2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC 
$1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC
$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195

About

Guinea-Estonia Trade: In 2023, Guinea exported $15.9k to Estonia. The main products that Guinea exported to Estonia were Cocoa Beans ($15.9k). Over the past 7 years the exports of Guinea to Estonia have decreased at an annualized rate of 53.2%, from $3.23M in 2016 to $15.9k in 2023.

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

Estonia-Guinea Trade: In 2023, Estonia exported $282k to Guinea. The main products that Estonia exported to Guinea were Waterproof Footwear ($118k), Delivery Trucks ($117k), and Trailers and semi-trailers, not mechanically propelled vehicles ($28.6k). Over the past 7 years the exports of Estonia to Guinea have increased at an annualized rate of 15%,  from $140k in 2016 to $282k in 2023.

In 2023, Estonia 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, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $15.9k to Estonia. The main products exported from Guinea to Estonia were Cocoa Beans ($15.9k). During the last 7 years the exports of Guinea to Estonia have decreased at an annualized rate of 53.2%, from $3.23M in 2016 to $15.9k in 2023.

In 2018, Estonia exported $282k to Guinea. The main products exported from Estonia to Guinea were Waterproof Footwear ($118k), Delivery Trucks ($117k), and Trailers and semi-trailers, not mechanically propelled vehicles ($28.6k). During the last 5 years the exports of Estonia to Guinea have increased at an annualized rate of 15%, from $140k in 2023 to $282k in 2018.

Exports from Guinea (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Guinea (Flag) (2023)

Latest Data

Trade between Guinea (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
Estonia
Top Destination
Finland$2.71B

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

In 2023, countries that imported more from Estonia than Guinea included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Guinea (Flag) (2023)

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 2023, Guinea had a large net trade with Estonia in the exports of Foodstuffs ($15.9k).

During 2018, Estonia had a large net trade with Guinea in the exports of Transportation ($152k), Footwear and Headwear ($118k), and Instruments ($6.46k).

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) (2023)

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