2023
Exports
$216MWorld Rnk 10 / 134
Flag Rnk 3 / 528
2023
PRODUCT COMPLEXITY IN Cocoa Beans
-2.94Rnk 1025 / 1025
2023
Imports
$840World Rnk 130 / 159
Flag Rnk 974 / 1029
2023
ECONOMIC COMPLEXITY of Guinea
-2.18Rnk 131 / 132

About

Exports In 2023, Guinea exported $216M in Cocoa Beans, making it the 10th largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 3rd most exported product in Guinea. The main destination of Cocoa Beans exports from Guinea are: Netherlands ($107M), Indonesia ($70.4M), Malaysia ($22.6M), Austria ($5.56M), and Belgium ($3.74M).

The fastest growing export markets for Cocoa Beans of Guinea between 2022 and 2023 were Netherlands ($72.8M), Indonesia ($41.2M), and Malaysia ($12.5M).

Imports In 2023, Guinea imported $840 in Cocoa Beans, becoming the 130th largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 974th most imported product in Guinea. Guinea imports Cocoa Beans primarily from: Belgium ($676) and Turkey ($164).

The fastest growing import markets in Cocoa Beans for Guinea between N/A and 2023 were Belgium ($676) and Turkey ($164).

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 Cocoa Beans. 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)$216M
IMPORTS (2023)$840
NET TRADE (2023)$216M

In 2023, Guinea exported $216M in Cocoa Beans. The main destinations of Guinea exports on Cocoa Beans were Netherlands ($107M), Indonesia ($70.4M), Malaysia ($22.6M), Austria ($5.56M), and Belgium ($3.74M).

In 2023, Guinea imported $840 in Cocoa Beans, mainly from Belgium ($676) and Turkey ($164).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Guinea WERE (2022 - 2023):
Netherlands$72.8M (214%)
Indonesia$41.2M (141%)
Malaysia$12.5M (124%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Guinea WERE (2022 - 2023):
Germany-$990k (-98%)
India-$607k (-100%)
Estonia-$330k (-95.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guinea's main exporting competitors in Cocoa Beans were:
In 2023, Guinea's main importing competitors in Cocoa Beans were:

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Trade Value of Cocoa Beans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.25M
TOP IMPORT POTENTIALCote d'Ivoire+ $575

Cocoa Beans’s highest export potential is Germany. With an export gap of $2.25M.   Cocoa Beans’s highest import potential is Cote d'Ivoire with an import gap of $575.

See methodology.

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