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2022
Flag → Flag
Exports $107MRnk 118 / 221
2022
Flag → Flag
Top Product $43.4MRefined Petroleum
2022
Flag → Flag
Exports $4.92MRnk 23 / 105
2022
Flag → Flag
Top Product $2.28MRubber
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
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GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Italy-Guinea Trade: In 2022, Italy exported $107M to Guinea. The main products that Italy exported to Guinea were Refined Petroleum ($43.4M), Used Clothing ($17.9M), and Poultry Meat ($8.46M). Over the past 5 years the exports of Italy to Guinea have increased at an annualized rate of 9.6%, from $67.4M in 2017 to $107M in 2022.

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

Guinea-Italy Trade: In 2022, Guinea exported $4.92M to Italy. The main products that Guinea exported to Italy were Rubber ($2.28M), Coffee ($2.24M), and Large Construction Vehicles ($167k). Over the past 5 years the exports of Guinea to Italy have increased at an annualized rate of 2.44%,  from $4.26M in 2017 to $4.92M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Guinea, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Guinea were N/A. In N/A the top imports of Italy from Guinea were .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Guinea and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guinea and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $107M to Guinea. The main products exported from Italy to Guinea were Refined Petroleum ($43.4M), Used Clothing ($17.9M), and Poultry Meat ($8.46M). During the last 5 years the exports of Italy to Guinea have increased at an annualized rate of 9.6%, from $67.4M in 2017 to $107M in 2022.

In 2017, Guinea exported $4.92M to Italy. The main products exported from Guinea to Italy were Rubber ($2.28M), Coffee ($2.24M), and Large Construction Vehicles ($167k). During the last 5 years the exports of Guinea to Italy have increased at an annualized rate of 2.44%, from $4.26M in 2022 to $4.92M in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Italy than Guinea included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Guinea than Italy included Brunei ($36.8M).

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

Comparative Advantage Italy - Guinea

Flow
Scale

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

During 2022, Italy had a large net trade with Guinea in the exports of Mineral Products ($43.4M), Textiles ($18.2M), and Machines ($14.2M).

During 2017, Guinea had a large net trade with Italy in the exports of Plastics and Rubbers ($2.28M), Vegetable Products ($2.24M), and Machines ($235k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Guinea+$13.8MRefined Petroleum
Top Product Potential Guinea Italy+$2.46MCoffee

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

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

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