Saudi Arabia (SAU) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Guinea Trade: In 2023, Saudi Arabia exported $45.1M to Guinea. The main products that Saudi Arabia exported to Guinea were Ethylene Polymers ($20.1M), Propylene Polymers ($19.3M), and Sodium or Potassium Peroxides ($1M). Over the past 5 years the exports of Saudi Arabia to Guinea have increased at an annualized rate of 11.5%, from $26.1M in 2018 to $45.1M in 2023.

In 2023, Saudi Arabia did not export any services to Guinea.

Guinea-Saudi Arabia Trade: In 2023, Guinea exported $997k to Saudi Arabia. The main products that Guinea exported to Saudi Arabia were Scrap Aluminium ($689k), Coffee ($181k), and Other Plastic Products ($36.4k). Over the past 5 years the exports of Guinea to Saudi Arabia have increased at an annualized rate of 131%, from $15.1k in 2018 to $997k in 2023.

In 2023, Guinea did not export any services to Saudi Arabia.

Comparison: In 2023, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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, Saudi Arabia exported $45.1M to Guinea. The main products exported from Saudi Arabia to Guinea were Ethylene Polymers ($20.1M), Propylene Polymers ($19.3M), and Sodium or Potassium Peroxides ($1M). During the last 6 years the exports of Saudi Arabia to Guinea have increased at an annualized rate of 5.87%, from $449k in 2014 to $45.1M in 2023.

In 2018, Guinea exported $997k to Saudi Arabia. The main products exported from Guinea to Saudi Arabia were Scrap Aluminium ($689k), Coffee ($181k), and Other Plastic Products ($36.4k). During the last 5 years the exports of Guinea to Saudi Arabia have increased at an annualized rate of 8.75%, from $10.5k in 2023 to $997k in 2018.

Exports from Saudi Arabia () to Guinea () (2023)

Exports from Guinea () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Guinea ()

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$64.4B

Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Saudi Arabia than Guinea included China ($64.4B), Japan ($34.7B), and India ($34.8B).

In 2023, countries that imported more from Guinea than Saudi Arabia included Macau ($11.7M) and Israel ($31k).

Difference in imports from Guinea () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Saudi Arabia had a large net trade with Guinea in the exports of Plastics and Rubbers ($40.1M), Chemical Products ($1.49M), and Foodstuffs ($1.07M).

During 2018, Guinea had a large net trade with Saudi Arabia in the exports of Metals ($689k), Vegetable Products ($181k), and Machines ($42.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Guinea+$6.06kRefined Petroleum

Top Product Potential Guinea Saudi Arabia+$8.79kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Guinea () (2023)

Exports from Guinea () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Guinea ()

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Guinea () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Guinea () (2023)

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