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2022
Exports $523World Rnk 170 / 195
Flag Rnk 384 / 511
2022
Destination $478 Mauritius
2021 - 2022
FASTEST GROWING MARKET $478Mauritius
2022
PRODUCT COMPLEXITY IN Lubricating Products1.61Rnk 36 / 1025
2022
Imports $2.19MWorld Rnk 130 / 224
Flag Rnk 288 / 1018
2022
Origin $193k China
2021 - 2022
FASTEST GROWING ORIGIN $193kAustralia
2022
ECONOMIC COMPLEXITY of Guinea-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $523 in Lubricating Products, making it the 170th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 384th most exported product in Guinea. The main destination of Lubricating Products exports from Guinea are: Mauritius ($478), France ($38), and Canada ($7).

The fastest growing export markets for Lubricating Products of Guinea between 2021 and 2022 were Mauritius ($478) and France ($38).

Imports In 2022, Guinea imported $2.19M in Lubricating Products, becoming the 130th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 288th most imported product in Guinea. Guinea imports Lubricating Products primarily from: China ($407k), Germany ($380k), France ($368k), Australia ($193k), and Belgium ($177k).

The fastest growing import markets in Lubricating Products for Guinea between 2021 and 2022 were Australia ($193k), Canada ($102k), and Netherlands ($91.9k).

Latest Trends

Jul 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 Lubricating Products. 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)$523
IMPORTS (2022)$2.19M
NET TRADE (2022)-$2.19M

In 2022, Guinea exported $523 in Lubricating Products. The main destinations of Guinea exports on Lubricating Products were Mauritius ($478), France ($38), and Canada ($7).

In 2022, Guinea imported $2.19M in Lubricating Products, mainly from China ($407k), Germany ($380k), France ($368k), Australia ($193k), and Belgium ($177k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Guinea WERE (2021 - 2022):
Mauritius$478 (1%)
France$38 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Guinea WERE (2021 - 2022):
Canada-$467 (-98.5%)
Spain-$152 (-100%)
Austria-$49 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guinea's main exporting competitors in Lubricating Products were:
Germany $2.32B
United States $1.94B
Japan $1.24B
In 2022, Guinea's main importing competitors in Lubricating Products were:
China $1.71B
Germany $676M
Mexico $433M

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $594
TOP IMPORT POTENTIALGermany+ $200k

Lubricating Products’s highest export potential is China. With an export gap of $594.   Lubricating Products’s highest import potential is Germany with an import gap of $200k.

See methodology.

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