Guinea (GIN) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Guinea-Portugal Trade: In 2022, Guinea exported $1.34M to Portugal. The main products that Guinea exported to Portugal were Palm Oil ($1.3M), Polyacetals ($38.2k), and Cars ($3.16k). Over the past 5 years the exports of Guinea to Portugal have increased at an annualized rate of 38.4%, from $264k in 2017 to $1.34M in 2022.

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

Portugal-Guinea Trade: In 2022, Portugal exported $18.2M to Guinea. The main products that Portugal exported to Guinea were Poultry Meat ($1.74M), Excavation Machinery ($1.37M), and Stone Processing Machines ($1.16M). Over the past 5 years the exports of Portugal to Guinea have increased at an annualized rate of 2.05%, from $16.4M in 2017 to $18.2M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $1.34M to Portugal. The main products exported from Guinea to Portugal were Palm Oil ($1.3M), Polyacetals ($38.2k), and Cars ($3.16k). During the last 5 years the exports of Guinea to Portugal have increased at an annualized rate of 38.4%, from $264k in 2017 to $1.34M in 2022.

In 2017, Portugal exported $18.2M to Guinea. The main products exported from Portugal to Guinea were Poultry Meat ($1.74M), Excavation Machinery ($1.37M), and Stone Processing Machines ($1.16M). During the last 5 years the exports of Portugal to Guinea have increased at an annualized rate of 2.05%, from $16.4M in 2022 to $18.2M in 2017.

Exports from Guinea () to Portugal () (2022)

Exports from Portugal () to Guinea () (2022)

Latest Data

Trade between Guinea () and Portugal ()

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Guinea included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Guinea - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Portugal in the exports of Animal and Vegetable Bi-Products ($1.3M), Plastics and Rubbers ($38.2k), and Transportation ($3.25k).

During 2017, Portugal had a large net trade with Guinea in the exports of Machines ($7.29M), Metals ($2.29M), and Animal Products ($1.77M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Portugal+$28.9kPolyacetals

Top Product Potential Portugal Guinea+$764kRefined Petroleum

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Portugal () (2022)

Exports from Portugal () to Guinea () (2022)

Latest Data

Trade between Guinea () and Portugal ()

Portugal Exports

Market Competitiveness

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

Comparative Advantage Guinea - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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