2022
Exports
$5.23BWorld Rnk 21 / 176
Flag Rnk 1 / 511
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$1.61MWorld Rnk 111 / 178
Flag Rnk 320 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $5.23B in Gold, making it the 21st 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 ($2.45B), India ($2.41B), Switzerland ($345M), France ($15.5M), and Spain ($650k).

The fastest growing export markets for Gold of Guinea between 2021 and 2022 were United Arab Emirates ($116M), Switzerland ($105M), and Spain ($650k).

Imports In 2022, Guinea imported $1.61M in Gold, becoming the 111th largest importer of Gold in the world. At the same year, Gold was the 320th most imported product in Guinea. Guinea imports Gold primarily from: United Arab Emirates ($1.31M), India ($244k), and Senegal ($50.4k).

The fastest growing import markets in Gold for Guinea between N/A and 2022 were United Arab Emirates ($1.31M), India ($244k), and Senegal ($50.4k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$5.23B
IMPORTS (2022)$1.61M
NET TRADE (2022)$5.23B

In 2022, Guinea exported $5.23B in Gold. The main destinations of Guinea exports on Gold were United Arab Emirates ($2.45B), India ($2.41B), Switzerland ($345M), France ($15.5M), and Spain ($650k).

In 2022, Guinea imported $1.61M in Gold, mainly from United Arab Emirates ($1.31M), India ($244k), and Senegal ($50.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Guinea WERE (2021 - 2022):
Switzerland$105M (43.8%)
Spain$650k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Guinea WERE (2021 - 2022):
India-$742M (-23.5%)
Lebanon-$38.6M (-100%)
Turkey-$2.72M (-91.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Guinea's main exporting competitors in Gold were:
In 2022, 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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