2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Estonia-Guinea Trade: In 2023, Estonia exported $282k to Guinea. The main products that Estonia exported to Guinea were Waterproof Footwear ($118k), Delivery Trucks ($117k), and Trailers and semi-trailers, not mechanically propelled vehicles ($28.6k). Over the past 5 years the exports of Estonia to Guinea have increased at an annualized rate of 15%, from $140k in 2018 to $282k in 2023.

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

Guinea-Estonia Trade: In 2023, Guinea exported $15.9k to Estonia. The main products that Guinea exported to Estonia were Cocoa Beans ($15.9k). Over the past 5 years the exports of Guinea to Estonia have decreased at an annualized rate of 20.9%,  from $51.3k in 2018 to $15.9k in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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
Value

In 2023, Estonia exported $282k to Guinea. The main products exported from Estonia to Guinea were Waterproof Footwear ($118k), Delivery Trucks ($117k), and Trailers and semi-trailers, not mechanically propelled vehicles ($28.6k). During the last 5 years the exports of Estonia to Guinea have increased at an annualized rate of 15%, from $140k in 2018 to $282k in 2023.

In 2018, Guinea exported $15.9k to Estonia. The main products exported from Guinea to Estonia were Cocoa Beans ($15.9k). During the last 5 years the exports of Guinea to Estonia have decreased at an annualized rate of 20.9%, from $51.3k in 2023 to $15.9k in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Guinea (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Guinea
Top Destination
United Arab Emirates$9.05B

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

In 2023, countries that imported more from Estonia than Guinea included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

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

Comparative Advantage Estonia - Guinea

Flow
Scale

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

During 2023, Estonia had a large net trade with Guinea in the exports of Transportation ($152k), Footwear and Headwear ($118k), and Instruments ($6.46k).

During 2018, Guinea had a large net trade with Estonia in the exports of Foodstuffs ($15.9k).

Economic Complexity

Competitive Landscape

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

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

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