Guinea (GIN) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Guinea-North Macedonia Trade: In 2022, Guinea exported $46 to North Macedonia. The main products that Guinea exported to North Macedonia were Centrifuges ($46). Over the past 6 years the exports of Guinea to North Macedonia have decreased at an annualized rate of 38.8%, from $879 in 2016 to $46 in 2022.

In 2022, Guinea did not export any services to North Macedonia.

North Macedonia-Guinea Trade: In 2022, North Macedonia exported $117k to Guinea. The main products that North Macedonia exported to Guinea were N/A. Over the past 6 years the exports of North Macedonia to Guinea have increased at an annualized rate of 31.9%, from $29.2k in 2016 to $117k in 2022.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $46 to North Macedonia. The main products exported from Guinea to North Macedonia were Centrifuges ($46). During the last 6 years the exports of Guinea to North Macedonia have decreased at an annualized rate of 38.8%, from $879 in 2016 to $46 in 2022.

In 2015, North Macedonia exported $117k to Guinea. There were not main exports from North Macedonia to Guinea in 2015. During the last 5 years the exports of North Macedonia to Guinea have increased at an annualized rate of 31.9%, from $29.2k in 2020 to $117k in 2015.

Exports from Guinea () to North Macedonia () (2022)

Exports from North Macedonia () to Guinea () (2022)

Latest Data

Trade between Guinea () and North Macedonia ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

North Macedonia
Top DestinationGermany$3.96B

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

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

In 2022, countries that imported more from North Macedonia than Guinea included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia () and Guinea () (2022)

Comparative Advantage Guinea - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with North Macedonia in the exports of Machines ($46).

During 2015, North Macedonia 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 North Macedonia+$2.44kGold

Top Product Potential North Macedonia Guinea+$2.34kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to North Macedonia () (2022)

Exports from North Macedonia () to Guinea () (2022)

Latest Data

Trade between Guinea () and North Macedonia ()

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Guinea () (2022)

Comparative Advantage Guinea - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and North Macedonia () (2022)

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