Crude Petroleum in Guinea

EXPORTS (2018): $2.64M, World Rnk 102 / 120
Flag Rnk 22 / 331

TOP DESTINATION (2018): $2.64M, Thailand

FASTEST GROWING MARKET (2017 - 2018): $2.64M, Thailand

IMPORTS (2018): $26.7M, World Rnk 87 / 148
Flag Rnk 31 / 921

TOP ORIGIN (2018): $26.7M, Pakistan

FASTEST GROWING ORIGIN (2014 - 2018): $5.45M, Pakistan

ECONOMIC COMPLEXITY of Guinea (2018): -1.76, Rnk 135 / 137

PRODUCT COMPLEXITY  IN Crude Petroleum (2018): -2.84, Rnk 1018 / 1018

Overview: This page contains the latest trade data of Crude Petroleum in Guinea.

Exports: In 2018, Guinea exported $2.64M in Crude Petroleum, making it the 102nd largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 22nd most exported product in Guinea. The main destination of Crude Petroleum exports from Guinea are: Thailand ($2.64M).

The fastest growing export markets for Crude Petroleum of Guinea between 2017 and 2018 were Thailand ($2.64M).

Imports: In 2018, Guinea imported $26.7M in Crude Petroleum, becoming the 87th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 31st most imported product in Guinea. Guinea imports Crude Petroleum primarily from: Pakistan ($26.7M).

The fastest growing import markets in Crude Petroleum for Guinea between 2014 and 2018 were Pakistan ($5.45M).

Value

EXPORTS (2018): $2.64M

IMPORTS (2018): $26.7M

NET TRADE (2018): -$24.1M

In 2018, Guinea exported $2.64M in Crude Petroleum. The main destinations of Guinea exports on Crude Petroleum were Thailand ($2.64M).

In 2018, Guinea imported $26.7M in Crude Petroleum, mainly from Pakistan ($26.7M).

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IN 2018, Guinea HAD A POSITIVE NET TRADE IN Crude Petroleum WITH:: Thailand, $2.64M ($2.64M - $0)

IN 2018, Guinea HAD A NEGATIVE NET TRADE IN Crude Petroleum WITH:: Pakistan, -$26.7M ($0 - $26.7M)

Flow

THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Guinea WERE (2017 - 2018):: Thailand, $2.64M (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Guinea WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Guinea's main exporting competitors in Crude Petroleum were:

In 2018, Guinea's main importing competitors in Crude Petroleum were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Crude Petroleum in Guinea. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Crude Petroleum in the imports of Guinea were of 0% around the world.

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