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2022
Flag → Flag
Exports $107MRnk 158 / 219
2022
Flag → Flag
Top Product $22.2MCars
2022
Flag → Flag
Exports $6.81MRnk 22 / 105
2022
Flag → Flag
Top Product $2.58MRubber
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

United States-Guinea Trade: In 2022, United States exported $107M to Guinea. The main products that United States exported to Guinea were Cars ($22.2M), Poultry Meat ($20.6M), and Vaccines, blood, antisera, toxins and cultures ($14.3M). Over the past 5 years the exports of United States to Guinea have increased at an annualized rate of 3.47%, from $89.8M in 2017 to $107M in 2022.

In 2022, United States did not export any services to Guinea.

Guinea-United States Trade: In 2022, Guinea exported $6.81M to United States. The main products that Guinea exported to United States were Rubber ($2.58M), Hand Saws ($1.02M), and Gas Turbines ($421k). Over the past 5 years the exports of Guinea to United States have decreased at an annualized rate of 7.27%,  from $21.1M in 2017 to $6.81M in 2022.

In 2022, Guinea did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Guinea to the United States. Conversely, were notable for importing products to Guinea from the United States.

Latest Trends

July, 2024

About

Overview In July 2024, United States exported $7.28M and imported $354k from Guinea, resulting in a positive trade balance of $6.92M. Between July 2023 and July 2024 the exports of United States have increased by $884k (13.8%) from $6.39M to $7.28M, while imports decreased by $-417k (-54.1%) from $771k to $354k.

Trade In July 2024, the top exports of United States to Guinea were Sodium or Potassium Peroxides ($7.32M), Cars ($1.94M), Commodities not elsewhere specified ($1.36M), Other Heating Machinery ($926k), and Poultry Meat ($781k). In July 2024 the top imports of United States from Guinea were Electric Furnaces ($1.2M), Commodities not elsewhere specified ($468k), Hand Saws ($254k), Rubber ($251k), and Fish: dried, salted, smoked or in... ($48.7k).

Origins In July 2024 the exports of United States were mainly from Texas ($1.3M), Ohio ($1.2M), New York ($1.18M), Virginia ($502k), and Maryland ($440k), while imports destinations were mainly Michigan ($153k), New York ($85.4k), Dist of Columbia ($81.3k), and Texas ($10.9k).

Growth In July 2024, the increase in United States's year-by-year exports to Guinea was explained primarily by an increase in product exports in Other Heating Machinery ($920k or 17.4k%), Ethylene Polymers ($594k or 499%), and Commodities not elsewhere specified ($511k or 60.4%). In July 2024, the decrease in United States's year-by-year imports  from Guinea was explained primarily by an decrease in product imports  in Rubber ($-395k or -61.1%), Gas Turbines ($-323k or -97.1%), and Non-fillet Fresh Fish ($-61.8k or -90.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$884k(13.8%)
IMPORT GROWTH (July 2023 - July 2024)$-417k(-54.1%)
MAIN EXPORTER (July 2024)Texas$1.3M

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

To check Guinea and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guinea and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $107M to Guinea. The main products exported from United States to Guinea were Cars ($22.2M), Poultry Meat ($20.6M), and Vaccines, blood, antisera, toxins and cultures ($14.3M). During the last 5 years the exports of United States to Guinea have increased at an annualized rate of 3.47%, from $89.8M in 2017 to $107M in 2022.

In 2017, Guinea exported $6.81M to United States. The main products exported from Guinea to United States were Rubber ($2.58M), Hand Saws ($1.02M), and Gas Turbines ($421k). During the last 5 years the exports of Guinea to United States have decreased at an annualized rate of 7.27%, from $21.1M in 2022 to $6.81M in 2017.

Exports from United States (Flag) to Guinea (Flag) (2022)

Exports from Guinea (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from United States than Guinea included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, no countries were registered that imported more from Guinea than from United States.

Difference in imports from Guinea (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Guinea

Flow
Scale

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

During 2022, United States had a large net trade with Guinea in the exports of Transportation ($28.8M), Animal Products ($20.7M), and Machines ($17.4M).

During 2017, Guinea had a large net trade with United States in the exports of Plastics and Rubbers ($2.63M), Metals ($1.09M), and Machines ($757k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Guinea+$10.5MCars
Top Product Potential Guinea United States+$3.04MRubber

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

Product Space of United States (Flag) and Guinea (Flag) (2022)

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