Kazakhstan (KAZ) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Kazakhstan-Guinea Trade: In 2023, Kazakhstan exported $165k to Guinea. The main products that Kazakhstan exported to Guinea were Electrical Control Boards ($158k), Gas and Liquid Flow Measuring Instruments ($3.47k), and Other Iron Products ($2.5k). Over the past 20 years the exports of Kazakhstan to Guinea have increased at an annualized rate of 26.5%, from $1.5k in 2003 to $165k in 2023.

In 2023, Kazakhstan did not export any services to Guinea.

Guinea-Kazakhstan Trade: In 2023, Guinea exported $1.05k to Kazakhstan. The main products that Guinea exported to Kazakhstan were Seats ($863), Ball Bearings ($174), and Cut Flowers ($10). Over the past 20 years the exports of Guinea to Kazakhstan have decreased at an annualized rate of 32.4%, from $7.44k in 2003 to $1.05k in 2023.

In 2023, Guinea did not export any services to Kazakhstan.

Comparison: In 2023, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kazakhstan exported $165k to Guinea. The main products exported from Kazakhstan to Guinea were Electrical Control Boards ($158k), Gas and Liquid Flow Measuring Instruments ($3.47k), and Other Iron Products ($2.5k). During the last 20 years the exports of Kazakhstan to Guinea have increased at an annualized rate of 26.5%, from $1.5k in 2003 to $165k in 2023.

In 2018, Guinea exported $1.05k to Kazakhstan. The main products exported from Guinea to Kazakhstan were Seats ($863), Ball Bearings ($174), and Cut Flowers ($10). During the last 5 years the exports of Guinea to Kazakhstan have decreased at an annualized rate of 32.4%, from $7.44k in 2023 to $1.05k in 2018.

Exports from Kazakhstan () to Guinea () (2023)

Exports from Guinea () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Guinea ()

Kazakhstan Exports

Date

Feb 2015

Jun 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$15.2B

Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Kazakhstan than Guinea included United Kingdom ($14.3B), Russia ($9.78B), and China ($15.2B).

In 2023, countries that imported more from Guinea than Kazakhstan included United Arab Emirates ($9.05B), India ($1.45B), and Ireland ($99M).

Difference in imports from Guinea () and Kazakhstan () (2023)

Comparative Advantage Kazakhstan - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kazakhstan had a large net trade with Guinea in the exports of Machines ($158k), Instruments ($3.47k), and Metals ($3.02k).

During 2018, Guinea had a large net trade with Kazakhstan in the exports of Miscellaneous ($863), Machines ($174), and Vegetable Products ($10).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Guinea+$40.6kLiquid Pumps

Top Product Potential Guinea Kazakhstan+$4.92kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Guinea () (2023)

Exports from Guinea () to Kazakhstan () (2023)

Latest Data

Trade between Kazakhstan () and Guinea ()

Kazakhstan Exports

Market Competitiveness

Difference in imports from Guinea () and Kazakhstan () (2023)

Comparative Advantage Kazakhstan - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kazakhstan () and Guinea () (2023)

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