Armenia (ARM) and Guinea (GIN) Trade | The Observatory of Economic Complexity

About

In N/A, Armenia did not export any services to Guinea.

Guinea-Armenia Trade: In N/A, Guinea exported $6 to Armenia. The main products that Guinea exported to Armenia were Other Pure Vegetable Oils ($6). Over the past N/A years the exports of Guinea to Armenia have increased at an annualized rate of 24.6%, from $2 in N/A to $6 in N/A.

In N/A, Guinea did not export any services to Armenia.

Comparison: In 2023, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Armenia does not register exports to Guinea.

In 2018, Guinea exported $6 to Armenia. The main products exported from Guinea to Armenia were Other Pure Vegetable Oils ($6). During the last 5 years the exports of Guinea to Armenia have increased at an annualized rate of 24.6%, from $2 in 2023 to $6 in 2018.

Exports from Armenia () to Guinea () (2023)

Exports from Guinea () to Armenia () (2023)

Latest Data

Trade between Armenia () and Guinea ()

Armenia Exports

Date

Sep 2014

Jun 2014

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Guinea
Top DestinationUnited Arab Emirates$9.05B

This map shows whether countries import more from Armenia or Guinea. Each country is colored based on the difference in imports they receive from Armenia and Guinea or the difference in the growth in imports.

In 2023, countries that imported more from Armenia than Guinea included Russia ($3.38B), Hong Kong ($669M), and Georgia ($340M).

In 2023, countries that imported more from Guinea than Armenia included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

Difference in imports from Guinea () and Armenia () (2023)

Comparative Advantage Armenia - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Armenia and Guinea by product, considering products traded by both, Armenia and Guinea.

During 2018, Guinea had a large net trade with Armenia in the exports of Animal and Vegetable Bi-Products ($6).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Guinea+$1.96kRolled Tobacco

Top Product Potential Guinea Armenia+$4.02kGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Armenia and Guinea. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Armenia.

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Guinea () (2023)

Exports from Guinea () to Armenia () (2023)

Latest Data

Trade between Armenia () and Guinea ()

Armenia Exports

Market Competitiveness

Difference in imports from Guinea () and Armenia () (2023)

Comparative Advantage Armenia - Guinea

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Armenia () and Guinea () (2023)

Keep Exploring