Guinea (GIN) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Guinea-Colombia Trade: In 2021, Guinea exported $221 to Colombia. The main products that Guinea exported to Colombia were N/A. Over the past 8 years the exports of Guinea to Colombia have decreased at an annualized rate of 65.7%, from $1.16M in 2013 to $221 in 2021.

In 2021, Guinea did not export any services to Colombia.

Colombia-Guinea Trade: In 2021, Colombia exported $1.77M to Guinea. The main products that Colombia exported to Guinea were Confectionery Sugar ($1.54M), Baked Goods ($228k), and Knit T-shirts ($148). Over the past 8 years the exports of Colombia to Guinea have decreased at an annualized rate of 25.6%, from $7.74M in 2013 to $1.77M in 2021.

In 2021, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Guinea exported $221 to Colombia. There were not main exports from Guinea to Colombia in 2021. During the last 8 years the exports of Guinea to Colombia have decreased at an annualized rate of 65.7%, from $1.16M in 2013 to $221 in 2021.

In 2017, Colombia exported $1.77M to Guinea. The main products exported from Colombia to Guinea were Confectionery Sugar ($1.54M), Baked Goods ($228k), and Knit T-shirts ($148). During the last 5 years the exports of Colombia to Guinea have decreased at an annualized rate of 25.6%, from $7.74M in 2022 to $1.77M in 2017.

Exports from Guinea () to Colombia () (2022)

Exports from Colombia () to Guinea () (2022)

Latest Data

Trade between Guinea () and Colombia ()

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Guinea than Colombia included United Arab Emirates ($2.59B), China ($3.81B), and India ($2.77B).

In 2022, countries that imported more from Colombia than Guinea included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Guinea - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Guinea had a large net trade with Colombia in the exports of .

During 2017, Colombia had a large net trade with Guinea in the exports of Foodstuffs ($1.77M), Textiles ($232), and Paper Goods ($145).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Colombia+$2.67kRefined Petroleum

Top Product Potential Colombia Guinea+$166kBaked Goods

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Colombia () (2022)

Exports from Colombia () to Guinea () (2022)

Latest Data

Trade between Guinea () and Colombia ()

Colombia Exports

Market Competitiveness

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

Comparative Advantage Guinea - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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