Israel (ISR) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Israel-Guinea Trade: In 2022, Israel exported $386k to Guinea. The main products that Israel exported to Guinea were Broadcasting Equipment ($193k), Medical Instruments ($34k), and Plastic Pipes ($29k). Over the past 7 years the exports of Israel to Guinea have decreased at an annualized rate of 27.9%, from $3.82M 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 $8.92k to Israel. The main products that Guinea exported to Israel were Percussion ($6k) and Wood Ornaments ($2.92k). Over the past 7 years the exports of Guinea to Israel have decreased at an annualized rate of 0.18%, from $9k in 2015 to $8.92k in 2022.

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

Comparison: In 2022, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Israel exported $386k to Guinea. The main products exported from Israel to Guinea were Broadcasting Equipment ($193k), Medical Instruments ($34k), and Plastic Pipes ($29k). During the last 7 years the exports of Israel to Guinea have decreased at an annualized rate of 27.9%, from $3.82M in 2015 to $386k in 2022.

In 2017, Guinea exported $8.92k to Israel. The main products exported from Guinea to Israel were Percussion ($6k) and Wood Ornaments ($2.92k). During the last 5 years the exports of Guinea to Israel have decreased at an annualized rate of 0.18%, from $9k in 2022 to $8.92k in 2017.

Exports from Israel () to Guinea () (2022)

Exports from Guinea () to Israel () (2022)

Latest Data

Trade between Israel () and Guinea ()

Israel Exports

Date

Feb 2021

Nov 2016

Nov 2014

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Guinea
Top DestinationChina$3.81B

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 2022, countries that imported more from Israel than Guinea included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

In 2022, countries that imported more from Guinea than Israel included United Arab Emirates ($2.59B), Brunei ($36.8M), and Tunisia ($2.34M).

Difference in imports from Guinea () and Israel () (2022)

Comparative Advantage Israel - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 Machines ($230k), Plastics and Rubbers ($42k), and Instruments ($35k).

During 2017, Guinea had a large net trade with Israel in the exports of Instruments ($6k) and Wood Products ($2.92k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Israel () to Guinea () (2022)

Exports from Guinea () to Israel () (2022)

Latest Data

Trade between Israel () and Guinea ()

Israel Exports

Market Competitiveness

Difference in imports from Guinea () and Israel () (2022)

Comparative Advantage Israel - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Israel () and Guinea () (2022)

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