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Pricing

2023
Flag → Flag
Exports $9.81MRnk 132 / 216
2023
Flag → Flag
Top Product $3.35MNitrogenous Fertilizers
2023
Flag → Flag
Exports $28.7kRnk 61 / 109
2023
Flag → Flag
Top Product $14.3kOscilloscopes
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag  
GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

Sweden-Guinea Trade: In 2023, Sweden exported $9.81M to Guinea. The main products that Sweden exported to Guinea were Nitrogenous Fertilizers ($3.35M), Other Construction Vehicles ($2.7M), and Processed Tobacco ($777k). Over the past 5 years the exports of Sweden to Guinea have decreased at an annualized rate of 1.4%, from $10.5M in 2018 to $9.81M in 2023.

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

Guinea-Sweden Trade: In 2023, Guinea exported $28.7k to Sweden. The main products that Guinea exported to Sweden were Oscilloscopes ($14.3k), Audio Alarms ($8.39k), and Percussion ($2.64k). Over the past 5 years the exports of Guinea to Sweden have increased at an annualized rate of 40.3%,  from $5.3k in 2018 to $28.7k in 2023.

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

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Latest Trends

N/A

About

Overview In N/A, Sweden exported SEKN/A and imported SEKN/A from Guinea, resulting in a N/A trade balance of SEKN/A. Between N/A and N/A the exports of Sweden have N/A by SEKN/A (N/A) from SEKN/A to SEKN/A, while imports N/A by SEKN/A (N/A) from SEKN/A to SEKN/A.

Trade In N/A, the top exports of Sweden to Guinea were Kraft Paper (SEK338k), Used Rubber Tires (SEK188k), Computers (SEK147k), Interchangeable Tool Parts (SEK114k), and Refrigerators (SEK57k). In N/A the top imports of Sweden from Guinea were Other Women's Undergarments (SEK1k).

Growth In N/A, the N/A in Sweden's year-by-year exports to Guinea was explained primarily by an decrease in product exports in Motor vehicles; parts and accessories (8701... (SEK-307k or -99.7%), Centrifuges (SEK-84k or -73%), and Excavation Machinery (SEK-45k or -77.6%). In N/A, the N/A in Sweden's year-by-year imports  from Guinea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

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

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

For full datasets download visit Bulk Download page.

Explore Guinea and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $9.81M to Guinea. The main products exported from Sweden to Guinea were Nitrogenous Fertilizers ($3.35M), Other Construction Vehicles ($2.7M), and Processed Tobacco ($777k). During the last 5 years the exports of Sweden to Guinea have decreased at an annualized rate of 1.4%, from $10.5M in 2018 to $9.81M in 2023.

In 2018, Guinea exported $28.7k to Sweden. The main products exported from Guinea to Sweden were Oscilloscopes ($14.3k), Audio Alarms ($8.39k), and Percussion ($2.64k). During the last 5 years the exports of Guinea to Sweden have increased at an annualized rate of 40.3%, from $5.3k in 2023 to $28.7k in 2018.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$18.4B
Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Sweden than Guinea included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

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

Comparative Advantage Sweden - Guinea

Flow
Scale

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

During 2023, Sweden had a large net trade with Guinea in the exports of Chemical Products ($4.07M), Machines ($3.81M), and Foodstuffs ($777k).

During 2018, Guinea had a large net trade with Sweden in the exports of Instruments ($17.1k), Machines ($8.39k), and Textiles ($1.51k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Guinea+$550kTelephones
Top Product Potential Guinea Sweden+$37.4kOther Heating Machinery

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

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

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