Guinea (GIN) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Guinea-Oman Trade: In 2022, Guinea exported $1.52k to Oman. The main products that Guinea exported to Oman were Other Animals ($1.52k). Over the past 6 years the exports of Guinea to Oman have decreased at an annualized rate of 30.6%, from $13.6k in 2016 to $1.52k in 2022.

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

Oman-Guinea Trade: In 2022, Oman exported $4.63M to Guinea. The main products that Oman exported to Guinea were Non-fillet Frozen Fish ($4.26M), Polyacetals ($191k), and Concentrated Milk ($158k). Over the past 6 years the exports of Oman to Guinea have increased at an annualized rate of 81.2%, from $237k in 2016 to $4.63M in 2022.

In 2022, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $1.52k to Oman. The main products exported from Guinea to Oman were Other Animals ($1.52k). During the last 6 years the exports of Guinea to Oman have decreased at an annualized rate of 30.6%, from $13.6k in 2016 to $1.52k in 2022.

In 2017, Oman exported $4.63M to Guinea. The main products exported from Oman to Guinea were Non-fillet Frozen Fish ($4.26M), Polyacetals ($191k), and Concentrated Milk ($158k). During the last 5 years the exports of Oman to Guinea have increased at an annualized rate of 81.2%, from $237k in 2022 to $4.63M in 2017.

Exports from Guinea () to Oman () (2022)

Exports from Oman () to Guinea () (2022)

Latest Data

Trade between Guinea () and Oman ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Guinea than Oman included Switzerland ($347M), Ireland ($90.5M), and Brunei ($36.8M).

In 2022, countries that imported more from Oman than Guinea included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Comparative Advantage Guinea - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Oman in the exports of Animal Products ($1.52k).

During 2017, Oman had a large net trade with Guinea in the exports of Animal Products ($4.42M), Plastics and Rubbers ($191k), and Textiles ($17.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Oman+$5.81kGold

Top Product Potential Oman Guinea+$157kPolyacetals

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Oman () (2022)

Exports from Oman () to Guinea () (2022)

Latest Data

Trade between Guinea () and Oman ()

Oman Exports

Market Competitiveness

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

Comparative Advantage Guinea - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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