Vietnam (VNM) and Guinea (GIN) Trade | The Observatory of Economic Complexity

About

Vietnam-Guinea Trade: In 2017, Vietnam exported $13.2M to Guinea. The main products that Vietnam exported to Guinea were N/A. Over the past 5 years the exports of Vietnam to Guinea have decreased at an annualized rate of 19.5%, from $39.1M in 2012 to $13.2M in 2017.

In 2017, Vietnam did not export any services to Guinea.

Guinea-Vietnam Trade: In 2017, Guinea exported $150M to Vietnam. The main products that Guinea exported to Vietnam were N/A. Over the past 5 years the exports of Guinea to Vietnam have increased at an annualized rate of 44.1%, from $16.7M in 2012 to $150M in 2017.

In 2017, Guinea did not export any services to Vietnam.

Comparison: In 2023, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2017, Vietnam exported $13.2M to Guinea. There were not main exports from Vietnam to Guinea in 2017. During the last 5 years the exports of Vietnam to Guinea have decreased at an annualized rate of 19.5%, from $39.1M in 2012 to $13.2M in 2017.

In 2012, Guinea exported $150M to Vietnam. There were not main exports from Guinea to Vietnam in 2012. During the last 5 years the exports of Guinea to Vietnam have increased at an annualized rate of 44.1%, from $16.7M in 2017 to $150M in 2012.

Exports from Vietnam () to Guinea () (2017)

Exports from Guinea () to Vietnam () (2017)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$118B

Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Vietnam than Guinea included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Guinea than Vietnam included Gambia ($2.61M) and Senegal ($10M).

Difference in imports from Guinea () and Vietnam () (2023)

Comparative Advantage Vietnam - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Vietnam had a large net trade with Guinea in the exports of .

During 2012, Guinea had a large net trade with Vietnam in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Guinea+$5.26kTelephones

Top Product Potential Guinea Vietnam+$5.31kGold

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Guinea () (2017)

Exports from Guinea () to Vietnam () (2017)

Market Competitiveness

Difference in imports from Guinea () and Vietnam () (2023)

Comparative Advantage Vietnam - Guinea

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Guinea () (2017)

Keep Exploring