2023
Exports
$9.65BWorld Rnk 17 / 167
Flag Rnk 1 / 528
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$2.97MWorld Rnk 110 / 174
Flag Rnk 256 / 1029
2023
ECONOMIC COMPLEXITY of Guinea
-2.18Rnk 131 / 132

About

Exports In 2023, Guinea exported $9.65B in Gold, making it the 17th largest exporter of Gold in the world. At the same year, Gold was the 1st most exported product in Guinea. The main destination of Gold exports from Guinea are: United Arab Emirates ($8.36B), India ($1.04B), Switzerland ($240M), France ($5.12M), and United States ($2.62M).

The fastest growing export markets for Gold of Guinea between 2022 and 2023 were United Arab Emirates ($5.91B), United States ($2.62M), and Japan ($1.21M).

Imports In 2023, Guinea imported $2.97M in Gold, becoming the 110th largest importer of Gold in the world. At the same year, Gold was the 256th most imported product in Guinea. Guinea imports Gold primarily from: United Arab Emirates ($2.97M).

The fastest growing import markets in Gold for Guinea between 2022 and 2023 were United Arab Emirates ($1.66M).

Historical Data

Trade Balance

Color
EXPORTS (2023)$9.65B
IMPORTS (2023)$2.97M
NET TRADE (2023)$9.65B

In 2023, Guinea exported $9.65B in Gold. The main destinations of Guinea exports on Gold were United Arab Emirates ($8.36B), India ($1.04B), Switzerland ($240M), France ($5.12M), and United States ($2.62M).

In 2023, Guinea imported $2.97M in Gold, mainly from United Arab Emirates ($2.97M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Guinea WERE (2022 - 2023):
United States$2.62M (1%)
Japan$1.21M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Guinea WERE (2022 - 2023):
India-$1.38B (-57%)
Switzerland-$105M (-30.4%)
France-$10.4M (-67%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Guinea's main exporting competitors in Gold were:
In 2023, Guinea's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $206M
TOP IMPORT POTENTIALUnited Arab Emirates+ $418k

Gold’s highest export potential is Switzerland. With an export gap of $206M.   Gold’s highest import potential is United Arab Emirates with an import gap of $418k.

See methodology.

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