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2022
Flag → Flag
Exports $10.3MRnk 123 / 213
2022
Flag → Flag
Top Product $891kRefrigerators
2022
Flag → Flag
Exports $402kRnk 40 / 105
2022
Flag → Flag
Top Product $140kSurveying Equipment
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Australia-Guinea Trade: In 2022, Australia exported $10.3M to Guinea. The main products that Australia exported to Guinea were Refrigerators ($891k), Iron Fasteners ($800k), and Excavation Machinery ($734k). Over the past 5 years the exports of Australia to Guinea have increased at an annualized rate of 12.5%, from $5.68M in 2017 to $10.3M in 2022.

In 2022, Australia did not export any services to Guinea.

Guinea-Australia Trade: In 2022, Guinea exported $402k to Australia. The main products that Guinea exported to Australia were Surveying Equipment ($140k), Bismuth ($107k), and Binoculars and Telescopes ($59.1k). Over the past 5 years the exports of Guinea to Australia have increased at an annualized rate of 40.7%,  from $73k in 2017 to $402k in 2022.

In 2022, Guinea did not export any services to Australia.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $10.3M to Guinea. The main products exported from Australia to Guinea were Refrigerators ($891k), Iron Fasteners ($800k), and Excavation Machinery ($734k). During the last 5 years the exports of Australia to Guinea have increased at an annualized rate of 12.5%, from $5.68M in 2017 to $10.3M in 2022.

In 2017, Guinea exported $402k to Australia. The main products exported from Guinea to Australia were Surveying Equipment ($140k), Bismuth ($107k), and Binoculars and Telescopes ($59.1k). During the last 5 years the exports of Guinea to Australia have increased at an annualized rate of 40.7%, from $73k in 2022 to $402k in 2017.

Exports from Australia (Flag) to Guinea (Flag) (2022)

Exports from Guinea (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Guinea (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top DestinationChina$123B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Australia than Guinea included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Guinea than Australia included Cape Verde ($1.55M).

Difference in imports from Guinea (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Guinea

Flow
Scale

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

During 2022, Australia had a large net trade with Guinea in the exports of Machines ($5.16M), Metals ($2.04M), and Plastics and Rubbers ($1.05M).

During 2017, Guinea had a large net trade with Australia in the exports of Instruments ($216k), Metals ($107k), and Machines ($66.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Australia (Flag) and Guinea (Flag) (2022)

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