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2023
Flag → Flag
Exports $270Rnk 95 / 109
2023
Flag → Flag
Top Product $270Rubber Belting
2023
Flag → Flag
Exports $5.5kRnk 12 / 0
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Guinea-Dominican Republic Trade: In 2023, Guinea exported $270 to Dominican Republic. The main products that Guinea exported to Dominican Republic were Rubber Belting ($270). Over the past 11 years the exports of Guinea to Dominican Republic have decreased at an annualized rate of 7.78%, from $658 in 2012 to $270 in 2023.

In 2023, Guinea did not export any services to Dominican Republic.

Dominican Republic-Guinea Trade: In 2023, Dominican Republic exported $5.5k to Guinea. The main products that Dominican Republic exported to Guinea were N/A. Over the past 11 years the exports of Dominican Republic to Guinea have decreased at an annualized rate of 61.1%,  from $621k in 2012 to $5.5k in 2023.

In 2023, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $270 to Dominican Republic. The main products exported from Guinea to Dominican Republic were Rubber Belting ($270). During the last 11 years the exports of Guinea to Dominican Republic have decreased at an annualized rate of 7.78%, from $658 in 2012 to $270 in 2023.

In 2017, Dominican Republic exported $5.5k to Guinea. There were not main exports from Dominican Republic to Guinea in 2017. During the last 5 years the exports of Dominican Republic to Guinea have decreased at an annualized rate of 61.1%, from $621k in 2022 to $5.5k in 2017.

Exports from Guinea (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to Guinea (Flag) (2023)

Latest Data

Trade between Guinea (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Guinea
Top DestinationUnited Arab Emirates$9.05B
Dominican Republic
Top DestinationUnited States$7.08B

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

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

In 2023, countries that imported more from Dominican Republic than Guinea included United States ($7.08B), Haiti ($856M), and Switzerland ($885M).

Difference in imports from Dominican Republic (Flag) and Guinea (Flag) (2023)

Comparative Advantage Guinea - Dominican Republic

Flow
Scale

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

During 2023, Guinea had a large net trade with Dominican Republic in the exports of Plastics and Rubbers ($270).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Dominican Republic+$4.08kGold
Top Product Potential Dominican Republic Guinea+$2.54kRolled Tobacco

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

Product Space of Guinea (Flag) and Dominican Republic (Flag) (2023)

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