2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP GROWTH
35.9%CURRENT US$
Rnk 102 / 195
2023
Flag
GDP PC 
$1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC
$7,820CURRENT US$
Rnk 99 / 196
2013-2023
Flag
GDP PC GROWTH
17.3%CURRENT US$
Rnk 110 / 195

About

Guinea-Botswana Trade: In 2023, Guinea exported $1 to Botswana. The main products that Guinea exported to Botswana were Blank Audio Media ($1). Over the past 7 years the exports of Guinea to Botswana have decreased at an annualized rate of 76.6%, from $26.4k in 2016 to $1 in 2023.

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

Botswana-Guinea Trade: In 2023, Botswana exported $480 to Guinea. The main products that Botswana exported to Guinea were N/A. Over the past 7 years the exports of Botswana to Guinea have decreased at an annualized rate of 22.4%,  from $1.71k in 2016 to $480 in 2023.

In 2023, Botswana 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, Botswana ranked 80 in the Economic Complexity Index (ECI -0.41), and 122 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $1 to Botswana. The main products exported from Guinea to Botswana were Blank Audio Media ($1). During the last 7 years the exports of Guinea to Botswana have decreased at an annualized rate of 76.6%, from $26.4k in 2016 to $1 in 2023.

In 2017, Botswana exported $480 to Guinea. There were not main exports from Botswana to Guinea in 2017. During the last 5 years the exports of Botswana to Guinea have decreased at an annualized rate of 22.4%, from $1.71k in 2022 to $480 in 2017.

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

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

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
Botswana
Top Destination
United Arab Emirates$1.81B

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

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

In 2023, countries that imported more from Botswana than Guinea included Belgium ($1.08B), South Africa ($548M), and United States ($459M).

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

Comparative Advantage Guinea - Botswana

Flow
Scale

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

During 2023, Guinea had a large net trade with Botswana in the exports of Machines ($1).

During 2017, Botswana had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Botswana+$1.86kDiamonds
Top Product Potential Botswana Guinea+$1.75kInsulated Wire

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

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

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