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Guinea Trade Summary

1998

Guinea exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR GUINEA 1998

Overall Exports and Imports for Guinea 1998

Exports and imports of Guinea in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 563 million.
  • The total value of imports (CIF) was 537 million.
  • At the HS6 digit level, 243 products were exported to 62 countries and 2,568 products were imported from 106 countries.

Guinea top 5 Export and Import partners 1998

Top five countries to which Guinea exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Guinea exports to United States worth US$ 106 million, with a partner share of 18.82 percent.
  2. Guinea exports to France worth US$ 91 million, with a partner share of 16.24 percent.
  3. Guinea exports to Ireland worth US$ 88 million, with a partner share of 15.68 percent.
  4. Guinea exports to Spain worth US$ 70 million, with a partner share of 12.46 percent.
  5. Guinea exports to Switzerland worth US$ 45 million, with a partner share of 8.02 percent.

Top five countries from which Guinea imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Guinea imports from France worth US$ 121 million, with a partner share of 22.50 percent.
  2. Guinea imports from Belgium-Luxembourg worth US$ 71 million, with a partner share of 13.29 percent.
  3. Guinea imports from United States worth US$ 46 million, with a partner share of 8.55 percent.
  4. Guinea imports from Cote d'Ivoire worth US$ 43 million, with a partner share of 8.06 percent.
  5. Guinea imports from China worth US$ 39 million, with a partner share of 7.33 percent.

Guinea Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Guinea along with trade value are:

  1. Guinea exported Aluminium ores and concentrates , worth US$ 341,880.32 million.
  2. Guinea exported Gold in unwrought forms non-monetary , worth US$ 74,957.52 million.
  3. Guinea exported Aluminium hydroxide , worth US$ 67,344.39 million.
  4. Guinea exported Diamonds industrial unworked or simply sawn, cl , worth US$ 24,391.27 million.
  5. Guinea exported Nails, staples & sim art, i or s,excl art of he , worth US$ 9,726.00 million.

The top five imported HS 6 digit level products from world by Guinea along with trade value are

  1. Guinea imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 49,978.31 million.
  2. Guinea imported Parts of cranes, work-trucks, shovels, and othe , worth US$ 27,160.82 million.
  3. Guinea imported Semi-milled or wholly milled rice , worth US$ 22,850.62 million.
  4. Guinea imported Cigarettes containing tobacco , worth US$ 16,053.34 million.
  5. Guinea imported Cane or beet sugar, in solid form, nes , worth US$ 14,312.25 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Guinea in 1998 are below

  • The maximum rate of tariff in percentage on any product was 7 percent.
  • The simple average tariff across all products was 6.24 percent.
  • The trade weighted average tariff was 5.97 .
  • The total duty free imports in thousands of US dollars were 3,269.10 and duty free tariff line items share was 0.49 percent.

Development Indicators 1998

Key Development Indicators of Guinea in 1998 are below

  • Guinea GDP in current US dollar was 3,588 million.
  • GNI per capita, Atlas method (current US$) was 460.00 .
  • Guinea Trade balance: as % of GDP was -5.64.
  • Trade balance in current US$ was -202.00 million.
  • Trade as percentage of GDP was 48.21 .
  • Trade in services as percentage of GDP was 13.75 .

Trade Indicators 1998

Trade Indicators for Guinea in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 1.78.
  • World Growth in percentage was -0.47 and Guinea Country Growth was 2.76 .