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2023
Flag → Flag
Exports $10.2MRnk 137 / 217
2023
Flag → Flag
Top Product $7.49MTug Boats
2023
Flag → Flag
Exports $1.78MRnk 30 / 109
2023
Flag → Flag
Top Product $1.72MCocoa Beans
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

Singapore-Guinea Trade: In 2023, Singapore exported $10.2M to Guinea. The main products that Singapore exported to Guinea were Tug Boats ($7.49M), Refined Petroleum ($1.35M), and Air Conditioners ($250k). Over the past 5 years the exports of Singapore to Guinea have decreased at an annualized rate of 3.71%, from $12.3M in 2018 to $10.2M in 2023.

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

Guinea-Singapore Trade: In 2023, Guinea exported $1.78M to Singapore. The main products that Guinea exported to Singapore were Cocoa Beans ($1.72M), Surveying Equipment ($17.2k), and Chemical Analysis Instruments ($10k). Over the past 5 years the exports of Guinea to Singapore have increased at an annualized rate of 106%,  from $47.9k in 2018 to $1.78M in 2023.

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

Comparison: In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). 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
Value

In 2023, Singapore exported $10.2M to Guinea. The main products exported from Singapore to Guinea were Tug Boats ($7.49M), Refined Petroleum ($1.35M), and Air Conditioners ($250k). During the last 5 years the exports of Singapore to Guinea have decreased at an annualized rate of 3.71%, from $12.3M in 2018 to $10.2M in 2023.

In 2018, Guinea exported $1.78M to Singapore. The main products exported from Guinea to Singapore were Cocoa Beans ($1.72M), Surveying Equipment ($17.2k), and Chemical Analysis Instruments ($10k). During the last 5 years the exports of Guinea to Singapore have increased at an annualized rate of 106%, from $47.9k in 2023 to $1.78M in 2018.

Exports from Singapore (Flag) to Guinea (Flag) (2023)

Exports from Guinea (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Guinea (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Singapore than Guinea included Hong Kong ($44.5B), United States ($32.9B), and Malaysia ($31.4B).

In 2023, countries that imported more from Guinea than Singapore included United Arab Emirates ($9.05B) and Liberia ($10.4M).

Difference in imports from Guinea (Flag) and Singapore (Flag) (2023)

Comparative Advantage Singapore - Guinea

Flow
Scale

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

During 2023, Singapore had a large net trade with Guinea in the exports of Transportation ($7.49M), Mineral Products ($1.35M), and Machines ($713k).

During 2018, Guinea had a large net trade with Singapore in the exports of Foodstuffs ($1.72M), Instruments ($27.2k), and Machines ($16.2k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Singapore and Guinea. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Singapore.

Product Space of Singapore (Flag) and Guinea (Flag) (2023)

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