2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Guinea-Estonia Trade: In 2022, Guinea exported $325k to Estonia. The main products that Guinea exported to Estonia were Cocoa Beans ($323k), Frozen Fruits and Nuts ($1.57k), and Frozen Vegetables ($190). Over the past 7 years the exports of Guinea to Estonia have decreased at an annualized rate of 37.5%, from $8.72M in 2015 to $325k in 2022.

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

Estonia-Guinea Trade: In 2022, Estonia exported $41k to Guinea. The main products that Estonia exported to Guinea were Other Headwear ($9.13k), Centrifuges ($5.11k), and Low-voltage Protection Equipment ($4.13k). Over the past 7 years the exports of Estonia to Guinea have decreased at an annualized rate of 47.5%,  from $1.03M in 2015 to $41k in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $325k to Estonia. The main products exported from Guinea to Estonia were Cocoa Beans ($323k), Frozen Fruits and Nuts ($1.57k), and Frozen Vegetables ($190). During the last 7 years the exports of Guinea to Estonia have decreased at an annualized rate of 37.5%, from $8.72M in 2015 to $325k in 2022.

In 2017, Estonia exported $41k to Guinea. The main products exported from Estonia to Guinea were Other Headwear ($9.13k), Centrifuges ($5.11k), and Low-voltage Protection Equipment ($4.13k). During the last 5 years the exports of Estonia to Guinea have decreased at an annualized rate of 47.5%, from $1.03M in 2022 to $41k in 2017.

Exports from Guinea (Flag) to Estonia (Flag) (2022)

Exports from Estonia (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Estonia
Top Destination
Finland$3B

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

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

In 2022, countries that imported more from Estonia than Guinea included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

Difference in imports from Estonia (Flag) and Guinea (Flag) (2022)

Comparative Advantage Guinea - Estonia

Flow
Scale

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

During 2022, Guinea had a large net trade with Estonia in the exports of Foodstuffs ($323k) and Vegetable Products ($1.76k).

During 2017, Estonia had a large net trade with Guinea in the exports of Machines ($17.7k), Footwear and Headwear ($10.8k), and Plastics and Rubbers ($5.84k).

Economic Complexity

Competitive Landscape

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

Product Space of Guinea (Flag) and Estonia (Flag) (2022)

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