2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC 
$1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC
$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195

About

Guinea-Pakistan Trade: In 2022, Guinea exported $1.79M to Pakistan. The main products that Guinea exported to Pakistan were N/A. Over the past 5 years the exports of Guinea to Pakistan have decreased at an annualized rate of 4.95%, from $2.31M in 2017 to $1.79M in 2022.

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

Pakistan-Guinea Trade: In 2022, Pakistan exported $8.49M to Guinea. The main products that Pakistan exported to Guinea were Rice ($4.51M), Used Clothing ($1.24M), and Confectionery Sugar ($834k). Over the past 5 years the exports of Pakistan to Guinea have decreased at an annualized rate of 23.3%,  from $41.7M in 2017 to $8.49M in 2022.

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

Comparison: In 2023,  Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B). That same year, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $1.79M to Pakistan. There were not main exports from Guinea to Pakistan in 2022. During the last 5 years the exports of Guinea to Pakistan have decreased at an annualized rate of 4.95%, from $2.31M in 2017 to $1.79M in 2022.

In 2018, Pakistan exported $8.49M to Guinea. The main products exported from Pakistan to Guinea were Rice ($4.51M), Used Clothing ($1.24M), and Confectionery Sugar ($834k). During the last 5 years the exports of Pakistan to Guinea have decreased at an annualized rate of 23.3%, from $41.7M in 2023 to $8.49M in 2018.

Exports from Guinea (Flag) to Pakistan (Flag) (2023)

Exports from Pakistan (Flag) to Guinea (Flag) (2023)

Latest Data

Trade between Guinea (Flag) and Pakistan (Flag)

Pakistan Exports

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
Pakistan
Top Destination
United States$5.18B

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

In 2023, countries that imported more from Guinea than Pakistan included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

In 2023, countries that imported more from Pakistan than Guinea included United States ($5.18B), Germany ($2.43B), and United Kingdom ($2.28B).

Difference in imports from Pakistan (Flag) and Guinea (Flag) (2023)

Comparative Advantage Guinea - Pakistan

Flow
Scale

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

During 2022, Guinea had a large net trade with Pakistan in the exports of .

During 2018, Pakistan had a large net trade with Guinea in the exports of Vegetable Products ($4.58M), Textiles ($1.89M), and Foodstuffs ($857k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Pakistan+$775kRaw Cotton
Top Product Potential Pakistan Guinea+$2.99MRice

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

Product Space of Guinea (Flag) and Pakistan (Flag) (2023)

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