2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
 GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

Guinea-New Zealand Trade: In 2022, Guinea exported $69.5k to New Zealand. The main products that Guinea exported to New Zealand were Self-adhesive Plastics ($33k), Abrasive Powder ($29.8k), and Other Plastic Products ($2.7k). Over the past 5 years the exports of Guinea to New Zealand have decreased at an annualized rate of 27.6%, from $349k in 2017 to $69.5k in 2022.

In 2022, Guinea did not export any services to New Zealand.

New Zealand-Guinea Trade: In 2022, New Zealand exported $459k to Guinea. The main products that New Zealand exported to Guinea were Non-fillet Frozen Fish ($330k), Stone Processing Machines ($119k), and Other Ores ($5.76k). Over the past 5 years the exports of New Zealand to Guinea have decreased at an annualized rate of 20.2%,  from $1.42M in 2017 to $459k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $69.5k to New Zealand. The main products exported from Guinea to New Zealand were Self-adhesive Plastics ($33k), Abrasive Powder ($29.8k), and Other Plastic Products ($2.7k). During the last 5 years the exports of Guinea to New Zealand have decreased at an annualized rate of 27.6%, from $349k in 2017 to $69.5k in 2022.

In 2017, New Zealand exported $459k to Guinea. The main products exported from New Zealand to Guinea were Non-fillet Frozen Fish ($330k), Stone Processing Machines ($119k), and Other Ores ($5.76k). During the last 5 years the exports of New Zealand to Guinea have decreased at an annualized rate of 20.2%, from $1.42M in 2022 to $459k in 2017.

Exports from Guinea (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Guinea than New Zealand included India ($2.77B), United Arab Emirates ($2.59B), and Switzerland ($347M).

In 2022, countries that imported more from New Zealand than Guinea included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand (Flag) and Guinea (Flag) (2022)

Comparative Advantage Guinea - New Zealand

Flow
Scale

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

During 2022, Guinea had a large net trade with New Zealand in the exports of Plastics and Rubbers ($35.8k), Stone And Glass ($29.8k), and Foodstuffs ($1.21k).

During 2017, New Zealand had a large net trade with Guinea in the exports of Animal Products ($330k), Machines ($121k), and Mineral Products ($5.76k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea New Zealand+$5.03kLaboratory Reagents
Top Product Potential New Zealand Guinea+$132kNon-fillet Frozen Fish

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

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

Product Space of Guinea (Flag) and New Zealand (Flag) (2022)

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