2023
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC 
$5,070CURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Ukraine-Guinea Trade: In 2023, Ukraine exported $2.16M to Guinea. The main products that Ukraine exported to Guinea were Seed Oils ($1.12M), Poultry Meat ($601k), and Sauces and Seasonings ($380k). Over the past 5 years the exports of Ukraine to Guinea have decreased at an annualized rate of 35.4%, from $19.3M in 2018 to $2.16M in 2023.

In 2023, Ukraine did not export any services to Guinea.

Guinea-Ukraine Trade: In 2023, Guinea exported $289k to Ukraine. The main products that Guinea exported to Ukraine were Coffee ($253k) and Sauces and Seasonings ($35.9k). Over the past 5 years the exports of Guinea to Ukraine have decreased at an annualized rate of 70%,  from $118M in 2018 to $289k in 2023.

In 2023, Guinea did not export any services to Ukraine.

Comparison: In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ukraine exported $2.16M to Guinea. The main products exported from Ukraine to Guinea were Seed Oils ($1.12M), Poultry Meat ($601k), and Sauces and Seasonings ($380k). During the last 5 years the exports of Ukraine to Guinea have decreased at an annualized rate of 35.4%, from $19.3M in 2018 to $2.16M in 2023.

In 2018, Guinea exported $289k to Ukraine. The main products exported from Guinea to Ukraine were Coffee ($253k) and Sauces and Seasonings ($35.9k). During the last 5 years the exports of Guinea to Ukraine have decreased at an annualized rate of 70%, from $118M in 2023 to $289k in 2018.

Exports from Ukraine (Flag) to Guinea (Flag) (2023)

Exports from Guinea (Flag) to Ukraine (Flag) (2023)

Latest Data

Trade between Ukraine (Flag) and Guinea (Flag)

Ukraine Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$4.83B
Guinea
Top Destination
United Arab Emirates$9.05B

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

In 2023, countries that imported more from Ukraine than Guinea included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

In 2023, countries that imported more from Guinea than Ukraine included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

Difference in imports from Guinea (Flag) and Ukraine (Flag) (2023)

Comparative Advantage Ukraine - Guinea

Flow
Scale

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

During 2023, Ukraine had a large net trade with Guinea in the exports of Animal and Vegetable Bi-Products ($1.13M), Animal Products ($601k), and Foodstuffs ($380k).

During 2018, Guinea had a large net trade with Ukraine in the exports of Vegetable Products ($253k) and Foodstuffs ($35.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Guinea+$3.09kWheat
Top Product Potential Guinea Ukraine+$3.59kGold

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 Ukraine and Guinea. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Ukraine.

Product Space of Ukraine (Flag) and Guinea (Flag) (2023)

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