2023
Exports
$600kWorld Rnk 143 / 210
Flag Rnk 40 / 528
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$144MWorld Rnk 132 / 225
Flag Rnk 3 / 1029
2023
ECONOMIC COMPLEXITY of Guinea
-2.18Rnk 131 / 132

About

Exports In 2023, Guinea exported $600k in Cars, making it the 143rd largest exporter of Cars in the world. At the same year, Cars was the 40th most exported product in Guinea. The main destination of Cars exports from Guinea are: Gambia ($378k), Senegal ($128k), Benin ($44.3k), Ghana ($22.1k), and Belgium ($18.5k).

The fastest growing export markets for Cars of Guinea between 2022 and 2023 were Gambia ($378k), Senegal ($94.1k), and Benin ($44.3k).

Imports In 2023, Guinea imported $144M in Cars, becoming the 132nd largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Guinea. Guinea imports Cars primarily from: United Arab Emirates ($34M), Belgium ($33.7M), Morocco ($22.9M), United States ($21.8M), and Canada ($18.1M).

The fastest growing import markets in Cars for Guinea between 2022 and 2023 were United Arab Emirates ($23.1M), Morocco ($22.9M), and Canada ($3.18M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$600k
IMPORTS (2023)$144M
NET TRADE (2023)-$143M

In 2023, Guinea exported $600k in Cars. The main destinations of Guinea exports on Cars were Gambia ($378k), Senegal ($128k), Benin ($44.3k), Ghana ($22.1k), and Belgium ($18.5k).

In 2023, Guinea imported $144M in Cars, mainly from United Arab Emirates ($34M), Belgium ($33.7M), Morocco ($22.9M), United States ($21.8M), and Canada ($18.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Guinea WERE (2022 - 2023):
Gambia$378k (1%)
Senegal$94.1k (281%)
Benin$44.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Guinea WERE (2022 - 2023):
Netherlands-$234k (-100%)
Burundi-$62.7k (-100%)
Switzerland-$38.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guinea's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Guinea's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $284k
TOP IMPORT POTENTIALUnited States+ $10.5M

Cars’s highest export potential is Netherlands. With an export gap of $284k.   Cars’s highest import potential is United States with an import gap of $10.5M.

See methodology.

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