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2020
Exports $465World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Industrial Furnaces0.99Rnk 180 / 1025
2020
Imports $1.68MWorld Rnk 129 / 213
Flag Rnk 336 / 1029
2023
ECONOMIC COMPLEXITY of Guinea-2.18Rnk 131 / 132

About

Imports In 2023, Guinea imported $1.68M in Industrial Furnaces, becoming the 129th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 336th most imported product in Guinea. Guinea imports Industrial Furnaces primarily from: China ($532k), United Kingdom ($497k), France ($208k), Turkey ($132k), and Belgium ($122k).

The fastest growing import markets in Industrial Furnaces for Guinea between 2022 and 2023 were United Kingdom ($493k), China ($357k), and Belgium ($122k).

Latest Trends

Jan 2025

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 Industrial Furnaces. 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 (2020)$465
IMPORTS (2023)$1.68M
NET TRADE (2023)-$1.68M

In 2023, Guinea imported $1.68M in Industrial Furnaces, mainly from China ($532k), United Kingdom ($497k), France ($208k), Turkey ($132k), and Belgium ($122k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guinea's main exporting competitors in Industrial Furnaces were:
China $2B
Germany $701M
Italy $631M
In 2023, Guinea's main importing competitors in Industrial Furnaces were:
United States $442M
India $348M
Indonesia $325M

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $468
TOP IMPORT POTENTIALChina+ $204k

Industrial Furnaces’s highest export potential is United States. With an export gap of $468.   Industrial Furnaces’s highest import potential is China with an import gap of $204k.

See methodology.

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