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Guinea Trade Summary

2008

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 2008

Overall Exports and Imports for Guinea 2008

Exports and imports of Guinea in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,431 million.
  • The total value of imports (CIF) was 1,835 million.
  • At the HS6 digit level, 278 products were exported to 74 countries and 2,606 products were imported from 133 countries.

Guinea top 5 Export and Import partners 2008

Top five countries to which Guinea exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Guinea exports to France worth US$ 350 million, with a partner share of 24.46 percent.
  2. Guinea exports to Switzerland worth US$ 278 million, with a partner share of 19.46 percent.
  3. Guinea exports to Russian Federation worth US$ 151 million, with a partner share of 10.58 percent.
  4. Guinea exports to Spain worth US$ 141 million, with a partner share of 9.89 percent.
  5. Guinea exports to Ireland worth US$ 106 million, with a partner share of 7.43 percent.

Top five countries from which Guinea imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Guinea imports from Netherlands worth US$ 378 million, with a partner share of 20.57 percent.
  2. Guinea imports from France worth US$ 185 million, with a partner share of 10.10 percent.
  3. Guinea imports from United Kingdom worth US$ 144 million, with a partner share of 7.86 percent.
  4. Guinea imports from China worth US$ 123 million, with a partner share of 6.72 percent.
  5. Guinea imports from Belgium worth US$ 96 million, with a partner share of 5.21 percent.

Guinea Top 5 Productsexports imports at HS 6 digit level 2008

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$ 573,046.75 million.
  2. Guinea exported Gold in unwrought forms non-monetary , worth US$ 457,978.07 million.
  3. Guinea exported Aluminium oxide, other than artificial corundum , worth US$ 161,423.07 million.
  4. Guinea exported New stamps; stamp-impressed paper; banknotes; c , worth US$ 112,693.63 million.
  5. Guinea exported Other natural rubber, in primary forms or in pl , worth US$ 22,326.59 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$ 601,143.99 million.
  2. Guinea imported Parts of cranes, work-trucks, shovels, and othe , worth US$ 80,182.12 million.
  3. Guinea imported Broken rice , worth US$ 64,670.75 million.
  4. Guinea imported Portland cement (excl. white) , worth US$ 50,884.83 million.
  5. Guinea imported Sodium hydroxide in aqueous solution (soda lye , worth US$ 36,457.94 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Guinea in 2008 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 13.52 percent.
  • The trade weighted average tariff was 11.91 .
  • The total duty free imports in thousands of US dollars were 50,304.13 and duty free tariff line items share was 3.78 percent.

Development Indicators 2008

Key Development Indicators of Guinea in 2008 are below

  • Guinea GDP in current US dollar was 6,964 million.
  • GNI per capita, Atlas method (current US$) was 620.00 .
  • Guinea Trade balance: as % of GDP was -20.90.
  • Trade balance in current US$ was -1,456.00 million.
  • Trade as percentage of GDP was 64.18 .
  • Trade in services as percentage of GDP was 7.88 .

Trade Indicators 2008

Trade Indicators for Guinea in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 1.51.
  • World Growth in percentage was 7.43 and Guinea Country Growth was -5.87 .