2022
Exports
$220kWorld Rnk 90 / 154
Flag Rnk 52 / 511
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$82.7kWorld Rnk 156 / 212
Flag Rnk 686 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $220k in Coconut Oil, making it the 90th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 52nd most exported product in Guinea. The main destination of Coconut Oil exports from Guinea are: Morocco ($209k), United States ($10.3k), Canada ($395), South Korea ($271), and France ($14).

The fastest growing export markets for Coconut Oil of Guinea between 2021 and 2022 were Morocco ($209k), South Korea ($271), and Canada ($81).

Imports In 2022, Guinea imported $82.7k in Coconut Oil, becoming the 156th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 686th most imported product in Guinea. Guinea imports Coconut Oil primarily from: Malaysia ($72.4k), India ($8.23k), and United Arab Emirates ($2.03k).

The fastest growing import markets in Coconut Oil for Guinea between 2021 and 2022 were Malaysia ($72.4k), United Arab Emirates ($2.03k), and India ($1.9k).

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 Coconut Oil. 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)$220k
IMPORTS (2022)$82.7k
NET TRADE (2022)$137k

In 2022, Guinea exported $220k in Coconut Oil. The main destinations of Guinea exports on Coconut Oil were Morocco ($209k), United States ($10.3k), Canada ($395), South Korea ($271), and France ($14).

In 2022, Guinea imported $82.7k in Coconut Oil, mainly from Malaysia ($72.4k), India ($8.23k), and United Arab Emirates ($2.03k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Guinea WERE (2021 - 2022):
Morocco$209k (1%)
South Korea$271 (1%)
Canada$81 (25.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Guinea WERE (2021 - 2022):
United States-$37.9k (-78.6%)
Turkey-$523 (-100%)
France-$232 (-94.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $54k
TOP IMPORT POTENTIALMalaysia+ $70.9k

Coconut Oil’s highest export potential is United States. With an export gap of $54k.   Coconut Oil’s highest import potential is Malaysia with an import gap of $70.9k.

See methodology.

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