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2015
Flag → Flag
Exports $399kRnk 149 / 0
2015
Flag → Flag
Exports $574kRnk 91 / 0
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC $1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195

About

Guinea-Bangladesh Trade: In 2015, Guinea exported $399k to Bangladesh. The main products that Guinea exported to Bangladesh were N/A. Over the past 6 years the exports of Guinea to Bangladesh have increased at an annualized rate of 267%, from $164 in 2009 to $399k in 2015.

In 2015, Guinea did not export any services to Bangladesh.

Bangladesh-Guinea Trade: In 2015, Bangladesh exported $574k to Guinea. The main products that Bangladesh exported to Guinea were N/A. Over the past 6 years the exports of Bangladesh to Guinea have decreased at an annualized rate of 9.7%,  from $955k in 2009 to $574k in 2015.

In 2015, Bangladesh did not export any services to Guinea.

Comparison: In 2023,  Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B). That same year, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2015, Guinea exported $399k to Bangladesh. There were not main exports from Guinea to Bangladesh in 2015. During the last 6 years the exports of Guinea to Bangladesh have increased at an annualized rate of 267%, from $164 in 2009 to $399k in 2015.

In 2011, Bangladesh exported $574k to Guinea. There were not main exports from Bangladesh to Guinea in 2011. During the last 5 years the exports of Bangladesh to Guinea have decreased at an annualized rate of 9.7%, from $955k in 2016 to $574k in 2011.

Exports from Guinea (Flag) to Bangladesh (Flag) (2016)

Exports from Bangladesh (Flag) to Guinea (Flag) (2016)

Market Competitiveness

Color
Guinea
Top DestinationUnited Arab Emirates$9.05B
Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Guinea than Bangladesh included United Arab Emirates ($9.05B), China ($6.41B), and Liberia ($10.4M).

In 2023, countries that imported more from Bangladesh than Guinea included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

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

Comparative Advantage Guinea - Bangladesh

Flow
Scale

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

During 2015, Guinea had a large net trade with Bangladesh in the exports of .

During 2011, Bangladesh had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Bangladesh+$6.15kGold
Top Product Potential Bangladesh Guinea+$3.15kNon-Knit Men's Suits

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

Product Space of Guinea (Flag) and Bangladesh (Flag) (2016)

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