2022
Exports
$1.31kWorld Rnk 206 / 217
Flag Rnk 328 / 511
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$62.7MWorld Rnk 144 / 224
Flag Rnk 17 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $1.31k in Packaged Medicaments, making it the 206th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 328th most exported product in Guinea. The main destination of Packaged Medicaments exports from Guinea are: France ($389), South Korea ($304), Benin ($298), Singapore ($176), and Belgium ($79).

The fastest growing export markets for Packaged Medicaments of Guinea between 2021 and 2022 were South Korea ($304), France ($304), and Benin ($298).

Imports In 2022, Guinea imported $62.7M in Packaged Medicaments, becoming the 144th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 17th most imported product in Guinea. Guinea imports Packaged Medicaments primarily from: India ($24.9M), France ($19.6M), China ($9.32M), Germany ($2.6M), and Netherlands ($1.38M).

The fastest growing import markets in Packaged Medicaments for Guinea between 2021 and 2022 were Benin ($936k), Switzerland ($499k), and Cyprus ($205k).

Latest Trends

Aug 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 Packaged Medicaments. 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)$1.31k
IMPORTS (2022)$62.7M
NET TRADE (2022)-$62.7M

In 2022, Guinea exported $1.31k in Packaged Medicaments. The main destinations of Guinea exports on Packaged Medicaments were France ($389), South Korea ($304), Benin ($298), Singapore ($176), and Belgium ($79).

In 2022, Guinea imported $62.7M in Packaged Medicaments, mainly from India ($24.9M), France ($19.6M), China ($9.32M), Germany ($2.6M), and Netherlands ($1.38M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Guinea WERE (2021 - 2022):
South Korea$304 (1%)
France$304 (358%)
Benin$298 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Guinea WERE (2021 - 2022):
Senegal-$461k (-100%)
Trinidad and Tobago-$10.8k (-100%)
Singapore-$2.13k (-92.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guinea's main exporting competitors in Packaged Medicaments were:
In 2022, Guinea's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.81k
TOP IMPORT POTENTIALIndia+ $5.99M

Packaged Medicaments’s highest export potential is France. With an export gap of $2.81k.   Packaged Medicaments’s highest import potential is India with an import gap of $5.99M.

See methodology.

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