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Guinea trade in 2024

In 2024, Guinea exported $9.6 billion and imported $7.8 billion, a trade surplus of $1.9 billion. It was the world's 104th-largest exporter, with 0.04% of world exports. Its top export was bauxite (aluminum ore) (86.2% of the total) and its main trading partner was China (66.5% of its trade).

Summary

Exports
$9.6billion
Imports
$7.8billion
Trade balance
+$1.9billion
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Bauxite (aluminum ore) (86.2%) and cocoa beans (5%) together make up 91.2% of its exports.

  1. Bauxite (aluminum ore)$8.3 billion · 86.2%
    Main partner: China
  2. Cocoa beans$485 million · 5%
    Main partner: Malaysia
  3. Gold$448 million · 4.6%
    Main partner: India
  4. Coconuts, Brazil nuts and cashews$98 million · 1%
    Main partner: India
  5. Natural gas and LPG$48 million · 0.5%
    Main partner: Egypt
  6. Frozen fish$38 million · 0.4%
    Main partner: South Korea
  7. Natural rubber$37 million · 0.38%
    Main partner: Malaysia
  8. Coffee$31 million · 0.33%
    Main partner: Morocco
  9. Meat and fish meal$27 million · 0.28%
    Main partner: Turkey
  10. Iron ore$21 million · 0.22%
    Main partner: China

What it imports

Rice (6.4%) and bulldozers and excavators (3.3%) together make up 9.7% of its imports.

