2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Chinese Taipei-Guinea Trade: In 2022, Chinese Taipei exported $7.73M to Guinea. The main products that Chinese Taipei exported to Guinea were Bi-Wheel Vehicle Parts ($1.07M), Acrylic Polymers ($936k), and Other Iron Products ($694k). Over the past 5 years the exports of Chinese Taipei to Guinea have decreased at an annualized rate of 8.53%, from $12.1M in 2017 to $7.73M in 2022.

In 2022, Chinese Taipei did not export any services to Guinea.

Guinea-Chinese Taipei Trade: In 2022, Guinea exported $142k to Chinese Taipei. The main products that Guinea exported to Chinese Taipei were Sawn Wood ($132k), Integrated Circuits ($6.85k), and Electrical Transformers ($2.12k). Over the past 5 years the exports of Guinea to Chinese Taipei have decreased at an annualized rate of 31.3%,  from $934k in 2017 to $142k in 2022.

In 2022, Guinea did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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, Chinese Taipei exported $7.73M to Guinea. The main products exported from Chinese Taipei to Guinea were Bi-Wheel Vehicle Parts ($1.07M), Acrylic Polymers ($936k), and Other Iron Products ($694k). During the last 5 years the exports of Chinese Taipei to Guinea have decreased at an annualized rate of 8.53%, from $12.1M in 2017 to $7.73M in 2022.

In 2017, Guinea exported $142k to Chinese Taipei. The main products exported from Guinea to Chinese Taipei were Sawn Wood ($132k), Integrated Circuits ($6.85k), and Electrical Transformers ($2.12k). During the last 5 years the exports of Guinea to Chinese Taipei have decreased at an annualized rate of 31.3%, from $934k in 2022 to $142k in 2017.

Exports from Chinese Taipei (Flag) to Guinea (Flag) (2022)

Exports from Guinea (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Guinea
Top Destination
China$3.81B

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

In 2022, countries that imported more from Chinese Taipei than Guinea included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Guinea than Chinese Taipei included United Arab Emirates ($2.59B), Cape Verde ($1.55M), and Mauritania ($1.89M).

Difference in imports from Guinea (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Guinea

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Guinea in the exports of Machines ($2.67M), Metals ($1.81M), and Plastics and Rubbers ($1.34M).

During 2017, Guinea had a large net trade with Chinese Taipei in the exports of Wood Products ($132k), Machines ($10.4k), and Metals ($67).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Guinea (Flag) (2022)

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