Guinea (GIN) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Guinea-Brazil Trade: In 2022, Guinea exported $1.72k to Brazil. The main products that Guinea exported to Brazil were Vacuum Cleaners ($924), Iron Structures ($398), and Plastic Pipes ($162). Over the past 5 years the exports of Guinea to Brazil have decreased at an annualized rate of 82.6%, from $10.8M in 2017 to $1.72k in 2022.

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

Brazil-Guinea Trade: In 2022, Brazil exported $111M to Guinea. The main products that Brazil exported to Guinea were Raw Sugar ($85M), Poultry Meat ($13.4M), and Other Prepared Meat ($2.76M). Over the past 5 years the exports of Brazil to Guinea have increased at an annualized rate of 14.6%, from $55.9M in 2017 to $111M in 2022.

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

Comparison: In 2022, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $1.72k to Brazil. The main products exported from Guinea to Brazil were Vacuum Cleaners ($924), Iron Structures ($398), and Plastic Pipes ($162). During the last 5 years the exports of Guinea to Brazil have decreased at an annualized rate of 82.6%, from $10.8M in 2017 to $1.72k in 2022.

In 2017, Brazil exported $111M to Guinea. The main products exported from Brazil to Guinea were Raw Sugar ($85M), Poultry Meat ($13.4M), and Other Prepared Meat ($2.76M). During the last 5 years the exports of Brazil to Guinea have increased at an annualized rate of 14.6%, from $55.9M in 2022 to $111M in 2017.

Exports from Guinea () to Brazil () (2022)

Exports from Brazil () to Guinea () (2022)

Latest Data

Trade between Guinea () and Brazil ()

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Guinea than Brazil included Brunei ($36.8M).

In 2022, countries that imported more from Brazil than Guinea included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

Difference in imports from Brazil () and Guinea () (2022)

Comparative Advantage Guinea - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Brazil in the exports of Machines ($924), Metals ($589), and Plastics and Rubbers ($162).

During 2017, Brazil had a large net trade with Guinea in the exports of Foodstuffs ($92.9M), Animal Products ($14.8M), and Paper Goods ($973k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Brazil+$4.02kRefined Petroleum

Top Product Potential Brazil Guinea+$3.85MPoultry Meat

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Brazil () (2022)

Exports from Brazil () to Guinea () (2022)

Latest Data

Trade between Guinea () and Brazil ()

Brazil Exports

Market Competitiveness

Difference in imports from Brazil () and Guinea () (2022)

Comparative Advantage Guinea - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Brazil () (2022)

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