2022
Exports
$63.2kWorld Rnk 124 / 176
Flag Rnk 98 / 511
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$301MWorld Rnk 33 / 221
Flag Rnk 2 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $63.2k in Rice, making it the 124th largest exporter of Rice in the world. At the same year, Rice was the 98th most exported product in Guinea. The main destination of Rice exports from Guinea are: Chile ($63k) and Belgium ($165).

The fastest growing export markets for Rice of Guinea between 2021 and 2022 were Belgium ($67).

Imports In 2022, Guinea imported $301M in Rice, becoming the 33rd largest importer of Rice in the world. At the same year, Rice was the 2nd most imported product in Guinea. Guinea imports Rice primarily from: India ($284M), Burma ($6.15M), Thailand ($5.31M), Pakistan ($3.58M), and United States ($1.44M).

The fastest growing import markets in Rice for Guinea between 2021 and 2022 were India ($20.7M), Burma ($3.3M), and Thailand ($926k).

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 Rice. 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)$63.2k
IMPORTS (2022)$301M
NET TRADE (2022)-$301M

In 2022, Guinea exported $63.2k in Rice. The main destinations of Guinea exports on Rice were Chile ($63k) and Belgium ($165).

In 2022, Guinea imported $301M in Rice, mainly from India ($284M), Burma ($6.15M), Thailand ($5.31M), Pakistan ($3.58M), and United States ($1.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Guinea WERE (2021 - 2022):Belgium$67 (68.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Guinea WERE (2021 - 2022):
Chile-$33k (-34.3%)
France-$202 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guinea's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Guinea's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChile+ $6.49k
TOP IMPORT POTENTIALThailand+ $3.29M

Rice’s highest export potential is Chile. With an export gap of $6.49k.   Rice’s highest import potential is Thailand with an import gap of $3.29M.

See methodology.

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