2023
Flag  
GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
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2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195
2023
Flag
GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
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GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Israel-Guinea Trade: In 2022, Israel exported $386k to Guinea. The main products that Israel exported to Guinea were N/A. Over the past 7 years the exports of Israel to Guinea have decreased at an annualized rate of 27.6%, from $3.7M in 2015 to $386k in 2022.

In 2007, Israel exported services to Guinea worth $6.66M, with Construction services ($6.66M) being the largest in terms of value.

Guinea-Israel Trade: In 2022, Guinea exported $31k to Israel. The main products that Guinea exported to Israel were Prepared Pigments ($14k), Integrated Circuits ($3k), and Motor vehicles; parts and accessories (8701 to 8705) ($3k). Over the past 7 years the exports of Guinea to Israel have decreased at an annualized rate of 27.1%,  from $151k in 2015 to $31k in 2022.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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
Value

In 2022, Israel exported $386k to Guinea. There were not main exports from Israel to Guinea in 2022. During the last 7 years the exports of Israel to Guinea have decreased at an annualized rate of 27.6%, from $3.7M in 2015 to $386k in 2022.

In 2018, Guinea exported $31k to Israel. The main products exported from Guinea to Israel were Prepared Pigments ($14k), Integrated Circuits ($3k), and Motor vehicles; parts and accessories (8701 to 8705) ($3k). During the last 5 years the exports of Guinea to Israel have decreased at an annualized rate of 27.1%, from $151k in 2023 to $31k in 2018.

Exports from Israel (Flag) to Guinea (Flag) (2023)

Exports from Guinea (Flag) to Israel (Flag) (2023)

Latest Data

Trade between Israel (Flag) and Guinea (Flag)

Israel Exports

Date

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Guinea
Top Destination
United Arab Emirates$9.05B

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

In 2023, countries that imported more from Israel than Guinea included United States ($20.3B), Ireland ($4.22B), and Germany ($2.75B).

In 2023, countries that imported more from Guinea than Israel included United Arab Emirates ($9.05B), Indonesia ($70.4M), and Liberia ($10.4M).

Difference in imports from Guinea (Flag) and Israel (Flag) (2023)

Comparative Advantage Israel - Guinea

Flow
Scale

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

During 2022, Israel had a large net trade with Guinea in the exports of .

During 2018, Guinea had a large net trade with Israel in the exports of Chemical Products ($14k), Machines ($9k), and Transportation ($3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Guinea+$397kTelephones
Top Product Potential Guinea Israel+$4.55kGold

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

Product Space of Israel (Flag) and Guinea (Flag) (2023)

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