Sri Lanka (LKA) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Sri Lanka-Guinea Trade: In 2023, Sri Lanka exported $19.5M to Guinea. The main products that Sri Lanka exported to Guinea were Aluminium Cans ($12.9M), Tea ($5.39M), and Activated Carbon ($749k). Over the past 6 years the exports of Sri Lanka to Guinea have increased at an annualized rate of 29.7%, from $4.1M in 2017 to $19.5M in 2023.

In 2023, Sri Lanka did not export any services to Guinea.

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

In 2023, Guinea did not export any services to Sri Lanka.

Comparison: In 2023, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). 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, Sri Lanka exported $19.5M to Guinea. The main products exported from Sri Lanka to Guinea were Aluminium Cans ($12.9M), Tea ($5.39M), and Activated Carbon ($749k). During the last 6 years the exports of Sri Lanka to Guinea have increased at an annualized rate of 29.7%, from $4.1M in 2017 to $19.5M in 2023.

Guinea does not register exports to Sri Lanka. The main products exported from Guinea to Sri Lanka were Beauty Products ($497), Other Animals ($62), and Fake Hair ($32).

Exports from Sri Lanka () to Guinea () (2023)

Exports from Guinea () to Sri Lanka () (2023)

Latest Data

Trade between Sri Lanka () and Guinea ()

Sri Lanka Exports

Date

Feb 2012

Jan 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$2.98B

Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Sri Lanka than Guinea included United States ($2.98B), United Kingdom ($900M), and Germany ($906M).

In 2023, countries that imported more from Guinea than Sri Lanka included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

Difference in imports from Guinea () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sri Lanka had a large net trade with Guinea in the exports of Metals ($12.9M), Vegetable Products ($5.39M), and Chemical Products ($749k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sri Lanka Guinea+$1.82kKnit Women's Suits

Top Product Potential Guinea Sri Lanka+$4.51kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Sri Lanka () to Guinea () (2023)

Exports from Guinea () to Sri Lanka () (2023)

Latest Data

Trade between Sri Lanka () and Guinea ()

Sri Lanka Exports

Market Competitiveness

Difference in imports from Guinea () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sri Lanka () and Guinea () (2023)

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