NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $166MRnk 142 / 220
2023
Flag → Flag
Top Product $65.8MRefined Petroleum
2023
Flag → Flag
Exports $12.9MRnk 14 / 109
2023
Flag → Flag
Top Product $4.09MRubber
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195

About

United States-Guinea Trade: In 2023, United States exported $166M to Guinea. The main products that United States exported to Guinea were Refined Petroleum ($65.8M), Cars ($21.8M), and Sodium or Potassium Peroxides ($15.3M). Over the past 5 years the exports of United States to Guinea have increased at an annualized rate of 8.15%, from $112M in 2018 to $166M in 2023.

In 2023, United States did not export any services to Guinea.

Guinea-United States Trade: In 2023, Guinea exported $12.9M to United States. The main products that Guinea exported to United States were Rubber ($4.09M), Gold ($2.62M), and Hand Saws ($1.93M). Over the past 5 years the exports of Guinea to United States have increased at an annualized rate of 20.2%,  from $5.15M in 2018 to $12.9M in 2023.

In 2023, Guinea did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

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

November, 2024

About

Overview In November 2024, United States exported $14.8M and imported $482k from Guinea, resulting in a positive trade balance of $14.3M. Between November 2023 and November 2024 the exports of United States have increased by $7.29M (97.3%) from $7.49M to $14.8M, while imports decreased by $-1.36M (-73.8%) from $1.84M to $482k.

Trade In November 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 November 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 Dried/Salted/Smoked/Brined Fish ($48.7k).

Origins In November 2024 the exports of United States were mainly from Louisiana ($5.57M), Ohio ($3.29M), New York ($1.22M), Texas ($953k), and Georgia ($721k), while imports destinations were mainly North Dakota ($112k), Tennessee ($92.1k), Ohio ($90.4k), New Jersey ($58.2k), and California ($35.3k).

Growth In November 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 ($511k or 60.4%). In November 2024, the decrease in United States's year-by-year imports  from Guinea was explained primarily by an decrease in product imports  in Rubber ($-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 (November 2023 - November 2024)$7.29M(97.3%)
IMPORT GROWTH (November 2023 - November 2024)$-1.36M(-73.8%)
MAIN EXPORTER (November 2024)Louisiana$5.57M

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

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $166M to Guinea. The main products exported from United States to Guinea were Refined Petroleum ($65.8M), Cars ($21.8M), and Sodium or Potassium Peroxides ($15.3M). During the last 5 years the exports of United States to Guinea have increased at an annualized rate of 8.15%, from $112M in 2018 to $166M in 2023.

In 2018, Guinea exported $12.9M to United States. The main products exported from Guinea to United States were Rubber ($4.09M), Gold ($2.62M), and Hand Saws ($1.93M). During the last 5 years the exports of Guinea to United States have increased at an annualized rate of 20.2%, from $5.15M in 2023 to $12.9M in 2018.

Exports from United States (Flag) to Guinea (Flag) (2023)

Exports from Guinea (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Guinea
Top DestinationUnited Arab Emirates$9.05B

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 2023, countries that imported more from United States than Guinea included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Guinea than from United States.

Difference in imports from Guinea (Flag) and United States (Flag) (2023)

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 2023, United States had a large net trade with Guinea in the exports of Mineral Products ($70.3M), Transportation ($25.1M), and Chemical Products ($17.5M).

During 2018, Guinea had a large net trade with United States in the exports of Plastics and Rubbers ($4.11M), Precious Metals ($3.23M), and Metals ($1.97M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms