2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Vietnam-Guinea Trade: In 2017, Vietnam exported $13.2M to Guinea. The main products that Vietnam exported to Guinea were N/A. Over the past 5 years the exports of Vietnam to Guinea have decreased at an annualized rate of 19.5%, from $39.1M in 2012 to $13.2M in 2017.

In 2017, Vietnam did not export any services to Guinea.

Guinea-Vietnam Trade: In 2017, Guinea exported $147M to Vietnam. The main products that Guinea exported to Vietnam were N/A. Over the past 5 years the exports of Guinea to Vietnam have increased at an annualized rate of 58.5%,  from $14.6M in 2012 to $147M in 2017.

In 2017, Guinea did not export any services to Vietnam.

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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 2017, Vietnam exported $13.2M to Guinea. There were not main exports from Vietnam to Guinea in 2017. During the last 5 years the exports of Vietnam to Guinea have decreased at an annualized rate of 19.5%, from $39.1M in 2012 to $13.2M in 2017.

In 2012, Guinea exported $147M to Vietnam. There were not main exports from Guinea to Vietnam in 2012. During the last 5 years the exports of Guinea to Vietnam have increased at an annualized rate of 58.5%, from $14.6M in 2017 to $147M in 2012.

Exports from Vietnam (Flag) to Guinea (Flag) (2017)

Exports from Guinea (Flag) to Vietnam (Flag) (2017)

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Guinea
Top Destination
China$3.81B

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

In 2022, countries that imported more from Vietnam than Guinea included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Guinea than Vietnam included Mauritania ($1.89M).

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

Comparative Advantage Vietnam - Guinea

Flow
Scale

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

During 2017, Vietnam had a large net trade with Guinea in the exports of .

During 2012, Guinea had a large net trade with Vietnam in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Guinea+$5.26kTelephones
Top Product Potential Guinea Vietnam+$5.31kGold

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

Product Space of Vietnam (Flag) and Guinea (Flag) (2017)

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