Guinea (GIN) and China (CHN) Trade | The Observatory of Economic Complexity

About

Guinea-China Trade: In 2023, Guinea exported $6.41B to China. The main products that Guinea exported to China were Aluminium Ore ($6.39B), Rough Wood ($11.3M), and Refined Copper ($7.25M). Over the past 5 years the exports of Guinea to China have increased at an annualized rate of 24%, from $2.19B in 2018 to $6.41B in 2023.

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

China-Guinea In N/A, China did not export any products to Guinea.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guinea exported $6.41B to China. The main products exported from Guinea to China were Aluminium Ore ($6.39B), Rough Wood ($11.3M), and Refined Copper ($7.25M). During the last 5 years the exports of Guinea to China have increased at an annualized rate of 24%, from $2.19B in 2018 to $6.41B in 2023.

China does not register exports to Guinea. The main products exported from China to Guinea were Large Construction Vehicles ($113M), Delivery Trucks ($92.4M), and Rubber Footwear ($90.5M).

Exports from Guinea () to China () (2023)

Exports from China () to Guinea () (2023)

Latest Data

Trade between Guinea () and China ()

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationUnited Arab Emirates$9.05B

China
Top DestinationUnited States$436B

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

In 2023, no countries were registered that imported more from Guinea than from China.

In 2023, countries that imported more from China than Guinea included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China () and Guinea () (2023)

Comparative Advantage Guinea - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Guinea had a large net trade with China in the exports of Mineral Products ($6.39B), Metals ($12.5M), and Wood Products ($11.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea China+$35.2MIron Ore

Top Product Potential China Guinea+$29.8MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to China () (2023)

Exports from China () to Guinea () (2023)

Latest Data

Trade between Guinea () and China ()

China Exports

Market Competitiveness

Difference in imports from China () and Guinea () (2023)

Comparative Advantage Guinea - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and China () (2023)

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