2023
Flag  
GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
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GDP GROWTH
244%CURRENT US$
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2023
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 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC 
$1,272CURRENT US$
Rnk 172 / 195
2013-2023
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GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195
2023
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GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
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GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Ethiopia-Guinea Trade: In 2022, Ethiopia exported $46.2k to Guinea. The main products that Ethiopia exported to Guinea were N/A. Over the past 5 years the exports of Ethiopia to Guinea have increased at an annualized rate of 27.9%, from $13.5k in 2017 to $46.2k in 2022.

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

Guinea-Ethiopia Trade: In 2022, Guinea exported $402k to Ethiopia. The main products that Guinea exported to Ethiopia were Other live plants, cuttings and slips; mushroom spawn ($366k), Transmissions ($23.9k), and Brochures ($5.37k). Over the past 5 years the exports of Guinea to Ethiopia have increased at an annualized rate of 517%,  from $45 in 2017 to $402k in 2022.

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

Comparison: In 2023,  Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). 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 2022, Ethiopia exported $46.2k to Guinea. There were not main exports from Ethiopia to Guinea in 2022. During the last 5 years the exports of Ethiopia to Guinea have increased at an annualized rate of 27.9%, from $13.5k in 2017 to $46.2k in 2022.

In 2018, Guinea exported $402k to Ethiopia. The main products exported from Guinea to Ethiopia were Other live plants, cuttings and slips; mushroom spawn ($366k), Transmissions ($23.9k), and Brochures ($5.37k). During the last 5 years the exports of Guinea to Ethiopia have increased at an annualized rate of 517%, from $45 in 2023 to $402k in 2018.

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

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

Latest Data

Trade between Ethiopia (Flag) and Guinea (Flag)

Ethiopia Exports

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
Guinea
Top Destination
United Arab Emirates$9.05B

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

In 2023, countries that imported more from Ethiopia than Guinea included United States ($487M), Saudi Arabia ($304M), and Djibouti ($155M).

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

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

Comparative Advantage Ethiopia - Guinea

Flow
Scale

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

During 2022, Ethiopia had a large net trade with Guinea in the exports of .

During 2018, Guinea had a large net trade with Ethiopia in the exports of Vegetable Products ($366k), Machines ($24.1k), and Paper Goods ($5.38k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Guinea+$32.2kAir Pumps
Top Product Potential Guinea Ethiopia+$3.32kGold

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

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

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