Guinea (GIN) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

About

Guinea-Ecuador Trade: In 2022, Guinea exported $79 to Ecuador. The main products that Guinea exported to Ecuador were Other toys ($79). Over the past 5 years the exports of Guinea to Ecuador have decreased at an annualized rate of 13.8%, from $166 in 2017 to $79 in 2022.

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

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

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $79 to Ecuador. The main products exported from Guinea to Ecuador were Other toys ($79). During the last 5 years the exports of Guinea to Ecuador have decreased at an annualized rate of 13.8%, from $166 in 2017 to $79 in 2022.

Ecuador does not register exports to Guinea. The main products exported from Ecuador to Guinea were Rice ($38k).

Exports from Guinea () to Ecuador () (2022)

Exports from Ecuador () to Guinea () (2022)

Latest Data

Trade between Guinea () and Ecuador ()

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Guinea than Ecuador included United Arab Emirates ($2.59B), India ($2.77B), and Ireland ($90.5M).

In 2022, countries that imported more from Ecuador than Guinea included United States ($9.86B), Panama ($4.97B), and China ($6.17B).

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

Comparative Advantage Guinea - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Ecuador in the exports of Miscellaneous ($79).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Ecuador+$2.23kRefined Petroleum

Top Product Potential Ecuador Guinea+$3.59kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Ecuador () (2022)

Exports from Ecuador () to Guinea () (2022)

Latest Data

Trade between Guinea () and Ecuador ()

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Guinea - Ecuador

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 Ecuador () (2022)

Keep Exploring