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2023
Flag → Flag
Exports $23.8kRnk 63 / 109
2023
Flag → Flag
Top Product $21.8kIndustrial Fatty Acids, Oils and Alcohols
2023
Flag → Flag
Exports $8.85MRnk 141 / 212
2023
Flag → Flag
Top Product $3.64MRubberworking Machinery
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC $1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

Guinea-Chinese Taipei Trade: In 2023, Guinea exported $23.8k to Chinese Taipei. The main products that Guinea exported to Chinese Taipei were Industrial Fatty Acids, Oils and Alcohols ($21.8k), Electrical Control Boards ($1.73k), and Other Rubber Products ($96). Over the past 5 years the exports of Guinea to Chinese Taipei have decreased at an annualized rate of 44.8%, from $463k in 2018 to $23.8k in 2023.

In 2023, Guinea did not export any services to Chinese Taipei.

Chinese Taipei-Guinea Trade: In 2023, Chinese Taipei exported $8.85M to Guinea. The main products that Chinese Taipei exported to Guinea were Rubberworking Machinery ($3.64M), Other Iron Products ($678k), and Bi-Wheel Vehicle Parts ($664k). Over the past 5 years the exports of Chinese Taipei to Guinea have increased at an annualized rate of 0.11%,  from $8.81M in 2018 to $8.85M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $23.8k to Chinese Taipei. The main products exported from Guinea to Chinese Taipei were Industrial Fatty Acids, Oils and Alcohols ($21.8k), Electrical Control Boards ($1.73k), and Other Rubber Products ($96). During the last 5 years the exports of Guinea to Chinese Taipei have decreased at an annualized rate of 44.8%, from $463k in 2018 to $23.8k in 2023.

In 2018, Chinese Taipei exported $8.85M to Guinea. The main products exported from Chinese Taipei to Guinea were Rubberworking Machinery ($3.64M), Other Iron Products ($678k), and Bi-Wheel Vehicle Parts ($664k). During the last 5 years the exports of Chinese Taipei to Guinea have increased at an annualized rate of 0.11%, from $8.81M in 2023 to $8.85M in 2018.

Exports from Guinea (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Guinea (Flag) (2023)

Market Competitiveness

Color
Guinea
Top DestinationUnited Arab Emirates$9.05B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Guinea than Chinese Taipei included United Arab Emirates ($9.05B), Liberia ($10.4M), and Gambia ($2.61M).

In 2023, countries that imported more from Chinese Taipei than Guinea included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Guinea (Flag) (2023)

Comparative Advantage Guinea - Chinese Taipei

Flow
Scale

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

During 2023, Guinea had a large net trade with Chinese Taipei in the exports of Chemical Products ($21.8k), Machines ($1.8k), and Plastics and Rubbers ($160).

During 2018, Chinese Taipei had a large net trade with Guinea in the exports of Machines ($5.03M), Metals ($1.22M), and Plastics and Rubbers ($826k).

Economic Complexity

Competitive Landscape

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

Product Space of Guinea (Flag) and Chinese Taipei (Flag) (2023)

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