Guinea (GIN) and Nepal (NPL) Trade | The Observatory of Economic Complexity

About

Guinea-Nepal Trade: In 2022, Guinea exported $2.67k to Nepal. The main products that Guinea exported to Nepal were Gold ($1.96k), Industrial Printers ($393), and Non-Knit Women's Shirts ($312). Over the past 5 years the exports of Guinea to Nepal have decreased at an annualized rate of 21.2%, from $8.79k in 2017 to $2.67k in 2022.

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

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

In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $2.67k to Nepal. The main products exported from Guinea to Nepal were Gold ($1.96k), Industrial Printers ($393), and Non-Knit Women's Shirts ($312). During the last 5 years the exports of Guinea to Nepal have decreased at an annualized rate of 21.2%, from $8.79k in 2017 to $2.67k in 2022.

Nepal does not register exports to Guinea. The main products exported from Nepal to Guinea were Vaccines, blood, antisera, toxins and cultures ($194k).

Exports from Guinea () to Nepal () (2022)

Exports from Nepal () to Guinea () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Nepal
Top DestinationIndia$956M

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

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

In 2022, countries that imported more from Nepal than Guinea included United States ($152M), United Kingdom ($26.2M), and Singapore ($25.5M).

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

Comparative Advantage Guinea - Nepal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Nepal in the exports of Precious Metals ($1.96k), Machines ($393), and Textiles ($312).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Nepal+$38.6kGold

Top Product Potential Nepal Guinea+$1.72kPalm Oil

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Nepal () (2022)

Exports from Nepal () to Guinea () (2022)

Market Competitiveness

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

Comparative Advantage Guinea - Nepal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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