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Pricing

2022
Flag → Flag
Exports $146MRnk 96 / 218
2022
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Top Product $79.6MRefined Petroleum
2022
Flag → Flag
Exports $211MRnk 5 / 105
2022
Flag → Flag
Top Product $203MAluminium Ore
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI -2.66Rnk 124 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
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GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
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GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Spain-Guinea In 2022, Spain exported $146M to Guinea. The main products that Spain exported to Guinea are 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.

Guinea-Spain In 2022, Guinea exported $211M to Spain. The main products that Guinea exported 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, Guinea did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Guinea ranked 124 in the Economic Complexity Index (ECI -2.66), and 101 in total exports ($10.4B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €8.07M and imported €3.69M from Guinea, resulting in a positive trade balance of €4.38M. Between January 2023 and January 2024 the exports of Spain have increased by €722k (9.83%) from €7.35M to €8.07M, while imports decreased by €-4.1M (-52.7%) from €7.79M to €3.69M.

Trade In January 2024, the top exports of Spain to Guinea were Iron Railway Products (€4.1M), Poultry Meat (€1.22M), Flavored Water (€320k), Gypsum (€253k), and Iron Structures (€225k). In January 2024 the top imports of Spain from Guinea were Aluminium Ore (€7.39M), Rubber (€387k), Oscilloscopes (€11.6k), Valves (€615), and Water (€102).

Origins In January 2024 the exports of Spain were mainly from Murcia (€4.42M), Barcelona (€1.75M), Girona (€501k), Castellón (€158k), and Valencia (€140k), while imports destinations were mainly Lugo (€2.99M), Vizcaya (€414k), Valladolid (€169k), Valencia (€116k), and Barcelona (€173).

Growth In January 2024, the increase in Spain's year-by-year exports to Guinea was explained primarily by an increase in product exports in Iron Structures (€184k or 445%), Unglazed Ceramics (€79.7k or 57.6%), and Flavored Water (€57.5k or 21.9%). In January 2024, the decrease in Spain's year-by-year imports  from Guinea was explained primarily by an decrease in product imports  in Aluminium Ore (€-11M or -59.8%) and Rubber (€-256k or -39.8%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€722k(9.83%)
IMPORT GROWTH (January 2023 - January 2024)€-4.1M(-52.7%)
MAIN EXPORTER (January 2024)Murcia€4.42M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Guinea and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Guinea
Top DestinationChina$3.81B

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

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

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

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

Comparative Advantage Spain - Guinea

Flow
Scale

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

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).

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).

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 Spain has comparative advantage over Guinea. Similarly, the more yellow a dot/product is, the more Guinea has comparative advantage over Spain.

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

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