Greece (GRC) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Greece-Guinea Trade: In 2023, Greece exported $27.5M to Guinea. The main products that Greece exported to Guinea were Refined Petroleum ($24.7M), Cement ($939k), and Metal Stoppers ($476k). Over the past 5 years the exports of Greece to Guinea have increased at an annualized rate of 89.6%, from $1.12M in 2018 to $27.5M in 2023.

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

Guinea-Greece Trade: In 2023, Guinea exported $11.4M to Greece. The main products that Guinea exported to Greece were Aluminium Ore ($11.4M), Coffee ($28.5k), and Engine Parts ($11k). Over the past 5 years the exports of Guinea to Greece have increased at an annualized rate of 33.3%, from $2.04M in 2018 to $11.4M in 2023.

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

Comparison: In 2023, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Greece exported $27.5M to Guinea. The main products exported from Greece to Guinea were Refined Petroleum ($24.7M), Cement ($939k), and Metal Stoppers ($476k). During the last 5 years the exports of Greece to Guinea have increased at an annualized rate of 89.6%, from $1.12M in 2018 to $27.5M in 2023.

In 2018, Guinea exported $11.4M to Greece. The main products exported from Guinea to Greece were Aluminium Ore ($11.4M), Coffee ($28.5k), and Engine Parts ($11k). During the last 5 years the exports of Guinea to Greece have increased at an annualized rate of 33.3%, from $2.04M in 2023 to $11.4M in 2018.

Exports from Greece () to Guinea () (2023)

Exports from Guinea () to Greece () (2023)

Latest Data

Trade between Greece () and Guinea ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$6.21B

Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Greece than Guinea included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

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

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

Comparative Advantage Greece - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Greece had a large net trade with Guinea in the exports of Mineral Products ($25.7M), Machines ($539k), and Metals ($524k).

During 2018, Guinea had a large net trade with Greece in the exports of Mineral Products ($11.4M), Vegetable Products ($28.5k), and Machines ($12.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Guinea+$166kPoultry Meat

Top Product Potential Guinea Greece+$1.86MAluminium Ore

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

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Guinea () (2023)

Exports from Guinea () to Greece () (2023)

Latest Data

Trade between Greece () and Guinea ()

Greece Exports

Market Competitiveness

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

Comparative Advantage Greece - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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