Bangladesh (BGD) and Guinea (GIN) Trade | The Observatory of Economic Complexity

About

Bangladesh-Guinea Trade: In 2016, Bangladesh exported $549k to Guinea. The main products that Bangladesh exported to Guinea were N/A. Over the past 5 years the exports of Bangladesh to Guinea have decreased at an annualized rate of 10.5%, from $955k in 2011 to $549k in 2016.

In 2016, Bangladesh did not export any services to Guinea.

Guinea-Bangladesh Trade: In 2016, Guinea exported $391k to Bangladesh. The main products that Guinea exported to Bangladesh were N/A. Over the past 5 years the exports of Guinea to Bangladesh have increased at an annualized rate of 279%, from $498 in 2011 to $391k in 2016.

In 2016, Guinea did not export any services to Bangladesh.

Comparison: In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2016, Bangladesh exported $549k to Guinea. There were not main exports from Bangladesh to Guinea in 2016. During the last 5 years the exports of Bangladesh to Guinea have decreased at an annualized rate of 10.5%, from $955k in 2011 to $549k in 2016.

In 2010, Guinea exported $391k to Bangladesh. There were not main exports from Guinea to Bangladesh in 2010. During the last 5 years the exports of Guinea to Bangladesh have increased at an annualized rate of 279%, from $498 in 2015 to $391k in 2010.

Exports from Bangladesh () to Guinea () (2016)

Exports from Guinea () to Bangladesh () (2016)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Bangladesh than Guinea included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Guinea than Bangladesh included China ($3.81B), United Arab Emirates ($2.59B), and India ($2.77B).

Difference in imports from Guinea () and Bangladesh () (2022)

Comparative Advantage Bangladesh - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, Bangladesh had a large net trade with Guinea in the exports of .

During 2010, Guinea had a large net trade with Bangladesh in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Guinea+$3.15kNon-Knit Men's Suits

Top Product Potential Guinea Bangladesh+$6.15kGold

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 Bangladesh and Guinea. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Bangladesh.

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Guinea () (2016)

Exports from Guinea () to Bangladesh () (2016)

Market Competitiveness

Difference in imports from Guinea () and Bangladesh () (2022)

Comparative Advantage Bangladesh - 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 Bangladesh () and Guinea () (2016)

Keep Exploring