Guinea (GIN) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Guinea-Greece Trade: In 2023, Guinea exported $11.4M to Greece. The main products that Guinea exported to Greece were Aluminium Ore ($11.4M), Coffee ($28.5k), and Engine Parts ($11k). Over the past 5 years the exports of Guinea to Greece have increased at an annualized rate of 41.2%, from $2.04M in 2018 to $11.4M in 2023.

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

Greece-Guinea Trade: In 2023, Greece exported $27.5M to Guinea. The main products that Greece exported to Guinea were Refined Petroleum ($24.7M), Cement ($939k), and Metal Stoppers ($476k). Over the past 5 years the exports of Greece to Guinea have increased at an annualized rate of 27.9%, from $1.12M in 2018 to $27.5M in 2023.

In 2023, Greece 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guinea exported $11.4M to Greece. The main products exported from Guinea to Greece were Aluminium Ore ($11.4M), Coffee ($28.5k), and Engine Parts ($11k). During the last 5 years the exports of Guinea to Greece have increased at an annualized rate of 41.2%, from $2.04M in 2018 to $11.4M in 2023.

In 2018, Greece exported $27.5M to Guinea. The main products exported from Greece to Guinea were Refined Petroleum ($24.7M), Cement ($939k), and Metal Stoppers ($476k). During the last 5 years the exports of Greece to Guinea have increased at an annualized rate of 27.9%, from $1.12M in 2023 to $27.5M in 2018.

Exports from Guinea () to Greece () (2023)

Exports from Greece () to Guinea () (2023)

Latest Data

Trade between Guinea () and Greece ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationUnited Arab Emirates$9.05B

Greece
Top DestinationItaly$6.21B

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

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

In 2023, countries that imported more from Greece than Guinea included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

Difference in imports from Greece () and Guinea () (2023)

Comparative Advantage Guinea - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Guinea had a large net trade with Greece in the exports of Mineral Products ($11.4M), Vegetable Products ($28.5k), and Machines ($12.7k).

During 2018, Greece had a large net trade with Guinea in the exports of Mineral Products ($25.7M), Machines ($539k), and Metals ($524k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Greece+$1.86MAluminium Ore

Top Product Potential Greece Guinea+$166kPoultry Meat

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Greece () (2023)

Exports from Greece () to Guinea () (2023)

Latest Data

Trade between Guinea () and Greece ()

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Guinea () (2023)

Comparative Advantage Guinea - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Greece () (2023)

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