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2023
Flag → Flag
Exports $2.64BRnk 99 / 208
2023
Flag → Flag
Top Product $113MLarge Construction Vehicles
2023
Flag → Flag
Exports $6.41BRnk 2 / 109
2023
Flag → Flag
Top Product $6.39BAluminium Ore
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

China-Guinea Trade: In 2023, China exported $2.64B to Guinea. The main products that China exported to Guinea were Large Construction Vehicles ($113M), Delivery Trucks ($92.4M), and Rubber Footwear ($90.5M). Over the past 5 years the exports of China to Guinea have increased at an annualized rate of 14.3%, from $1.35B in 2018 to $2.64B in 2023.

In 2023, China did not export any services to Guinea.

Guinea-China Trade: In 2023, Guinea exported $6.41B to China. The main products that Guinea exported to China were Aluminium Ore ($6.39B), Rough Wood ($11.3M), and Refined Copper ($7.25M). Over the past 5 years the exports of Guinea to China have increased at an annualized rate of 24%,  from $2.19B in 2018 to $6.41B in 2023.

In 2023, Guinea did not export any services to China.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $500M and imported $762M from Guinea, resulting in a negative trade balance of $261M. Between December 2023 and December 2024 the exports of China have increased by $202M (67.6%) from $298M to $500M, while imports increased by $212M (38.5%) from $550M to $762M.

Trade In December 2024, the top exports of China to Guinea were Delivery Trucks ($31M), Special Purpose Ships ($26.5M), Large Construction Vehicles ($16.9M), Telephones ($13.8M), and Railway Freight Cars ($13.7M). In December 2024 the top imports of China from Guinea were Aluminium Ore ($618M), Refined Copper ($1.25M), Raw Aluminium ($918k), Rough Wood ($881k), and Plastic Lids ($43.7k).

Origins In December 2024 the exports of China were mainly from Shandong Province ($95.2M), Beijing ($53M), Zhejiang Province ($46.4M), Jiangsu Province ($43.4M), and Guangdong Province ($41.3M), while imports destinations were mainly Shandong Province ($439M), Hebei Province ($123M), Shanghai Province ($54.1M), Guangdong Province ($36.2M), and Shanxi Province ($22.5M).

Growth In December 2024, the increase in China's year-by-year exports to Guinea was explained primarily by an increase in product exports in Delivery Trucks ($25.7M or 489%), Telephones ($10M or 268%), and Large Construction Vehicles ($8.8M or 108%). In December 2024, the increase in China's year-by-year imports  from Guinea was explained primarily by an increase in product imports  in Aluminium Ore ($4.8M or 0.78%), Refined Copper ($591k or 89.9%), and Raw Aluminium ($498k or 119%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$202M(67.6%)
IMPORT GROWTH (December 2023 - December 2024)$212M(38.5%)
MAIN EXPORTER (December 2024)Shandong Province$95.2M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Guinea and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guinea and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $2.64B to Guinea. The main products exported from China to Guinea were Large Construction Vehicles ($113M), Delivery Trucks ($92.4M), and Rubber Footwear ($90.5M). During the last 5 years the exports of China to Guinea have increased at an annualized rate of 14.3%, from $1.35B in 2018 to $2.64B in 2023.

In 2018, Guinea exported $6.41B to China. The main products exported from Guinea to China were Aluminium Ore ($6.39B), Rough Wood ($11.3M), and Refined Copper ($7.25M). During the last 5 years the exports of Guinea to China have increased at an annualized rate of 24%, from $2.19B in 2023 to $6.41B in 2018.

Exports from China (Flag) to Guinea (Flag) (2023)

Exports from Guinea (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from China than Guinea included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, no countries were registered that imported more from Guinea than from China.

Difference in imports from Guinea (Flag) and China (Flag) (2023)

Comparative Advantage China - Guinea

Flow
Scale

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

During 2023, China had a large net trade with Guinea in the exports of Machines ($662M), Metals ($410M), and Transportation ($371M).

During 2018, Guinea had a large net trade with China in the exports of Mineral Products ($6.39B), Metals ($12.5M), and Wood Products ($11.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Guinea+$29.8MTelephones
Top Product Potential Guinea China+$35.2MIron Ore

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

Product Space of China (Flag) and Guinea (Flag) (2023)

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