  1. Rice$500 million · 6.4%
    Main partner: India
  2. Bulldozers and excavators$254 million · 3.3%
    Main partner: China
  3. Trucks$224 million · 2.9%
    Main partner: China
  4. Steel structures$219 million · 2.8%
    Main partner: China
  5. Refined petroleum$207 million · 2.7%
    Main partner: Belgium
  6. Parts for cranes and excavators$196 million · 2.5%
    Main partner: China
  7. Cane and beet sugar$195 million · 2.5%
    Main partner: Brazil
  8. Motorcycles$142 million · 1.8%
    Main partner: India
  9. Palm oil$133 million · 1.7%
    Main partner: Indonesia
  10. Cars$112 million · 1.4%
    Main partner: Belgium
By Harmonized System chapter (96)
ChapterExportsImports
26 · Ores and slag$8.3 billion$6 million
18 · Cocoa and chocolate$485 million$8 million
71 · Gems and precious metals$466 million$2 million
08 · Fruit and nuts$99 million$8 million
27 · Oil, gas and coal$49 million$228 million
03 · Fish and seafood$42 million$59 million
40 · Rubber$37 million$154 million
09 · Coffee, tea and spices$31 million$24 million
23 · Animal feed and food waste$28 million$10 million
74 · Copper$19 million$4 million
76 · Aluminum$14 million$85 million
78 · Lead$8 million$50 thousand
15 · Fats and oils$8 million$161 million
12 · Oilseeds and grains$5 million$1 million
84 · Mechanical machinery$3 million$1.1 billion
72 · Iron and steel$3 million$250 million
44 · Wood$2 million$26 million
28 · Inorganic chemicals$2 million$53 million
87 · Vehicles$2 million$829 million
38 · Miscellaneous chemicals$2 million$98 million
22 · Beverages and spirits$2 million$38 million
85 · Electrical and electronic equipment$1 million$606 million
16 · Prepared meat and fish$785 thousand$28 million
39 · Plastics$680 thousand$312 million
86 · Railway equipment$364 thousand$71 million
63 · Home textiles and used clothing$309 thousand$97 million
20 · Preserved fruit and vegetables$291 thousand$19 million
90 · Precision and medical instruments$283 thousand$47 million
82 · Tools and cutlery$243 thousand$31 million
88 · Aircraft and spacecraft$236 thousand$1 million
25 · Salt, stone and cement$234 thousand$89 million
97 · Art and antiques$223 thousand$197 thousand
19 · Baked goods and cereal products$217 thousand$107 million
07 · Vegetables$214 thousand$47 million
92 · Musical instruments$198 thousand$257 thousand
62 · Woven clothing$171 thousand$76 million
73 · Iron and steel products$163 thousand$528 million
30 · Pharmaceuticals$142 thousand$76 million
94 · Furniture and lighting$130 thousand$154 million
10 · Cereals$127 thousand$601 million
32 · Dyes, paints and tanning agents$126 thousand$17 million
61 · Knitted clothing$115 thousand$99 million
29 · Organic chemicals$96 thousand$10 million
70 · Glass$94 thousand$16 million
49 · Books and printed matter$93 thousand$6 million
21 · Food preparations$92 thousand$119 million
48 · Paper and paperboard$80 thousand$63 million
06 · Live plants and flowers$74 thousand$108 thousand
11 · Milling products and malt$73 thousand$8 million
64 · Footwear$71 thousand$126 million
93 · Weapons and ammunition$64 thousand$1 million
04 · Dairy, eggs and honey$55 thousand$19 million
96 · Other manufactured goods$55 thousand$31 million
79 · Zinc$47 thousand$238 thousand
33 · Perfumes and cosmetics$46 thousand$47 million
34 · Soap and cleaning products$36 thousand$31 million
01 · Live animals$35 thousand$2 million
42 · Leather goods and bags$29 thousand$51 million
81 · Other base metals$16 thousand$302 thousand
95 · Toys and sports gear$14 thousand$13 million
83 · Miscellaneous metal goods$14 thousand$44 million
65 · Hats$13 thousand$6 million
69 · Ceramics$9 thousand$92 million
17 · Sugar and sweets$8 thousand$213 million
05 · Other animal products$7 thousand$128 thousand
57 · Carpets and rugs$7 thousand$6 million
41 · Hides and leather$6 thousand$584
89 · Ships and boats$6 thousand$227 million
35 · Glues, starches and enzymes$5 thousand$7 million
47 · Wood pulp$5 thousand$2 million
13 · Gums and plant extracts$4 thousand$205 thousand
52 · Cotton$3 thousand$42 million
68 · Stone, plaster and cement articles$2 thousand$69 million
58 · Special fabrics and lace$1 thousand$10 million
67 · Feathers and artificial flowers$1 thousand$3 million
56 · Felt, nonwovens and rope$1 thousand$23 million
91 · Watches and clocks$761$1 million
24 · Tobacco$502$53 million
59 · Coated and technical textiles$351$8 million
51 · Wool$202$11 thousand
55 · Synthetic staple fibers$104$18 million
37 · Photographic goods$74$727 thousand
43 · Fur and fur goods$65$41 thousand
31 · Fertilizers$61$23 million
54 · Synthetic filaments$53$37 million
66 · Umbrellas and canes$40$2 million
50 · Silk$6$0
02 · Meat and offal$0$112 million
36 · Explosives and matches$0$13 million
60 · Knitted fabric$0$9 million
53 · Other plant fibers$0$1 million
46 · Wicker and basketware$0$306 thousand
14 · Other plant products$0$83 thousand
80 · Tin$0$68 thousand
75 · Nickel$0$33 thousand
45 · Cork$0$11 thousand

Trading partners

China is its main destination (79.2% of exports) and source (50.6% of imports).

Who it sells to

PartnerValue (USD billions)ShareMode
China7.679.2%Sea
India0.727.5%Sea
Malaysia0.282.9%Sea
Ireland0.161.6%Sea
Germany0.131.4%Sea
Spain0.111.2%Sea
Netherlands0.111.1%Sea
Italy0.11.1%Air
Indonesia0.060.64%Sea
Egypt0.050.5%Sea

Who it buys from

PartnerValue (USD billions)ShareMode
China3.950.6%Sea
India0.8110.5%Sea
France0.233%Sea
Belgium0.233%Sea
Brazil0.22.6%Sea
Turkey0.22.6%Sea
Morocco0.22.6%Sea
Senegal0.192.4%Sea
Germany0.182.4%Sea
Côte d'Ivoire0.182.3%Land

Overview 1995–2024

In 2024, Guinea accounted for 0.04% of world exports, compared with 0.02% in 1995.

