2022
Flag  
GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
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 GDP
$21.2BCURRENT US$
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2012-2022
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GDP GROWTH
178%CURRENT US$
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2022
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GDP PC 
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
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2022
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GDP PC
$1,532CURRENT US$
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2012-2022
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GDP PC GROWTH
116%CURRENT US$
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About

Ireland-Guinea Trade: In 2022, Ireland exported $19.5M to Guinea. The main products that Ireland exported to Guinea were Malt Extract ($18.3M), Edible Offal ($205k), and Non-fillet Frozen Fish ($195k). Over the past 5 years the exports of Ireland to Guinea have increased at an annualized rate of 37.7%, from $3.95M in 2017 to $19.5M in 2022.

In 2022, Ireland did not export any services to Guinea.

Guinea-Ireland Trade: In 2022, Guinea exported $90.5M to Ireland. The main products that Guinea exported to Ireland were Aluminium Ore ($89M), Bran ($1.45M), and Vanilla ($16.8k). Over the past 5 years the exports of Guinea to Ireland have decreased at an annualized rate of 2.07%,  from $129M in 2017 to $90.5M in 2022.

In 2022, Guinea did not export any services to Ireland.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $19.5M to Guinea. The main products exported from Ireland to Guinea were Malt Extract ($18.3M), Edible Offal ($205k), and Non-fillet Frozen Fish ($195k). During the last 5 years the exports of Ireland to Guinea have increased at an annualized rate of 37.7%, from $3.95M in 2017 to $19.5M in 2022.

In 2017, Guinea exported $90.5M to Ireland. The main products exported from Guinea to Ireland were Aluminium Ore ($89M), Bran ($1.45M), and Vanilla ($16.8k). During the last 5 years the exports of Guinea to Ireland have decreased at an annualized rate of 2.07%, from $129M in 2022 to $90.5M in 2017.

Exports from Ireland (Flag) to Guinea (Flag) (2022)

Exports from Guinea (Flag) to Ireland (Flag) (2022)

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Guinea
Top Destination
China$3.81B

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

In 2022, countries that imported more from Ireland than Guinea included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Guinea than Ireland included United Arab Emirates ($2.59B), India ($2.77B), and Brunei ($36.8M).

Difference in imports from Guinea (Flag) and Ireland (Flag) (2022)

Comparative Advantage Ireland - Guinea

Flow
Scale

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

During 2022, Ireland had a large net trade with Guinea in the exports of Foodstuffs ($18.4M), Animal Products ($505k), and Chemical Products ($373k).

During 2017, Guinea had a large net trade with Ireland in the exports of Mineral Products ($89M), Foodstuffs ($1.45M), and Vegetable Products ($22.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Guinea+$190kScented Mixtures
Top Product Potential Guinea Ireland+$13.5kTropical Fruits

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

Product Space of Ireland (Flag) and Guinea (Flag) (2022)

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