China-Guinea Bilateral Trade Analysis 2023
Complete trade statistics: $9.06B total volume •China deficit: $3.77B
China → Guinea
$2.64B
Exports (2023)
Guinea → China
$6.41B
Imports (2023)
Trade Balance
$3.77B
Deficit for China
Total Trade
$9.06B
Combined Volume
Trade Flow Visualization
Direct trade relationship between China and Guinea. Green line shows exports from China, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China-Guinea commercial relationship and competitive positioning in global markets.
China → Guinea Exports
Export Market Intelligence
🎯 Strategic Export Focus
China's export portfolio to Guinea demonstrates strong diversification across multiple sectors, with vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1 representing a key competitive advantage in this bilateral market.
Guinea → China Imports
Import Dependency Profile
📦 Import Strategy Analysis
China's import pattern from Guinea reveals significant dependencyin aluminium ores and concentrates, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
China demonstrates competitive strength in exportingvehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1 to Guinea, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $9.06B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: China-Guinea Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $9.06 billionrepresenting a significant bilateral economic relationship
- Trade Balance: China maintains a deficit of $3.77 billion
- Export Focus: China's primary exports include vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1, mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure, footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics
- Import Dependencies: Key imports from Guinea include aluminium ores and concentrates, wood, tropical: other than dark red meranti, light red meranti and meranti bakau, in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, aluminium: unwrought, alloys
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $9.06B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with China leveraging its comparative advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
China's specialization in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1complements Guinea's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in aluminium ores and concentrates.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $9.06B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $9.06B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $9.06 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1 and aluminium ores and concentrates demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
China's trade deficit of $3.77 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between China and Guinea represents a total trade volume of $9.06 billion in 2023. This partnership demonstrates an unfavorable trade balance for China, with imports exceeding exportsby $3.77 billion.
Export Strengths
China's exports to Guinea total $2.64 billion, with competitive advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), n.e.c. in item no 8704.1, representing $74.90M or2.8% of bilateral exports.
Import Dependencies
Imports from Guinea amount to $6.41 billion, highlighting economic interdependence in aluminium ores and concentrates, with Aluminium ores and concentrates comprising99.6% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates China's strategic sourcing from Guinea. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between China and Guinea in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023