Exports from New Zealand (Flag) to Guinea (Flag) (2022)

Exports from Guinea (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Guinea (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Guinea
Top Destination
China$3.81B

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

In 2022, countries that imported more from New Zealand than Guinea included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Guinea than New Zealand included India ($2.77B), United Arab Emirates ($2.59B), and Switzerland ($347M).

Difference in imports from Guinea (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Guinea

Flow
Scale

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

During 2022, New Zealand had a large net trade with Guinea in the exports of Animal Products ($330k), Machines ($121k), and Mineral Products ($5.76k).

During 2017, Guinea had a large net trade with New Zealand in the exports of Plastics and Rubbers ($35.8k), Stone And Glass ($29.8k), and Foodstuffs ($1.21k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Guinea+$132kNon-fillet Frozen Fish
Top Product Potential Guinea New Zealand+$5.03kLaboratory Reagents

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

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

Product Space of New Zealand (Flag) and Guinea (Flag) (2022)

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