Guinea (GIN) and Mexico (MEX) Trade | The Observatory of Economic Complexity

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Guinea-Mexico Trade: In 2014, Guinea exported $14.8k to Mexico. The main products that Guinea exported to Mexico were N/A. Over the past 5 years the exports of Guinea to Mexico have decreased at an annualized rate of 69.2%, from $5.32M in 2009 to $14.8k in 2014.

In 2014, Guinea did not export any services to Mexico.

Mexico-Guinea Trade: In 2014, Mexico exported $2.31M to Guinea. The main products that Mexico exported to Guinea were N/A. Over the past 5 years the exports of Mexico to Guinea have increased at an annualized rate of 38.9%, from $446k in 2009 to $2.31M in 2014.

In 2014, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2014, Guinea exported $14.8k to Mexico. There were not main exports from Guinea to Mexico in 2014. During the last 5 years the exports of Guinea to Mexico have decreased at an annualized rate of 69.2%, from $5.32M in 2009 to $14.8k in 2014.

In 2014, Mexico exported $2.31M to Guinea. There were not main exports from Mexico to Guinea in 2014. During the last 5 years the exports of Mexico to Guinea have increased at an annualized rate of 38.9%, from $446k in 2019 to $2.31M in 2014.

Exports from Guinea () to Mexico () (2019)

Exports from Mexico () to Guinea () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from Guinea than Mexico included United Arab Emirates ($2.59B), Brunei ($36.8M), and Mauritania ($1.89M).

In 2022, countries that imported more from Mexico than Guinea included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Guinea - Mexico

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2014, Guinea had a large net trade with Mexico in the exports of .

During 2014, Mexico had a large net trade with Guinea in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Mexico+$5.14kGold

Top Product Potential Mexico Guinea+$5.04kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Mexico () (2019)

Exports from Mexico () to Guinea () (2019)

Market Competitiveness

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

Comparative Advantage Guinea - Mexico

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Mexico () (2019)

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