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2022
Flag → Flag
Exports $472MRnk 75 / 224
2022
Flag → Flag
Top Product $365MRefined Petroleum
2022
Flag → Flag
Exports $35.3MRnk 11 / 105
2022
Flag → Flag
Top Product $31.9MCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Netherlands-Guinea Trade: In 2022, Netherlands exported $472M to Guinea. The main products that Netherlands exported to Guinea were Refined Petroleum ($365M), Onions ($34.2M), and Malt Extract ($15.9M). Over the past 5 years the exports of Netherlands to Guinea have increased at an annualized rate of 0.49%, from $460M in 2017 to $472M in 2022.

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

Guinea-Netherlands Trade: In 2022, Guinea exported $35.3M to Netherlands. The main products that Guinea exported to Netherlands were Cocoa Beans ($31.9M), Excavation Machinery ($1.1M), and Large Construction Vehicles ($528k). Over the past 5 years the exports of Guinea to Netherlands have increased at an annualized rate of 64.4%,  from $2.94M in 2017 to $35.3M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Latest Trends

June, 2024

About

Overview In June 2024, Netherlands exported €5M and imported €9M from Guinea, resulting in a negative trade balance of €4M. Between June 2023 and June 2024 the exports of Netherlands have increased by €1M (25%) from €4M to €5M, while imports increased by €6M (200%) from €3M to €9M.

Trade In June 2024, the top exports of Netherlands to Guinea were Petroleum oils and oils obtained from... (€49M), Vegetables, fresh, chilled, frozen or simply... (€4M), and Edible products and preparations, n.e.s. (€1M). In June 2024 the top imports of Netherlands from Guinea were Cocoa (€3M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€1M(25%)
IMPORT GROWTH (June 2023 - June 2024)€6M(200%)

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

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

For full datasets download visit Bulk Download page.

Explore Guinea and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $472M to Guinea. The main products exported from Netherlands to Guinea were Refined Petroleum ($365M), Onions ($34.2M), and Malt Extract ($15.9M). During the last 5 years the exports of Netherlands to Guinea have increased at an annualized rate of 0.49%, from $460M in 2017 to $472M in 2022.

In 2017, Guinea exported $35.3M to Netherlands. The main products exported from Guinea to Netherlands were Cocoa Beans ($31.9M), Excavation Machinery ($1.1M), and Large Construction Vehicles ($528k). During the last 5 years the exports of Guinea to Netherlands have increased at an annualized rate of 64.4%, from $2.94M in 2022 to $35.3M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Netherlands than Guinea included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

Comparative Advantage Netherlands - Guinea

Flow
Scale

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

During 2022, Netherlands had a large net trade with Guinea in the exports of Mineral Products ($366M), Vegetable Products ($35.6M), and Foodstuffs ($26M).

During 2017, Guinea had a large net trade with Netherlands in the exports of Foodstuffs ($31.9M), Machines ($1.85M), and Vegetable Products ($597k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Guinea+$1.78MPackaged Medicaments
Top Product Potential Guinea Netherlands+$536kPalm Oil

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

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

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