2022
Exports
$980World Rnk 137 / 153
Flag Rnk 348 / 511
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.26Rnk 899 / 1025
2022
Imports
$13.7kWorld Rnk 199 / 214
Flag Rnk 837 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $980 in Other Vegetable Oils, making it the 137th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 348th most exported product in Guinea. The main destination of Other Vegetable Oils exports from Guinea are: South Korea ($845), France ($134), and Ireland ($1).

The fastest growing export markets for Other Vegetable Oils of Guinea between 2021 and 2022 were South Korea ($675) and Ireland ($1).

Imports In 2022, Guinea imported $13.7k in Other Vegetable Oils, becoming the 199th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 837th most imported product in Guinea. Guinea imports Other Vegetable Oils primarily from: Senegal ($8.54k), India ($1.71k), United Arab Emirates ($1.47k), Lebanon ($1.15k), and Netherlands ($372).

The fastest growing import markets in Other Vegetable Oils for Guinea between 2021 and 2022 were India ($1.61k), United Arab Emirates ($1.47k), and Lebanon ($1.15k).

Latest Trends

Oct 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 Other Vegetable 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)$980
IMPORTS (2022)$13.7k
NET TRADE (2022)-$12.7k

In 2022, Guinea exported $980 in Other Vegetable Oils. The main destinations of Guinea exports on Other Vegetable Oils were South Korea ($845), France ($134), and Ireland ($1).

In 2022, Guinea imported $13.7k in Other Vegetable Oils, mainly from Senegal ($8.54k), India ($1.71k), United Arab Emirates ($1.47k), Lebanon ($1.15k), and Netherlands ($372).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Guinea WERE (2021 - 2022):
South Korea$675 (397%)
Ireland$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Guinea WERE (2021 - 2022):France-$265 (-66.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSouth Korea+ $1.37k
TOP IMPORT POTENTIALIndia+ $2.95k

Other Vegetable Oils’s highest export potential is South Korea. With an export gap of $1.37k.   Other Vegetable Oils’s highest import potential is India with an import gap of $2.95k.

See methodology.

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