2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Estonia-Guinea In 2022, Estonia exported $41k to Guinea. The main products that Estonia exported to Guinea are Other Headwear ($9.13k), Centrifuges ($5.11k), and Low-voltage Protection Equipment ($4.13k). During the last 25 years the exports of Estonia to Guinea have increased at an annualized rate of 13.2%, from $1.83k in 1997 to $41k in 2022.

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

Guinea-Estonia In 2022, Guinea exported $325k to Estonia. The main products that Guinea exported to Estonia were Cocoa Beans ($323k), Frozen Fruits and Nuts ($1.57k), and Frozen Vegetables ($190). During the last 25 years the exports of Guinea to Estonia have increased at an annualized rate of 9.92%, from $30.5k in 1997 to $325k in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $41k to Guinea. The main products exported from Estonia to Guinea were Other Headwear ($9.13k), Centrifuges ($5.11k), and Low-voltage Protection Equipment ($4.13k). During the last 25 years the exports of Estonia to Guinea have increased at an annualized rate of 13.2%, from $1.83k in 1997 to $41k in 2022.

In 2022, Guinea exported $325k to Estonia. The main products exported from Guinea to Estonia were Cocoa Beans ($323k), Frozen Fruits and Nuts ($1.57k), and Frozen Vegetables ($190). During the last 26 years the exports of Guinea to Estonia have increased at an annualized rate of 9.92%, from $30.5k in 1996 to $325k in 2022.

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

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

Latest Data

Trade between Estonia (Flag) and Guinea (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Guinea
Top Destination
China$3.81B

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

In 2021, countries that imported more from Estonia than Guinea were Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2021, countries that imported more from Guinea than Estonia were China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

Comparative Advantage Estonia - Guinea

Flow
Scale

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

During 2022, Estonia had a large net trade with Guinea in the exports of Machines ($17.7k), Footwear and Headwear ($10.8k), and Plastics and Rubbers ($5.84k).

During 2022, Guinea had a large net trade with Estonia in the exports of Foodstuffs ($323k) and Vegetable Products ($1.76k).

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

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

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