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Pricing

2021
Flag → Flag
Exports $270kRnk 14 / 0
2021
Flag → Flag
Exports $445kRnk 72 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Belarus-Guinea Trade: In 2021, Belarus exported $270k to Guinea. The main products that Belarus exported to Guinea were N/A. Over the past 5 years the exports of Belarus to Guinea have decreased at an annualized rate of 18.9%, from $772k in 2016 to $270k in 2021.

In 2014, Belarus exported services to Guinea worth $0, with being the largest in terms of value.

Guinea-Belarus Trade: In 2021, Guinea exported $445k to Belarus. The main products that Guinea exported to Belarus were N/A. Over the past 5 years the exports of Guinea to Belarus have decreased at an annualized rate of 18.4%,  from $39.3M in 2016 to $445k in 2021.

In 2021, Guinea did not export any services to Belarus.

Comparison: In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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 2021, Belarus exported $270k to Guinea. There were not main exports from Belarus to Guinea in 2021. During the last 5 years the exports of Belarus to Guinea have decreased at an annualized rate of 18.9%, from $772k in 2016 to $270k in 2021.

In 2016, Guinea exported $445k to Belarus. There were not main exports from Guinea to Belarus in 2016. During the last 5 years the exports of Guinea to Belarus have decreased at an annualized rate of 18.4%, from $39.3M in 2021 to $445k in 2016.

Exports from Belarus (Flag) to Guinea (Flag) (2021)

Exports from Guinea (Flag) to Belarus (Flag) (2021)

Market Competitiveness

Color
Belarus
Top DestinationChina$1.6B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Belarus than Guinea included Ukraine ($1.29B), Poland ($933M), and Kazakhstan ($827M).

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

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

Comparative Advantage Belarus - Guinea

Flow
Scale

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

During 2021, Belarus had a large net trade with Guinea in the exports of .

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Guinea+$2.05kRefined Petroleum
Top Product Potential Guinea Belarus+$1.66kCoffee

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.

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Economic Complexity

Competitive Landscape

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

Product Space of Belarus (Flag) and Guinea (Flag) (2021)

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