2018
Exports
$107kWorld Rnk 129 / 207
Flag Rnk 78 / 528
2023
PRODUCT COMPLEXITY IN Thermostats
1.17Rnk 113 / 1025
2018
Imports
$1.89MWorld Rnk 143 / 223
Flag Rnk 320 / 1029
2023
ECONOMIC COMPLEXITY of Guinea
-2.18Rnk 131 / 132

About

Exports In 2018, Guinea exported $107k in Thermostats, making it the 129th largest exporter of Thermostats in the world. At the same year, Thermostats was the 78th most exported product in Guinea. The main destination of Thermostats exports from Guinea are: France ($99.3k), Namibia ($4.5k), Israel ($2k), Thailand ($1.1k), and Serbia ($143).

The fastest growing export markets for Thermostats of Guinea between 2022 and 2023 were France ($97.3k), Namibia ($4.5k), and Israel ($2k).

Imports In 2023, Guinea imported $1.89M in Thermostats, becoming the 143rd largest importer of Thermostats in the world. At the same year, Thermostats was the 320th most imported product in Guinea. Guinea imports Thermostats primarily from: China ($1.14M), France ($188k), United Arab Emirates ($117k), South Africa ($106k), and Chinese Taipei ($75.6k).

The fastest growing import markets in Thermostats for Guinea between 2022 and 2023 were China ($515k), France ($91.9k), and Chinese Taipei ($68.6k).

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 Thermostats. 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)$107k
IMPORTS (2023)$1.89M
NET TRADE (2023)-$1.78M

In 2023, Guinea exported $107k in Thermostats. The main destinations of Guinea exports on Thermostats were France ($99.3k), Namibia ($4.5k), Israel ($2k), Thailand ($1.1k), and Serbia ($143).

In 2023, Guinea imported $1.89M in Thermostats, mainly from China ($1.14M), France ($188k), United Arab Emirates ($117k), South Africa ($106k), and Chinese Taipei ($75.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Guinea WERE (2022 - 2023):
France$97.3k (4.91k%)
Namibia$4.5k (1%)
Israel$2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Guinea WERE (2022 - 2023):
United States-$6.63k (-100%)
Singapore-$4.46k (-100%)
Finland-$674 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Guinea's main exporting competitors in Thermostats were:
In 2023, Guinea's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25k
TOP IMPORT POTENTIALChina+ $378k

Thermostats’s highest export potential is United States. With an export gap of $25k.   Thermostats’s highest import potential is China with an import gap of $378k.

See methodology.

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