Guinea
Compare Guinea →GN · GIN · BACI 324 · latest data 2024
Exports
= $9,645 M44.1% over 5 yrs (up)
Imports
= $7,760 M76.2% over 5 yrs (up)
Trade balancesurplus
= $1,885 M
Total trade
= $17,405 M56.8% over 5 yrs (up)
- World position
- #103 of 225 exporters · top half · #128 of 225 importers · bottom half · 2024
- World export share since 1995
- +0.0 pp
Trade timeline
Guinea's exports grew from $893M in 1995 to $9.6B in 2024; the 2024 balance was $1.9B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $893 M | $970 M | −$77 M | $1,863 M |
| 1996 | $1,049 M | $881 M | $167 M | $1,930 M |
| 1997 | $1,072 M | $891 M | $181 M | $1,963 M |
| 1998 | $1,063 M | $788 M | $275 M | $1,851 M |
| 1999 | $947 M | $803 M | $143 M | $1,750 M |
| 2000 | $1,034 M | $781 M | $253 M | $1,815 M |
| 2001 | $1,134 M | $817 M | $316 M | $1,951 M |
| 2002 | $1,094 M | $961 M | $134 M | $2,055 M |
| 2003 | $921 M | $848 M | $73 M | $1,769 M |
| 2004 | $1,023 M | $1,208 M | −$185 M | $2,230 M |
| 2005 | $1,450 M | $1,413 M | $38 M | $2,863 M |
| 2006 | $1,468 M | $1,634 M | −$166 M | $3,103 M |
| 2007 | $2,314 M | $1,996 M | $318 M | $4,310 M |
| 2008 | $2,415 M | $2,710 M | −$295 M | $5,125 M |
| 2009 | $1,101 M | $1,980 M | −$879 M | $3,081 M |
| 2010 | $2,080 M | $2,037 M | $43 M | $4,117 M |
| 2011 | $1,997 M | $3,005 M | −$1,008 M | $5,002 M |
| 2012 | $2,083 M | $3,334 M | −$1,251 M | $5,417 M |
| 2013 | $2,847 M | $3,757 M | −$909 M | $6,604 M |
| 2014 | $3,468 M | $3,793 M | −$325 M | $7,261 M |
| 2015 | $2,737 M | $3,469 M | −$731 M | $6,206 M |
| 2016 | $4,088 M | $4,626 M | −$538 M | $8,713 M |
| 2017 | $6,127 M | $3,919 M | $2,207 M | $10,046 M |
| 2018 | $6,184 M | $4,259 M | $1,925 M | $10,444 M |
| 2019 | $6,692 M | $4,405 M | $2,287 M | $11,097 M |
| 2020 | $12,121 M | $4,753 M | $7,367 M | $16,874 M |
| 2021 | $10,166 M | $5,328 M | $4,839 M | $15,494 M |
| 2022 | $11,216 M | $6,181 M | $5,035 M | $17,398 M |
| 2023 | $17,952 M | $6,739 M | $11,213 M | $24,691 M |
| 2024 | $9,645 M | $7,760 M | $1,885 M | $17,405 M |
Trading partners
China was Guinea's top trading partner in 2024, at 66.5% of total trade; the top five partners covered 80.5%.
- Top partner share
- 66.5%
- Top-5 share
- 80.5%
- Partners
- 114
- Partner HHI (0–1)
- 0.452
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | China | $7,638 M | $3,930 M | $11,568 M | $3,708 M |
| #2 | India | $723 M | $813 M | $1,535 M | −$90 M |
| #3 | Malaysia | $280 M | $51 M | $330 M | $229 M |
| #4 | Germany | $135 M | $182 M | $317 M | −$47 M |
| #5 | Belgium | $23 M | $232 M | $255 M | −$209 M |
| #6 | France | $15 M | $234 M | $248 M | −$219 M |
| #7 | Türkiye | $44 M | $201 M | $245 M | −$158 M |
| #8 | Netherlands | $105 M | $130 M | $235 M | −$25 M |
| #9 | Morocco | $16 M | $199 M | $215 M | −$183 M |
| #10 | Brazil | $0 M | $203 M | $203 M | −$203 M |
| #11 | Spain | $114 M | $82 M | $196 M | $31 M |
| #12 | Indonesia | $62 M | $134 M | $196 M | −$72 M |
| #13 | Italy | $101 M | $92 M | $193 M | $10 M |
| #14 | Ireland | $157 M | $35 M | $192 M | $122 M |
| #15 | Senegal | $3 M | $189 M | $191 M | −$186 M |
Products & sectors
Product composition of Guinea's trade in 2024.
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Concentration & risk
Guinea's export partners concentrated over 1995–2024 — HHI 0.082 → 0.635, a concentrated export base across 105 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.082 | 0.080 | 91 | 118 |
| 1996 | 0.079 | 0.078 | 94 | 117 |
| 1997 | 0.073 | 0.077 | 100 | 126 |
| 1998 | 0.080 | 0.085 | 92 | 114 |
| 1999 | 0.086 | 0.072 | 92 | 121 |
| 2000 | 0.078 | 0.067 | 113 | 143 |
| 2001 | 0.083 | 0.060 | 119 | 135 |
| 2002 | 0.076 | 0.057 | 107 | 132 |
| 2003 | 0.074 | 0.054 | 95 | 97 |
| 2004 | 0.081 | 0.052 | 108 | 132 |
| 2005 | 0.080 | 0.046 | 112 | 138 |
| 2006 | 0.081 | 0.051 | 121 | 142 |
| 2007 | 0.144 | 0.053 | 119 | 150 |
| 2008 | 0.091 | 0.052 | 123 | 150 |
| 2009 | 0.094 | 0.055 | 106 | 109 |
| 2010 | 0.102 | 0.084 | 113 | 108 |
| 2011 | 0.135 | 0.083 | 113 | 106 |
| 2012 | 0.074 | 0.089 | 124 | 105 |
| 2013 | 0.097 | 0.083 | 138 | 156 |
| 2014 | 0.125 | 0.098 | 129 | 151 |
| 2015 | 0.111 | 0.091 | 127 | 150 |
| 2016 | 0.123 | 0.085 | 126 | 153 |
| 2017 | 0.266 | 0.132 | 120 | 113 |
| 2018 | 0.271 | 0.128 | 118 | 116 |
| 2019 | 0.269 | 0.173 | 121 | 115 |
| 2020 | 0.367 | 0.184 | 115 | 109 |
| 2021 | 0.257 | 0.182 | 117 | 103 |
| 2022 | 0.280 | 0.161 | 114 | 109 |
| 2023 | 0.389 | 0.178 | 109 | 98 |
| 2024 | 0.635 | 0.275 | 105 | 96 |
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