Refined Petroleum in Guinea

EXPORTS (2018): $3.54M, World Rnk 143 / 198
Flag Rnk 21 / 331

TOP DESTINATION (2018): $3.31M, Senegal

FASTEST GROWING MARKET (2017 - 2018): $3.27M, Senegal

IMPORTS (2018): $302M, World Rnk 134 / 221
Flag Rnk 2 / 921

TOP ORIGIN (2018): $186M, Netherlands

FASTEST GROWING ORIGIN (2017 - 2018): $28.3M, Belgium-Luxembourg

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

PRODUCT COMPLEXITY  IN Refined Petroleum (2018): -0.97, Rnk 812 / 1018

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

Exports: In 2018, Guinea exported $3.54M in Refined Petroleum, making it the 143rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 21st most exported product in Guinea. The main destination of Refined Petroleum exports from Guinea are: Senegal ($3.31M), South Korea ($202k), Cote d'Ivoire ($25.9k), and South Africa ($9.58k).

The fastest growing export markets for Refined Petroleum of Guinea between 2017 and 2018 were Senegal ($3.27M), South Korea ($202k), and Cote d'Ivoire ($25.9k).

Imports: In 2018, Guinea imported $302M in Refined Petroleum, becoming the 134th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Guinea. Guinea imports Refined Petroleum primarily from: Netherlands ($186M), Belgium-Luxembourg ($35.8M), France ($20.3M), United Arab Emirates ($19.7M), and Spain ($16.9M).

The fastest growing import markets in Refined Petroleum for Guinea between 2017 and 2018 were Belgium-Luxembourg ($28.3M), United Arab Emirates ($19.7M), and France ($17.3M).

Tariffs: In 2018, the average tariff for Guinea in Refined Petroleum was 7.82%. The countries with the highest import tariffs for Refined Petroleum were Angola (8.26%), Burundi (8.26%), Botswana (8.26%), Central African Republic (8.26%), and Cameroon (8.26%).

Value

EXPORTS (2018): $3.54M

IMPORTS (2018): $302M

NET TRADE (2018): -$299M

In 2018, Guinea exported $3.54M in Refined Petroleum. The main destinations of Guinea exports on Refined Petroleum were Senegal ($3.31M), South Korea ($202k), Cote d'Ivoire ($25.9k), and South Africa ($9.58k).

In 2018, Guinea imported $302M in Refined Petroleum, mainly from Netherlands ($186M), Belgium-Luxembourg ($35.8M), France ($20.3M), United Arab Emirates ($19.7M), and Spain ($16.9M).

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IN 2018, Guinea HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

  • Senegal, $473k ($3.31M - $2.83M)
  • South Korea, $193k ($202k - $9.1k)
  • Cote d'Ivoire, $19.8k ($25.9k - $6.13k)

IN 2018, Guinea HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

  • Netherlands, -$186M ($0 - $186M)
  • Belgium-Luxembourg, -$35.8M ($0 - $35.8M)
  • France, -$20.3M ($0 - $20.3M)
Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Guinea WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined 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 Refined Petroleum were:

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

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Refined 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 average tariff for Guinea in Refined Petroleum was 7.82%.

The countries with the highest tariffs for Refined Petroleum in Guinea were Angola (8.26%), Burundi (8.26%), Botswana (8.26%), Central African Republic (8.26%), and Cameroon (8.26%).

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