Czechia (CZE) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Czechia-Guinea Trade: In 2023, Czechia exported $2.88M to Guinea. The main products that Czechia exported to Guinea were Computers ($937k), Detonating Fuses ($795k), and Electrical Ignitions ($289k). Over the past 5 years the exports of Czechia to Guinea have increased at an annualized rate of 2.32%, from $2.57M in 2018 to $2.88M in 2023.

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

Guinea-Czechia Trade: In 2023, Guinea exported $1.09M to Czechia. The main products that Guinea exported to Czechia were Coffee ($568k), Processed Fish ($157k), and Other Processed Fruits and Nuts ($122k). Over the past 5 years the exports of Guinea to Czechia have increased at an annualized rate of 45.1%, from $169k in 2018 to $1.09M in 2023.

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

Comparison: In 2023, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Czechia exported $2.88M to Guinea. The main products exported from Czechia to Guinea were Computers ($937k), Detonating Fuses ($795k), and Electrical Ignitions ($289k). During the last 5 years the exports of Czechia to Guinea have increased at an annualized rate of 2.32%, from $2.57M in 2018 to $2.88M in 2023.

In 2018, Guinea exported $1.09M to Czechia. The main products exported from Guinea to Czechia were Coffee ($568k), Processed Fish ($157k), and Other Processed Fruits and Nuts ($122k). During the last 5 years the exports of Guinea to Czechia have increased at an annualized rate of 45.1%, from $169k in 2023 to $1.09M in 2018.

Exports from Czechia () to Guinea () (2023)

Exports from Guinea () to Czechia () (2023)

Latest Data

Trade between Czechia () and Guinea ()

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Czechia
Top DestinationGermany$64.2B

Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Czechia than Guinea included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Guinea than Czechia included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

Difference in imports from Guinea () and Czechia () (2023)

Comparative Advantage Czechia - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Czechia had a large net trade with Guinea in the exports of Machines ($1.46M), Chemical Products ($814k), and Animal Products ($251k).

During 2018, Guinea had a large net trade with Czechia in the exports of Vegetable Products ($636k), Foodstuffs ($431k), and Precious Metals ($17.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Czechia Guinea+$637kComputers

Top Product Potential Guinea Czechia+$850kGold

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Czechia () to Guinea () (2023)

Exports from Guinea () to Czechia () (2023)

Latest Data

Trade between Czechia () and Guinea ()

Czechia Exports

Market Competitiveness

Difference in imports from Guinea () and Czechia () (2023)

Comparative Advantage Czechia - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Czechia () and Guinea () (2023)

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