Guinea-China Bilateral Trade Analysis 2023
Complete trade statistics: $9.06B total volume •Guinea surplus: $3.77B
Guinea → China
$6.41B
Exports (2023)
China → Guinea
$2.64B
Imports (2023)
Trade Balance
$3.77B
Surplus for Guinea
Total Trade
$9.06B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Guinea and China. Green line shows exports from Guinea, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Guinea-China commercial relationship and competitive positioning in global markets.
Guinea → China Exports
Export Market Intelligence
🎯 Strategic Export Focus
Guinea's export portfolio to China demonstrates strong diversification across multiple sectors, with aluminium ores and concentrates representing a key competitive advantage in this bilateral market.
China → Guinea Imports
Import Dependency Profile
📦 Import Strategy Analysis
Guinea's import pattern from China reveals significant dependencyin 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, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Guinea demonstrates competitive strength in exportingaluminium ores and concentrates to China, 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: Guinea-China Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $9.06 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Guinea maintains a surplus of $3.77 billion
- Export Focus: Guinea's primary exports 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
- Import Dependencies: Key imports from China 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
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 Guinea leveraging its comparative advantages in aluminium ores and concentrates.
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
Guinea's specialization in aluminium ores and concentratescomplements China's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly 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.
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 aluminium ores and concentrates and 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 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Guinea's trade surplus of $3.77 billion strengthens 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 Guinea and China represents a total trade volume of $9.06 billion in 2023. This partnership demonstrates a favorable trade balance for Guinea, with exports exceeding importsby $3.77 billion.
Export Strengths
Guinea's exports to China total $6.41 billion, with competitive advantages in aluminium ores and concentrates, representing $6.39B or99.6% of bilateral exports.
Import Dependencies
Imports from China amount to $2.64 billion, highlighting economic interdependence 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, 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 comprising2.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Guinea's competitive position in this bilateral relationship. 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 Guinea and China in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023