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Who does Guinea rely on?

The largest supplier of Guinea in 2024 is China, with 50.6% of what Guinea buys. Its share was 39% in 2019 and 2.4% in 1995. 303 of the 416 products Guinea buys for more than $1 million have a supplier selling more than 50% of what Guinea buys of that product; in 184, more than 75%. In those products, purchases from each one’s dominant supplier add up to 60.8% of what Guinea buys.

Summary

Largest supplier: China
50.6%
Concentration (HHI)
2,746
Products with a supplier above 50%
303
Products with a supplier above 75%
184

Concentration index (HHI): 2,746 out of 10,000; equivalent to splitting purchases among 4 suppliers of the same size

Trend

Trend in shares

China went from 2.4% to 50.6% of what Guinea buys

Share (%)

  • China 50.6%
  • India 10.5%
  • France 3%
  • Belgium 3%
  • Brazil 2.6%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995France20.2%
1996France18.4%
1997France19%
1998France20.9%
1999France19.9%
2000France16.9%
2001France14.6%
2002France14.7%
2003France14.4%
2004France10.9%
2005France9.1%
2006Côte d'Ivoire11.5%
2007China9.8%
2008Netherlands13.9%
2009China14.2%
2010China20.7%
2011China20.9%
2012China22.6%
2013Netherlands20.9%
2014Netherlands22.2%
2015China21.8%
2016China18.6%
2017China31.6%
2018China31.8%
2019China39%
2020China40%
2021China39.6%
2022China36.7%
2023China38.6%
2024China50.6%

Its suppliers

  1. China$3.9 billion · 50.6%
  2. India$813 million · 10.5%
  3. France$234 million · 3%
  4. Belgium$232 million · 3%
  5. Brazil$203 million · 2.6%
  6. Turkey$201 million · 2.6%
  7. Morocco$199 million · 2.6%
  8. Senegal$189 million · 2.4%
  9. Germany$182 million · 2.4%
  10. Côte d'Ivoire$181 million · 2.3%

Some of these goods may have been produced in another country: countries record origin in different ways.

Products with a dominant supplier

Of the 416 products Guinea buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
RiceIndia95.6%over 75%Thailand · 2.3%$500 million
Bulldozers and excavatorsChina88.4%over 75%United States · 3.1%$254 million
TrucksChina86.3%over 75%Belgium · 7.4%$224 million
Steel structuresChina83.6%over 75%Turkey · 5.1%$219 million
Parts for cranes and excavatorsChina71.6%Germany · 10.5%$196 million
Cane and beet sugarBrazil75.3%over 75%Morocco · 16.3%$195 million
MotorcyclesIndia65.8%Indonesia · 18%$142 million
Palm oilIndonesia69.8%Malaysia · 30.2%$133 million
Rubber and plastic footwearChina78.7%over 75%Côte d'Ivoire · 19.1%$110 million
Sorting and crushing machinesChina56.4%Germany · 8.1%$108 million
WheatPoland55.9%Germany · 38.3%$99 million
Cargo and cruise shipsChina99.8%over 75%Turkey · 0.1%$98 million
Railway track materialChina99.8%over 75%Turkey · 0.07%$98 million
Dredgers and floating cranesChina100%over 75%—$95 million
TractorsChina62.7%France · 21.8%$92 million
Steel barsChina84.8%over 75%Turkey · 9.5%$88 million
New tiresChina86.6%over 75%India · 4.8%$88 million
Generating setsChina74.1%Lebanon · 12%$75 million
Auto partsChina72.5%France · 10.1%$68 million
Motorcycle and bicycle partsChina75.6%over 75%India · 21.8%$67 million
Coated flat steelChina96.3%over 75%Belgium · 1.7%$63 million
Monitors and projectorsCôte d'Ivoire61.4%China · 33.9%$63 million
Special-purpose vehiclesChina87%over 75%India · 3%$61 million
Medicines in measured doses or retail packsFrance52.8%India · 23.2%$58 million
Plastic pipes and hosesCôte d'Ivoire56.3%China · 35.4%$55 million

and 278 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: China
79.2%
Concentration (HHI)
6,345

Concentration index (HHI): 6,345 out of 10,000; equivalent to splitting sales among 2 customers of the same size

Trend in shares

China went from 0.23% to 79.2% of what Guinea sells

Share (%)

  • China 79.2%
  • India 7.5%
  • Malaysia 2.9%
  • Ireland 1.6%
  • Germany 1.4%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995United States14.2%
1996United States13.6%
1997Belgium13.4%
1998United States13.3%
1999United States15.3%
2000Belgium15.5%
2001France15.5%
2002South Korea14.9%
2003South Korea13.9%
2004Russia16.2%
2005Russia14.7%
2006India15.6%
2007India32.9%
2008France16.3%
2009Spain20%
2010Chile20.6%
2011Chile30.4%
2012Switzerland14.4%
2013India20.8%
2014South Korea21.4%
2015India25.1%
2016United Arab Emirates26.5%
2017United Arab Emirates44.4%
2018United Arab Emirates37.2%
2019China36.7%
2020United Arab Emirates56.3%
2021India33.9%
2022China39.6%
2023United Arab Emirates50.1%
2024China79.2%

22 of the 25 products Guinea sells for more than $1 million have a customer buying more than 50% of what Guinea sells of that product; in 16, more than 75%. In those products, sales to each one’s dominant customer add up to 88% of what Guinea sells.

ProductCustomerShareSecondValue
Bauxite (aluminum ore)China91.3%over 75%India · 3.3%$8.3 billion
Cocoa beansMalaysia53.7%Netherlands · 21.4%$485 million
GoldIndia72.8%Italy · 21.5%$448 million
Coconuts, Brazil nuts and cashewsIndia99.6%over 75%Czechia · 0.26%$98 million
Natural gas and LPGEgypt99.2%over 75%Bermuda · 0.82%$48 million
Frozen fishSouth Korea85.4%over 75%Morocco · 7.1%$38 million
Natural rubberMalaysia51.5%Indonesia · 9.8%$37 million
Meat and fish mealTurkey100%over 75%—$27 million
Iron oreChina99.9%over 75%Australia · 0.06%$21 million
DiamondsBelgium82.1%over 75%India · 14.9%$17 million
Refined copperChina100%over 75%—$16 million
Unwrought aluminumJapan73%China · 19.2%$12 million
Unwrought leadIndia100%over 75%—$8 million
Other oilseedsTurkey91.3%over 75%Germany · 6.5%$5 million
Fish oil and marine fatsTurkey100%over 75%—$5 million

and 7 more

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
26Aruba3,043
27Armenia2,929
28Guinea2,746
29Curaçao2,740
30Canada2,682
31South Sudan2,541

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.