2023
Exports
$18.9kWorld Rnk 156 / 184
Flag Rnk 158 / 528
2023
PRODUCT COMPLEXITY IN Lifting Machinery
1.09Rnk 149 / 1025
2023
Imports
$16.8MWorld Rnk 116 / 222
Flag Rnk 88 / 1029
2023
ECONOMIC COMPLEXITY of Guinea
-2.18Rnk 131 / 132

About

Exports In 2023, Guinea exported $18.9k in Lifting Machinery, making it the 156th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 158th most exported product in Guinea. The main destination of Lifting Machinery exports from Guinea are: United States ($18k) and South Africa ($837).

The fastest growing export markets for Lifting Machinery of Guinea between 2022 and 2023 were United States ($18k) and South Africa ($837).

Imports In 2023, Guinea imported $16.8M in Lifting Machinery, becoming the 116th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 88th most imported product in Guinea. Guinea imports Lifting Machinery primarily from: China ($8.59M), France ($2.84M), Oman ($1.75M), Turkey ($1.05M), and Spain ($582k).

The fastest growing import markets in Lifting Machinery for Guinea between 2022 and 2023 were China ($2.69M), France ($2.4M), and Oman ($1.75M).

Latest Trends

Jan 2025

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 Lifting Machinery. 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)$18.9k
IMPORTS (2023)$16.8M
NET TRADE (2023)-$16.8M

In 2023, Guinea exported $18.9k in Lifting Machinery. The main destinations of Guinea exports on Lifting Machinery were United States ($18k) and South Africa ($837).

In 2023, Guinea imported $16.8M in Lifting Machinery, mainly from China ($8.59M), France ($2.84M), Oman ($1.75M), Turkey ($1.05M), and Spain ($582k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Guinea WERE (2022 - 2023):
United States$18k (1%)
South Africa$837 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Guinea WERE (2022 - 2023):
Trinidad and Tobago-$2.5k (-100%)
Germany-$2.26k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guinea's main exporting competitors in Lifting Machinery were:
China $7.77B
Italy $2.7B
In 2023, Guinea's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $5.09k
TOP IMPORT POTENTIALChina+ $1.03M

Lifting Machinery’s highest export potential is Germany. With an export gap of $5.09k.   Lifting Machinery’s highest import potential is China with an import gap of $1.03M.

See methodology.

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