2022
Exports
$45.7kWorld Rnk 135 / 194
Flag Rnk 113 / 511
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$279kWorld Rnk 171 / 223
Flag Rnk 539 / 1018
2022
ECONOMIC COMPLEXITY of Guinea
-2.2Rnk 132 / 133

About

Exports In 2022, Guinea exported $45.7k in Spices, making it the 135th largest exporter of Spices in the world. At the same year, Spices was the 113th most exported product in Guinea. The main destination of Spices exports from Guinea are: United States ($24.9k), Netherlands ($14.4k), France ($4.27k), Belgium ($1.14k), and Kuwait ($525).

The fastest growing export markets for Spices of Guinea between 2021 and 2022 were France ($1.52k), Kuwait ($525), and Belgium ($451).

Imports In 2022, Guinea imported $279k in Spices, becoming the 171st largest importer of Spices in the world. At the same year, Spices was the 539th most imported product in Guinea. Guinea imports Spices primarily from: India ($135k), Lebanon ($74.2k), United Arab Emirates ($52.2k), China ($5.67k), and France ($4.83k).

The fastest growing import markets in Spices for Guinea between 2021 and 2022 were United Arab Emirates ($33.4k), Lebanon ($27.7k), and China ($5.67k).

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 Spices. 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)$45.7k
IMPORTS (2022)$279k
NET TRADE (2022)-$233k

In 2022, Guinea exported $45.7k in Spices. The main destinations of Guinea exports on Spices were United States ($24.9k), Netherlands ($14.4k), France ($4.27k), Belgium ($1.14k), and Kuwait ($525).

In 2022, Guinea imported $279k in Spices, mainly from India ($135k), Lebanon ($74.2k), United Arab Emirates ($52.2k), China ($5.67k), and France ($4.83k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Guinea WERE (2021 - 2022):
France$1.52k (55.5%)
Kuwait$525 (1%)
Belgium$451 (65.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Guinea WERE (2021 - 2022):
United States-$14.7k (-37.1%)
Morocco-$1.77k (-100%)
Netherlands-$908 (-5.93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $39.2k
TOP IMPORT POTENTIALIndia+ $61.3k

Spices’s highest export potential is United States. With an export gap of $39.2k.   Spices’s highest import potential is India with an import gap of $61.3k.

See methodology.

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