Exports and imports

Exports grew 11-fold since 1995

USD billions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 9.6
  • Imports 7.8
  • Balance +1.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$892 million$962 million-$70 million
1996$1 billion$863 million$186 million
1997$1.1 billion$865 million$207 million
1998$1.1 billion$769 million$294 million
1999$947 million$791 million$156 million
2000$1 billion$792 million$242 million
2001$1.1 billion$807 million$327 million
2002$1.1 billion$938 million$156 million
2003$921 million$848 million$73 million
2004$1 billion$1.2 billion-$205 million
2005$1.5 billion$1.4 billion$56 million
2006$1.5 billion$1.6 billion-$155 million
2007$2.3 billion$1.9 billion$430 million
2008$2.4 billion$2.6 billion-$196 million
2009$1.1 billion$2 billion-$879 million
2010$2.1 billion$2 billion$43 million
2011$2 billion$3 billion-$1 billion
2012$2.1 billion$3.3 billion-$1.3 billion
2013$2.8 billion$3.5 billion-$620 million
2014$3.5 billion$3.4 billion$31 million
2015$2.7 billion$3.2 billion-$456 million
2016$4.1 billion$4.3 billion-$201 million
2017$6.1 billion$3.9 billion$2.2 billion
2018$6.2 billion$4.3 billion$1.9 billion
2019$6.7 billion$4.4 billion$2.3 billion
2020$12.1 billion$4.8 billion$7.4 billion
2021$10.2 billion$5.4 billion$4.8 billion
2022$11.4 billion$6.2 billion$5.2 billion
2023$18.1 billion$6.8 billion$11.2 billion
2024$9.6 billion$7.8 billion$1.9 billion

World rank

Guinea rose from 113th to 104th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 113th in 1995
  • 104th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995113th
1996114th
1997117th
1998114th
1999118th
2000124th
2001123rd
2002127th
2003137th
2004138th
2005135th
2006139th
2007126th
2008130th
2009152nd
2010133rd
2011144th
2012141st
2013134th
2014127th
2015130th
2016121st
2017108th
2018113th
2019109th
202086th
2021100th
2022100th
202383rd
2024104th

What it sells

Its top export group is still ores and slag: 86% in 2024

% of exports by Harmonized System chapter.

  • Other 1%
  • Coffee, tea and spices 0%
  • Rubber 0%
  • Fish and seafood 0%
  • Oil, gas and coal 1%
  • Fruit and nuts 1%
  • Gems and precious metals 5%
  • Cocoa and chocolate 5%
  • Ores and slag 86%

Source: CEPII BACI

Show the numbers
Chapter19952024
Ores and slag40%86.4%
Cocoa and chocolate0.77%5%
Gems and precious metals13.8%4.8%
Fruit and nuts0.35%1%
Oil, gas and coal1.1%0.5%
Fish and seafood4.6%0.43%
Rubber0.09%0.38%
Coffee, tea and spices6.9%0.33%
Other32.4%1.1%

Who it trades with

China went from 1% to 66% of Guinea's trade

% of total trade (exports + imports) with each partner.

  • China 66%
  • India 9%
  • Malaysia 2%
  • Germany 2%
  • Belgium 1%

Source: CEPII BACI

Show the numbers
Partner19952024
China1.4%66.5%
India2%8.8%
Malaysia0.1%1.9%
Germany3.3%1.8%
Belgium10.2%1.5%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

No hubs above the globe threshold.

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Largest economic production hubs (gridded GDP, 2024)

  • Conakry$23.9 billion (PPP, 2021 dollars)
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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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