2022
Exports
$3.02MWorld Rnk 52 / 188
Flag Rnk 22 / 511
2022
PRODUCT COMPLEXITY IN Electrical Parts
-1.06Rnk 849 / 1025
2022
Imports
$562kWorld Rnk 89 / 212
Flag Rnk 457 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $3.02M in Electrical Parts, making it the 52nd largest exporter of Electrical Parts in the world. At the same year, Electrical Parts was the 22nd most exported product in Guinea. The main destination of Electrical Parts exports from Guinea are: India ($2.99M), Senegal ($16.6k), United Kingdom ($12.4k), and Turkey ($38).

The fastest growing export markets for Electrical Parts of Guinea between 2021 and 2022 were India ($2.99M), Senegal ($16.6k), and United Kingdom ($2k).

Imports In 2022, Guinea imported $562k in Electrical Parts, becoming the 89th largest importer of Electrical Parts in the world. At the same year, Electrical Parts was the 457th most imported product in Guinea. Guinea imports Electrical Parts primarily from: United Arab Emirates ($447k), Chinese Taipei ($62.6k), China ($32.6k), Turkey ($18.2k), and India ($1.93k).

The fastest growing import markets in Electrical Parts for Guinea between 2021 and 2022 were United Arab Emirates ($442k), China ($28.7k), and India ($1.93k).

Latest Trends

Sep 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 Electrical Parts. 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 (2022)$3.02M
IMPORTS (2022)$562k
NET TRADE (2022)$2.46M

In 2022, Guinea exported $3.02M in Electrical Parts. The main destinations of Guinea exports on Electrical Parts were India ($2.99M), Senegal ($16.6k), United Kingdom ($12.4k), and Turkey ($38).

In 2022, Guinea imported $562k in Electrical Parts, mainly from United Arab Emirates ($447k), Chinese Taipei ($62.6k), China ($32.6k), Turkey ($18.2k), and India ($1.93k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Parts EXPORT MARKETS FOR Guinea WERE (2021 - 2022):
India$2.99M (1%)
Senegal$16.6k (1%)
United Kingdom$2k (19.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guinea's main exporting competitors in Electrical Parts were:
In 2022, Guinea's main importing competitors in Electrical Parts were:

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Trade Value of Electrical Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $295k
TOP IMPORT POTENTIALChina+ $50.2k

Electrical Parts’s highest export potential is India. With an export gap of $295k.   Electrical Parts’s highest import potential is China with an import gap of $50.2k.

See methodology.

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