2022
Exports
$4.38kWorld Rnk 168 / 196
Flag Rnk 251 / 511
2022
PRODUCT COMPLEXITY IN Essential Oils
-1.09Rnk 855 / 1025
2022
Imports
$156kWorld Rnk 156 / 214
Flag Rnk 618 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $4.38k in Essential Oils, making it the 168th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 251st most exported product in Guinea. The main destination of Essential Oils exports from Guinea are: China ($1.46k), Argentina ($1.42k), Burundi ($1.27k), Senegal ($209), and France ($14).

The fastest growing export markets for Essential Oils of Guinea between 2021 and 2022 were Burundi ($1.27k) and Senegal ($209).

Imports In 2022, Guinea imported $156k in Essential Oils, becoming the 156th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 618th most imported product in Guinea. Guinea imports Essential Oils primarily from: Lebanon ($107k), China ($25.6k), India ($22.6k), United Arab Emirates ($1.11k), and Turkey ($12).

The fastest growing import markets in Essential Oils for Guinea between 2021 and 2022 were Lebanon ($95.3k), China ($25.6k), and Portugal ($5).

Latest Trends

Jul 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 Essential Oils. 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)$4.38k
IMPORTS (2022)$156k
NET TRADE (2022)-$152k

In 2022, Guinea exported $4.38k in Essential Oils. The main destinations of Guinea exports on Essential Oils were China ($1.46k), Argentina ($1.42k), Burundi ($1.27k), Senegal ($209), and France ($14).

In 2022, Guinea imported $156k in Essential Oils, mainly from Lebanon ($107k), China ($25.6k), India ($22.6k), United Arab Emirates ($1.11k), and Turkey ($12).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Guinea WERE (2021 - 2022):
Burundi$1.27k (1%)
Senegal$209 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Guinea WERE (2021 - 2022):
China-$7.34k (-83.4%)
Argentina-$1.82k (-56.1%)
France-$58 (-80.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.29k
TOP IMPORT POTENTIALIndia+ $25.8k

Essential Oils’s highest export potential is China. With an export gap of $4.29k.   Essential Oils’s highest import potential is India with an import gap of $25.8k.

See methodology.

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