Guinea (GIN) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Guinea-Malaysia Trade: In 2022, Guinea exported $12.1M to Malaysia. The main products that Guinea exported to Malaysia were Cocoa Beans ($9.29M), Rubber ($2.68M), and Fermented Milk Products ($97.5k). Over the past 5 years the exports of Guinea to Malaysia have increased at an annualized rate of 1.97%, from $11M in 2017 to $12.1M in 2022.

In 2022, Guinea did not export any services to Malaysia.

Malaysia-Guinea Trade: In 2022, Malaysia exported $48.6M to Guinea. The main products that Malaysia exported to Guinea were Palm Oil ($33.8M), Stearic Acid ($4.93M), and Documents of title (bonds etc) and unused stamps ($4.56M). Over the past 5 years the exports of Malaysia to Guinea have decreased at an annualized rate of 1.25%, from $51.8M in 2017 to $48.6M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $12.1M to Malaysia. The main products exported from Guinea to Malaysia were Cocoa Beans ($9.29M), Rubber ($2.68M), and Fermented Milk Products ($97.5k). During the last 5 years the exports of Guinea to Malaysia have increased at an annualized rate of 1.97%, from $11M in 2017 to $12.1M in 2022.

In 2017, Malaysia exported $48.6M to Guinea. The main products exported from Malaysia to Guinea were Palm Oil ($33.8M), Stearic Acid ($4.93M), and Documents of title (bonds etc) and unused stamps ($4.56M). During the last 5 years the exports of Malaysia to Guinea have decreased at an annualized rate of 1.25%, from $51.8M in 2022 to $48.6M in 2017.

Exports from Guinea () to Malaysia () (2022)

Exports from Malaysia () to Guinea () (2022)

Latest Data

Trade between Guinea () and Malaysia ()

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationN/AN/A

Malaysia
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Guinea - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Malaysia in the exports of Foodstuffs ($9.29M), Plastics and Rubbers ($2.68M), and Animal Products ($157k).

During 2017, Malaysia had a large net trade with Guinea in the exports of Animal and Vegetable Bi-Products ($38.8M), Paper Goods ($6.46M), and Machines ($1.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Malaysia+$1.8MRubber

Top Product Potential Malaysia Guinea+$494kMalt Extract

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Malaysia () (2022)

Exports from Malaysia () to Guinea () (2022)

Latest Data

Trade between Guinea () and Malaysia ()

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Guinea - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Malaysia () (2022)

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