2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 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
$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

Guinea-United States Trade: In 2023, Guinea exported $12.9M to United States. The main products that Guinea exported to United States were Rubber ($4.09M), Gold ($2.62M), and Hand Saws ($1.93M). Over the past 5 years the exports of Guinea to United States have increased at an annualized rate of 20.2%, from $5.15M in 2018 to $12.9M in 2023.

In 2023, Guinea did not export any services to United States.

United States-Guinea Trade: In 2023, United States exported $166M to Guinea. The main products that United States exported to Guinea were Refined Petroleum ($65.8M), Cars ($21.8M), and Sodium or Potassium Peroxides ($15.3M). Over the past 5 years the exports of United States to Guinea have increased at an annualized rate of 5.02%,  from $112M in 2018 to $166M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea exported $12.9M to United States. The main products exported from Guinea to United States were Rubber ($4.09M), Gold ($2.62M), and Hand Saws ($1.93M). During the last 5 years the exports of Guinea to United States have increased at an annualized rate of 20.2%, from $5.15M in 2018 to $12.9M in 2023.

In 2018, United States exported $166M to Guinea. The main products exported from United States to Guinea were Refined Petroleum ($65.8M), Cars ($21.8M), and Sodium or Potassium Peroxides ($15.3M). During the last 5 years the exports of United States to Guinea have increased at an annualized rate of 5.02%, from $112M in 2023 to $166M in 2018.

Exports from Guinea (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Guinea (Flag) (2023)

Latest Data

Trade between Guinea (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
United States
Top Destination
Canada$269B

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

In 2023, no countries were registered that imported more from Guinea than from United States.

In 2023, countries that imported more from United States than Guinea included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Guinea (Flag) (2023)

Comparative Advantage Guinea - United States

Flow
Scale

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

During 2023, Guinea had a large net trade with United States in the exports of Plastics and Rubbers ($4.11M), Precious Metals ($3.23M), and Metals ($1.97M).

During 2018, United States had a large net trade with Guinea in the exports of Mineral Products ($70.3M), Transportation ($25.1M), and Chemical Products ($17.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea United States+$3.04MRubber
Top Product Potential United States Guinea+$10.5MCars

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

Product Space of Guinea (Flag) and United States (Flag) (2023)

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