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2022
Exports $36.8MWorld Rnk 85 / 149
Flag Rnk 6 / 511
falsefalse Brunei
2022
PRODUCT COMPLEXITY IN Crude Petroleum-2.25Rnk 1011 / 1025
2022
Imports $7.97kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Guinea-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $36.8M in Crude Petroleum, making it the 85th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 6th most exported product in Guinea. The main destination of Crude Petroleum exports from Guinea are: Brunei ($36.8M).

The fastest growing export markets for Crude Petroleum of Guinea between N/A and 2022 were Brunei ($36.8M).

Imports In 2021, Guinea imported $7.97k in Crude Petroleum, becoming the 0th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 0th most imported product in Guinea. Guinea imports Crude Petroleum primarily from: N/A.

Latest Trends

Oct 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 Crude Petroleum. 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)$36.8M
IMPORTS (2021)$7.97k
NET TRADE (2022)$36.8M

In 2022, Guinea exported $36.8M in Crude Petroleum. The main destinations of Guinea exports on Crude Petroleum were Brunei ($36.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Guinea WERE (N/A - 2022):Brunei$36.8M (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guinea's main exporting competitors in Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B
In 2022, Guinea's main importing competitors in Crude Petroleum were:
China $287B
United States $199B
India $170B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.54k
TOP IMPORT POTENTIALNigeria+ $805

Crude Petroleum’s highest export potential is China. With an export gap of $1.54k.   Crude Petroleum’s highest import potential is Nigeria with an import gap of $805.

See methodology.

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