2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

China-Guinea Trade: In 2022, China exported $2.28B to Guinea. The main products that China exported to Guinea were Delivery Trucks ($77.8M), Rubber Footwear ($65.5M), and Large Construction Vehicles ($64.9M). Over the past 5 years the exports of China to Guinea have increased at an annualized rate of 13%, from $1.24B in 2017 to $2.28B in 2022.

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

Guinea-China Trade: In 2022, Guinea exported $3.81B to China. The main products that Guinea exported to China were Aluminium Ore ($3.79B), Iron Ore ($19.7M), and Raw Aluminium ($2.21M). Over the past 5 years the exports of Guinea to China have increased at an annualized rate of 8.82%,  from $1.27B in 2017 to $3.81B in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $2.28B to Guinea. The main products exported from China to Guinea were Delivery Trucks ($77.8M), Rubber Footwear ($65.5M), and Large Construction Vehicles ($64.9M). During the last 5 years the exports of China to Guinea have increased at an annualized rate of 13%, from $1.24B in 2017 to $2.28B in 2022.

In 2017, Guinea exported $3.81B to China. The main products exported from Guinea to China were Aluminium Ore ($3.79B), Iron Ore ($19.7M), and Raw Aluminium ($2.21M). During the last 5 years the exports of Guinea to China have increased at an annualized rate of 8.82%, from $1.27B in 2022 to $3.81B in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
N/AN/A
Guinea
Top Destination
N/AN/A

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.

N/A

N/A

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

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 2022, China had a large net trade with Guinea in the exports of Machines ($502M), Metals ($414M), and Transportation ($335M).

During 2017, Guinea had a large net trade with China in the exports of Mineral Products ($3.81B), Metals ($4.23M), and Instruments ($36.4k).

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) (2022)

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