Guinea (GIN) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Guinea-Tanzania Trade: In 2023, Guinea exported $19.8k to Tanzania. The main products that Guinea exported to Tanzania were Hard Liquor ($8.71k), Excavation Machinery ($3.82k), and Oscilloscopes ($3.55k). Over the past 5 years the exports of Guinea to Tanzania have increased at an annualized rate of 101%, from $607 in 2018 to $19.8k in 2023.

In 2023, Guinea did not export any services to Tanzania.

Tanzania-Guinea Trade: In 2023, Tanzania exported $1M to Guinea. The main products that Tanzania exported to Guinea were Beauty Products ($271k), Jute and Other Textile Fibers ($227k), and Coconut and Other Vegetable Fibers ($201k). Over the past 5 years the exports of Tanzania to Guinea have decreased at an annualized rate of 9.54%, from $1.65M in 2018 to $1M in 2023.

In 2023, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Guinea exported $19.8k to Tanzania. The main products exported from Guinea to Tanzania were Hard Liquor ($8.71k), Excavation Machinery ($3.82k), and Oscilloscopes ($3.55k). During the last 5 years the exports of Guinea to Tanzania have increased at an annualized rate of 101%, from $607 in 2018 to $19.8k in 2023.

In 2018, Tanzania exported $1M to Guinea. The main products exported from Tanzania to Guinea were Beauty Products ($271k), Jute and Other Textile Fibers ($227k), and Coconut and Other Vegetable Fibers ($201k). During the last 5 years the exports of Tanzania to Guinea have decreased at an annualized rate of 9.54%, from $1.65M in 2023 to $1M in 2018.

Exports from Guinea () to Tanzania () (2023)

Exports from Tanzania () to Guinea () (2023)

Latest Data

Trade between Guinea () and Tanzania ()

Tanzania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationUnited Arab Emirates$9.05B

Tanzania
Top DestinationIndia$1.74B

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

In 2023, countries that imported more from Guinea than Tanzania included United Arab Emirates ($9.05B), China ($6.41B), and Spain ($184M).

In 2023, countries that imported more from Tanzania than Guinea included Uganda ($1.35B), South Africa ($1.15B), and Kenya ($334M).

Difference in imports from Tanzania () and Guinea () (2023)

Comparative Advantage Guinea - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Guinea had a large net trade with Tanzania in the exports of Foodstuffs ($8.71k), Machines ($7.59k), and Instruments ($3.55k).

During 2018, Tanzania had a large net trade with Guinea in the exports of Textiles ($581k), Chemical Products ($274k), and Mineral Products ($143k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Tanzania+$2.69kTransmissions

Top Product Potential Tanzania Guinea+$78.2kCement

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Tanzania () (2023)

Exports from Tanzania () to Guinea () (2023)

Latest Data

Trade between Guinea () and Tanzania ()

Tanzania Exports

Market Competitiveness

Difference in imports from Tanzania () and Guinea () (2023)

Comparative Advantage Guinea - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea () and Tanzania () (2023)

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