Guinea (GIN) and Canada (CAN) Trade | The Observatory of Economic Complexity

About

Guinea-Canada Trade: In 2022, Guinea exported $45.6M to Canada. The main products that Guinea exported to Canada were Aluminium Ore ($44.5M), Fish: dried, salted, smoked or in brine ($377k), and Rubber ($156k). Over the past 5 years the exports of Guinea to Canada have increased at an annualized rate of 1.47%, from $42.4M in 2017 to $45.6M in 2022.

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

Canada-Guinea Trade: In 2022, Canada exported $22.4M to Guinea. The main products that Canada exported to Guinea were Cars ($14.8M), Poultry Meat ($2.15M), and Excavation Machinery ($897k). Over the past 5 years the exports of Canada to Guinea have increased at an annualized rate of 6.78%, from $10.2M in 2017 to $22.4M in 2022.

In 2022, Canada 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $45.6M to Canada. The main products exported from Guinea to Canada were Aluminium Ore ($44.5M), Fish: dried, salted, smoked or in brine ($377k), and Rubber ($156k). During the last 5 years the exports of Guinea to Canada have increased at an annualized rate of 1.47%, from $42.4M in 2017 to $45.6M in 2022.

In 2017, Canada exported $22.4M to Guinea. The main products exported from Canada to Guinea were Cars ($14.8M), Poultry Meat ($2.15M), and Excavation Machinery ($897k). During the last 5 years the exports of Canada to Guinea have increased at an annualized rate of 6.78%, from $10.2M in 2022 to $22.4M in 2017.

Exports from Guinea () to Canada () (2022)

Exports from Canada () to Guinea () (2022)

Latest Data

Trade between Guinea () and Canada ()

Canada Exports

Date

Comparative Advantage Guinea - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Canada in the exports of Mineral Products ($44.5M), Animal Products ($392k), and Plastics and Rubbers ($189k).

During 2017, Canada had a large net trade with Guinea in the exports of Transportation ($15M), Machines ($3.37M), and Animal Products ($2.39M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Canada+$5.48MAluminium Ore

Top Product Potential Canada Guinea+N/AN/A

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Canada () (2022)

Exports from Canada () to Guinea () (2022)

Latest Data

Trade between Guinea () and Canada ()

Canada Exports

Comparative Advantage Guinea - Canada

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring