Uruguay (URY) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Uruguay-Guinea Trade: In 2022, Uruguay exported $2.47M to Guinea. The main products that Uruguay exported to Guinea were Non-fillet Frozen Fish ($2.37M) and Concentrated Milk ($107k). Over the past 5 years the exports of Uruguay to Guinea have increased at an annualized rate of 68.6%, from $181k in 2017 to $2.47M in 2022.

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

Guinea-Uruguay In N/A, Guinea did not export any products to Uruguay.

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

Comparison: In 2022, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B). 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, Uruguay exported $2.47M to Guinea. The main products exported from Uruguay to Guinea were Non-fillet Frozen Fish ($2.37M) and Concentrated Milk ($107k). During the last 5 years the exports of Uruguay to Guinea have increased at an annualized rate of 68.6%, from $181k in 2017 to $2.47M in 2022.

Guinea does not register exports to Uruguay.

Exports from Uruguay () to Guinea () (2022)

Exports from Guinea () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Guinea ()

Uruguay Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uruguay
Top DestinationChina$2.89B

Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Uruguay than Guinea included Brazil ($1.69B), Argentina ($999M), and United States ($818M).

In 2022, countries that imported more from Guinea than Uruguay included India ($2.77B), United Arab Emirates ($2.59B), and China ($3.81B).

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

Comparative Advantage Uruguay - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uruguay had a large net trade with Guinea in the exports of Animal Products ($2.47M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uruguay Guinea+$119kConcentrated Milk

Top Product Potential Guinea Uruguay+$1.81kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Uruguay () to Guinea () (2022)

Exports from Guinea () to Uruguay () (2022)

Latest Data

Trade between Uruguay () and Guinea ()

Uruguay Exports

Market Competitiveness

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

Comparative Advantage Uruguay - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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