2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 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
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Guinea-Kazakhstan Trade: In 2023, Guinea exported $1.05k to Kazakhstan. The main products that Guinea exported to Kazakhstan were Seats ($863), Ball Bearings ($174), and Cut Flowers ($10). Over the past 6 years the exports of Guinea to Kazakhstan have decreased at an annualized rate of 37.1%, from $16.9k in 2017 to $1.05k in 2023.

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

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

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $1.05k to Kazakhstan. The main products exported from Guinea to Kazakhstan were Seats ($863), Ball Bearings ($174), and Cut Flowers ($10). During the last 6 years the exports of Guinea to Kazakhstan have decreased at an annualized rate of 37.1%, from $16.9k in 2017 to $1.05k in 2023.

Kazakhstan does not register exports to Guinea. The main products exported from Kazakhstan to Guinea were Electrical Control Boards ($158k), Gas and Liquid Flow Measuring Instruments ($3.47k), and Other Iron Products ($2.5k).

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

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

Latest Data

Trade between Guinea (Flag) and Kazakhstan (Flag)

Kazakhstan Exports

Date

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
Kazakhstan
Top Destination
China$15.2B

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

In 2023, countries that imported more from Guinea than Kazakhstan included United Arab Emirates ($9.05B), India ($1.45B), and Ireland ($99M).

In 2023, countries that imported more from Kazakhstan than Guinea included United Kingdom ($14.3B), Russia ($9.78B), and China ($15.2B).

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

Comparative Advantage Guinea - Kazakhstan

Flow
Scale

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

During 2023, Guinea had a large net trade with Kazakhstan in the exports of Miscellaneous ($863), Machines ($174), and Vegetable Products ($10).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Kazakhstan+$4.92kGold
Top Product Potential Kazakhstan Guinea+$40.6kLiquid Pumps

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

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

Product Space of Guinea (Flag) and Kazakhstan (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with