India / Guinea

Overview In August 2024, India exported $42.5M and imported $105M from Guinea, resulting in a negative trade balance of $62.4M. Between August 2023 and August 2024 the exports of India have decreased by $-32.1M (-43%) from $74.7M to $42.5M, while imports decreased by $-29.2M (-21.8%) from $134M to $105M.

Trade In August 2024, the top exports of India to Guinea were Rice(Other Than Basmoti) ($19.3M), Products Of Iron And Steel ($2.72M), Two And Three Wheelers ($1.7M), Agro Chemicals ($1.62M), and Ceramics And Allied Products ($1.49M). In August 2024 the top imports of India from Guinea were Bulk Minerals And Ores ($20.1M), Cashew ($1.03M), Other Commodities ($635k), Aluminium, Products Of Aluminm ($306k), and Iron And Steel ($227k).

Growth In August 2024, the decrease in India's year-by-year exports to Guinea was explained primarily by an decrease in product exports in Inorganic Chemicals ($-4.96M or -95.7%), Drug Formulations, Biologicals ($-2.64M or -67.8%), and Two And Three Wheelers ($-1.9M or -52.9%). In August 2024, the decrease in India's year-by-year imports  from Guinea was explained primarily by an decrease in product imports  in Bulk Minerals And Ores ($-23.4M or -53.8%), Other Commodities ($-498k or -44%), and Aluminium, Products Of Aluminm ($-376k or -55.1%).