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Pricing

2022
Flag → Flag
Exports $61.1MRnk 86 / 214
2022
Flag → Flag
Top Product $6.57MStone Processing Machines
2022
Flag → Flag
Exports $2.33MRnk 28 / 105
2022
Flag → Flag
Top Product $1.13MScrap Copper
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

South Africa-Guinea Trade: In 2022, South Africa exported $61.1M to Guinea. The main products that South Africa exported to Guinea were Stone Processing Machines ($6.57M), Electrical Transformers ($3.53M), and Excavation Machinery ($3.51M). Over the past 5 years the exports of South Africa to Guinea have increased at an annualized rate of 2.17%, from $54.9M in 2017 to $61.1M in 2022.

In 2022, South Africa did not export any services to Guinea.

Guinea-South Africa Trade: In 2022, Guinea exported $2.33M to South Africa. The main products that Guinea exported to South Africa were Scrap Copper ($1.13M), Electric Generating Sets ($621k), and Veneer Sheets ($286k). Over the past 5 years the exports of Guinea to South Africa have decreased at an annualized rate of 33.6%,  from $18.1M in 2017 to $2.33M in 2022.

In 2022, Guinea did not export any services to South Africa.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Latest Trends

October, 2024

About

Overview In October 2024, South Africa exported ZAR74.2M and imported ZAR4.84k from Guinea, resulting in a positive trade balance of ZAR74.2M. Between October 2023 and October 2024 the exports of South Africa have decreased by ZAR-26.8M (-26.6%) from ZAR101M to ZAR74.2M, while imports decreased by ZAR-3M (-99.8%) from ZAR3.01M to ZAR4.84k.

Trade In October 2024, the top exports of South Africa to Guinea were Utility Meters (ZAR20.4M), Transmissions (ZAR2.31M), Stone Processing Machines (ZAR2.11M), Excavation Machinery (ZAR1.84M), and Video Cameras (ZAR1.66M). In October 2024 the top imports of South Africa from Guinea were Scrap Copper (ZAR3.56M), Sand (ZAR34.7k), Other Measuring Instruments (ZAR1.89k), Other Edible Preparations (ZAR1.67k), and Telephones (ZAR260).

Origins In October 2024 the exports of South Africa were mainly from Durban (ZAR35.9M), Germiston/Alberton (ZAR17.5M), O.R. Tambo Int Airport (ZAR9.81M), Cape Town (ZAR7.98M), and Johannesburg (ZAR1.04M), while imports destinations were mainly O.R. Tambo Int Airport (ZAR4.84k).

Growth In October 2024, the decrease in South Africa's year-by-year exports to Guinea was explained primarily by an decrease in product exports in Electrical Transformers (ZAR-29.1M or -99.6%), Computers (ZAR-1.3M or -98.6%), and Electric Motors (ZAR-839k or -64.6%). In October 2024, the decrease in South Africa's year-by-year imports  from Guinea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)ZAR-26.8M(-26.6%)
IMPORT GROWTH (October 2023 - October 2024)ZAR-3M(-99.8%)
MAIN EXPORTER (October 2024)DurbanZAR35.9M

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

To check Guinea and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guinea and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $61.1M to Guinea. The main products exported from South Africa to Guinea were Stone Processing Machines ($6.57M), Electrical Transformers ($3.53M), and Excavation Machinery ($3.51M). During the last 5 years the exports of South Africa to Guinea have increased at an annualized rate of 2.17%, from $54.9M in 2017 to $61.1M in 2022.

In 2017, Guinea exported $2.33M to South Africa. The main products exported from Guinea to South Africa were Scrap Copper ($1.13M), Electric Generating Sets ($621k), and Veneer Sheets ($286k). During the last 5 years the exports of Guinea to South Africa have decreased at an annualized rate of 33.6%, from $18.1M in 2022 to $2.33M in 2017.

Exports from South Africa (Flag) to Guinea (Flag) (2022)

Exports from Guinea (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from South Africa than Guinea included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Guinea than South Africa included Brunei ($36.8M).

Difference in imports from Guinea (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Guinea

Flow
Scale

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

During 2022, South Africa had a large net trade with Guinea in the exports of Machines ($29.5M), Plastics and Rubbers ($6.03M), and Metals ($5.75M).

During 2017, Guinea had a large net trade with South Africa in the exports of Metals ($1.13M), Machines ($751k), and Wood Products ($287k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Guinea+$1.37MRefined Petroleum
Top Product Potential Guinea South Africa+$433kScrap Copper

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

Product Space of South Africa (Flag) and Guinea (Flag) (2022)

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