2022
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GDP
$21.2BCURRENT US$
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2012-2022
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GDP GROWTH
178%CURRENT US$
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2022
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 GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC 
$1,532CURRENT US$
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2012-2022
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GDP PC GROWTH
116%CURRENT US$
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2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Guinea-Spain In 2022, Guinea exported $211M to Spain. The main products that Guinea exported to Spain are Aluminium Ore ($203M), Rubber ($7.33M), and Gold ($650k). During the last 27 years the exports of Guinea to Spain have increased at an annualized rate of 3.69%, from $79.2M in 1995 to $211M in 2022.

In 2022, Guinea did not export any services to Spain.

Spain-Guinea In 2022, Spain exported $146M to Guinea. The main products that Spain exported to Guinea were Refined Petroleum ($79.6M), Poultry Meat ($13.6M), and Nitrogenous Fertilizers ($5.75M). During the last 27 years the exports of Spain to Guinea have increased at an annualized rate of 5.91%, from $31M in 1995 to $146M in 2022.

In 2022, Spain did not export any services to Guinea.

Comparison In 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea exported $211M to Spain. The main products exported from Guinea to Spain were Aluminium Ore ($203M), Rubber ($7.33M), and Gold ($650k). During the last 27 years the exports of Guinea to Spain have increased at an annualized rate of 3.69%, from $79.2M in 1995 to $211M in 2022.

In 2022, Spain exported $146M to Guinea. The main products exported from Spain to Guinea were Refined Petroleum ($79.6M), Poultry Meat ($13.6M), and Nitrogenous Fertilizers ($5.75M). During the last 27 years the exports of Spain to Guinea have increased at an annualized rate of 5.91%, from $31M in 1995 to $146M in 2022.

Exports from Guinea (Flag) to Spain (Flag) (2022)

Exports from Spain (Flag) to Guinea (Flag) (2022)

Latest Data

Trade between Guinea (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Spain
Top Destination
France$65.2B

This map shows whether countries import more from Guinea or Spain. Each country is colored based on the difference in imports they receive from Guinea and Spain or the difference in the growth in imports.

In 2021, countries that imported more from Guinea than Spain were United Arab Emirates ($2.59B), India ($2.77B), and Brunei ($36.8M).

In 2021, countries that imported more from Spain than Guinea were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain (Flag) and Guinea (Flag) (2022)

Comparative Advantage Guinea - Spain

Flow
Scale

This chart compares trade between Guinea and Spain by product, considering products traded by both, Guinea and Spain.

During 2022, Guinea had a large net trade with Spain in the exports of Mineral Products ($203M), Plastics and Rubbers ($7.34M), and Precious Metals ($650k).

During 2022, Spain had a large net trade with Guinea in the exports of Mineral Products ($87.8M), Animal Products ($15.5M), and Machines ($8.73M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Guinea has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Guinea.

Product Space of Guinea (Flag) and Spain (Flag) (2022)

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