2023
Exports
$229kWorld Rnk 126 / 212
Flag Rnk 59 / 528
2023
PRODUCT COMPLEXITY IN Other Heating Machinery
1.3Rnk 78 / 1025
2023
Imports
$4.52MWorld Rnk 153 / 225
Flag Rnk 203 / 1029
2023
ECONOMIC COMPLEXITY of Guinea
-2.18Rnk 131 / 132

About

Exports In 2023, Guinea exported $229k in Other Heating Machinery, making it the 126th largest exporter of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 59th most exported product in Guinea. The main destination of Other Heating Machinery exports from Guinea are: Switzerland ($180k), United Kingdom ($48.3k), Belgium ($654), Cote d'Ivoire ($393), and Namibia ($147).

The fastest growing export markets for Other Heating Machinery of Guinea between 2022 and 2023 were Switzerland ($180k), United Kingdom ($48.3k), and Belgium ($654).

Imports In 2023, Guinea imported $4.52M in Other Heating Machinery, becoming the 153rd largest importer of Other Heating Machinery in the world. At the same year, Other Heating Machinery was the 203rd most imported product in Guinea. Guinea imports Other Heating Machinery primarily from: China ($1.48M), United States ($956k), India ($506k), France ($475k), and South Africa ($259k).

The fastest growing import markets in Other Heating Machinery for Guinea between 2022 and 2023 were United States ($890k), China ($284k), and Turkey ($94.8k).

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 Other Heating Machinery. 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 (2023)$229k
IMPORTS (2023)$4.52M
NET TRADE (2023)-$4.29M

In 2023, Guinea exported $229k in Other Heating Machinery. The main destinations of Guinea exports on Other Heating Machinery were Switzerland ($180k), United Kingdom ($48.3k), Belgium ($654), Cote d'Ivoire ($393), and Namibia ($147).

In 2023, Guinea imported $4.52M in Other Heating Machinery, mainly from China ($1.48M), United States ($956k), India ($506k), France ($475k), and South Africa ($259k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Heating Machinery EXPORT MARKETS FOR Guinea WERE (2022 - 2023):
Switzerland$180k (1%)
United Kingdom$48.3k (1%)
Belgium$654 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Heating Machinery BY Guinea WERE (2022 - 2023):
Sweden-$115k (-100%)
United States-$17k (-100%)
Canada-$1.19k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guinea's main exporting competitors in Other Heating Machinery were:
China $8.69B
Germany $5.96B
Italy $4.77B
In 2023, Guinea's main importing competitors in Other Heating Machinery were:

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Trade Value of Other Heating Machinery by Exporters

Potential Exports

Potential Exports

Flow
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N/AN/AN/A
TOP IMPORT POTENTIALChina+ $906k

Other Heating Machinery’s highest export potential is N/A. With an export gap of N/A.   Other Heating Machinery’s highest import potential is China with an import gap of $906k.

See methodology.

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