2022
Flag  
GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 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 
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Ukraine-Guinea Trade: In 2022, Ukraine exported $4.1M to Guinea. The main products that Ukraine exported to Guinea were Poultry Meat ($2.04M), Sauces and Seasonings ($670k), and Seed Oils ($429k). Over the past 5 years the exports of Ukraine to Guinea have decreased at an annualized rate of 13%, from $8.21M in 2017 to $4.1M in 2022.

In 2022, Ukraine did not export any services to Guinea.

Guinea-Ukraine Trade: In 2022, Guinea exported $24.2M to Ukraine. The main products that Guinea exported to Ukraine were Aluminium Ore ($24.1M), Coffee ($35.3k), and Centrifuges ($776). Over the past 5 years the exports of Guinea to Ukraine have decreased at an annualized rate of 22.4%,  from $85.6M in 2017 to $24.2M in 2022.

In 2022, Guinea did not export any services to Ukraine.

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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, Ukraine exported $4.1M to Guinea. The main products exported from Ukraine to Guinea were Poultry Meat ($2.04M), Sauces and Seasonings ($670k), and Seed Oils ($429k). During the last 5 years the exports of Ukraine to Guinea have decreased at an annualized rate of 13%, from $8.21M in 2017 to $4.1M in 2022.

In 2017, Guinea exported $24.2M to Ukraine. The main products exported from Guinea to Ukraine were Aluminium Ore ($24.1M), Coffee ($35.3k), and Centrifuges ($776). During the last 5 years the exports of Guinea to Ukraine have decreased at an annualized rate of 22.4%, from $85.6M in 2022 to $24.2M in 2017.

Exports from Ukraine (Flag) to Guinea (Flag) (2022)

Exports from Guinea (Flag) to Ukraine (Flag) (2022)

Latest Data

Trade between Ukraine (Flag) and Guinea (Flag)

Ukraine Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Guinea
Top Destination
China$3.81B

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 2022, countries that imported more from Ukraine than Guinea included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2022, countries that imported more from Guinea than Ukraine included United Arab Emirates ($2.59B), India ($2.77B), and China ($3.81B).

Difference in imports from Guinea (Flag) and Ukraine (Flag) (2022)

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 2022, Ukraine had a large net trade with Guinea in the exports of Animal Products ($2.06M), Foodstuffs ($670k), and Animal and Vegetable Bi-Products ($431k).

During 2017, Guinea had a large net trade with Ukraine in the exports of Mineral Products ($24.1M), Vegetable Products ($35.3k), and Machines ($829).

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) (2022)

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