2022
Exports
$405kWorld Rnk 155 / 210
Flag Rnk 42 / 511
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$111MWorld Rnk 133 / 224
Flag Rnk 7 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $405k in Cars, making it the 155th largest exporter of Cars in the world. At the same year, Cars was the 42nd most exported product in Guinea. The main destination of Cars exports from Guinea are: Netherlands ($234k), Burundi ($62.7k), Switzerland ($38.9k), Senegal ($33.5k), and Belgium ($17.4k).

The fastest growing export markets for Cars of Guinea between 2021 and 2022 were Netherlands ($211k), Switzerland ($38.9k), and Burundi ($37.1k).

Imports In 2022, Guinea imported $111M in Cars, becoming the 133rd largest importer of Cars in the world. At the same year, Cars was the 7th most imported product in Guinea. Guinea imports Cars primarily from: Belgium ($44.5M), United States ($22.2M), Canada ($14.8M), United Arab Emirates ($10.9M), and Germany ($4.08M).

The fastest growing import markets in Cars for Guinea between 2021 and 2022 were India ($1.51M), Kuwait ($628k), and France ($608k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$405k
IMPORTS (2022)$111M
NET TRADE (2022)-$110M

In 2022, Guinea exported $405k in Cars. The main destinations of Guinea exports on Cars were Netherlands ($234k), Burundi ($62.7k), Switzerland ($38.9k), Senegal ($33.5k), and Belgium ($17.4k).

In 2022, Guinea imported $111M in Cars, mainly from Belgium ($44.5M), United States ($22.2M), Canada ($14.8M), United Arab Emirates ($10.9M), and Germany ($4.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Guinea WERE (2021 - 2022):
Netherlands$211k (916%)
Switzerland$38.9k (1%)
Burundi$37.1k (145%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Guinea WERE (2021 - 2022):
New Zealand-$152k (-100%)
France-$142k (-100%)
United Arab Emirates-$57.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guinea's main exporting competitors in Cars were:
In 2022, Guinea's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $284k
TOP IMPORT POTENTIALUnited States+ $10.5M

Cars’s highest export potential is Netherlands. With an export gap of $284k.   Cars’s highest import potential is United States with an import gap of $10.5M.

See methodology.

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