Peru (PER) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Peru-Guinea Trade: In 2022, Peru exported $360k to Guinea. The main products that Peru exported to Guinea were Malt Extract ($360k). Over the past 5 years the exports of Peru to Guinea have increased at an annualized rate of 29.5%, from $99k in 2017 to $360k in 2022.

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

Guinea-Peru Trade: In 2022, Guinea exported $300k to Peru. The main products that Guinea exported to Peru were Non-fillet Frozen Fish ($298k), Silicone ($886), and Light Fixtures ($488). Over the past 5 years the exports of Guinea to Peru have increased at an annualized rate of 265%, from $460 in 2017 to $300k in 2022.

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

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). 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, Peru exported $360k to Guinea. The main products exported from Peru to Guinea were Malt Extract ($360k). During the last 5 years the exports of Peru to Guinea have increased at an annualized rate of 29.5%, from $99k in 2017 to $360k in 2022.

In 2017, Guinea exported $300k to Peru. The main products exported from Guinea to Peru were Non-fillet Frozen Fish ($298k), Silicone ($886), and Light Fixtures ($488). During the last 5 years the exports of Guinea to Peru have increased at an annualized rate of 265%, from $460 in 2022 to $300k in 2017.

Exports from Peru () to Guinea () (2022)

Exports from Guinea () to Peru () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Peru than Guinea included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Guinea than Peru included United Arab Emirates ($2.59B), India ($2.77B), and Ireland ($90.5M).

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

Comparative Advantage Peru - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Guinea in the exports of Foodstuffs ($360k).

During 2017, Guinea had a large net trade with Peru in the exports of Animal Products ($298k), Plastics and Rubbers ($886), and Miscellaneous ($488).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Guinea+$115kMalt Extract

Top Product Potential Guinea Peru+$188kNon-fillet Frozen Fish

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

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to Guinea () (2022)

Exports from Guinea () to Peru () (2022)

Market Competitiveness

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

Comparative Advantage Peru - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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