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Pricing

2021
Flag → Flag
Exports $114kRnk 102 / 0
2021
Flag → Flag
Exports $41.7MRnk 94 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Iran-Guinea Trade: In 2021, Iran exported $114k to Guinea. The main products that Iran exported to Guinea were N/A. Over the past 5 years the exports of Iran to Guinea have decreased at an annualized rate of 29.1%, from $632k in 2016 to $114k in 2021.

In 2021, Iran did not export any services to Guinea.

Guinea-Iran In N/A, Guinea did not export any products to Iran.

In 2021, Guinea did not export any services to Iran.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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 2021, Iran exported $114k to Guinea. There were not main exports from Iran to Guinea in 2021. During the last 5 years the exports of Iran to Guinea have decreased at an annualized rate of 29.1%, from $632k in 2016 to $114k in 2021.

Guinea does not register exports to Iran.

Exports from Iran (Flag) to Guinea (Flag) (2021)

Exports from Guinea (Flag) to Iran (Flag) (2021)

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Iran than Guinea included Turkey ($3.17B), China ($5.72B), and Kuwait ($960M).

In 2022, countries that imported more from Guinea than Iran included United Arab Emirates ($2.59B), India ($2.77B), and Switzerland ($347M).

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

Comparative Advantage Iran - Guinea

Flow
Scale

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

During 2021, Iran had a large net trade with Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Guinea+$2.62kRefined Petroleum
Top Product Potential Guinea Iran+$3.31kGold

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

Product Space of Iran (Flag) and Guinea (Flag) (2021)

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