Country intelligence · GIN · 2024

Guinea trade profile

In 2024, Guinea recorded $19.3B in merchandise exports and $8.6B in imports, producing a $10.7B trade surplus. Exports changed +16.0% from the previous year, while imports changed +24.9%.[1]

Exports

$19.3B

+16.0%

Imports

$8.6B

+24.9%

Trade balance

$10.7B

surplus

Active partners

270

17 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$19.3B$8.6B$10.7B+16.0%
2023$16.7B$6.9B$9.8B+100.8%
2022$8.3B$6.3B$2.0B-24.8%
2021$11.0B$5.4B$5.6B+2.1%
2020$10.8B$4.8B$6.0B+90.2%
2019$5.7B$4.4B$1.2B+5.6%
2018$5.4B$4.3B$1.1B-6.1%
2017$5.7B$3.2B$2.5B+79.5%
2016$3.2B$3.9B-$670.1M+67.7%
2015$1.9B$3.2B-$1.3B-34.6%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 71 · Precious metals and stones

28 active HS6 lines · 28 export partners

$10.8B
2

HS 26 · HS chapter

13 active HS6 lines · 15 export partners

$7.6B
3

HS 18 · HS chapter

9 active HS6 lines · 21 export partners

$446.4M
4

HS 08 · HS chapter

55 active HS6 lines · 19 export partners

$90.7M
5

HS 27 · Mineral fuels and oils

32 active HS6 lines · 13 export partners

$80.6M
6

HS 03 · HS chapter

120 active HS6 lines · 21 export partners

$43.3M
7

HS 40 · HS chapter

70 active HS6 lines · 30 export partners

$33.9M
8

HS 28 · HS chapter

165 active HS6 lines · 8 export partners

$32.7M

Leading export markets

Destinations rank bilateral export flows from Guinea; growth describes each corridor rather than the whole economy.

1

United Arab Emirates

Annual change +24.9% · 3-year CAGR 58.6%

$10.8B
2

China

Annual change +19.2% · 3-year CAGR 54.9%

$6.7B
3

India

Annual change -50.9% · 3-year CAGR -35.9%

$653.4M
4

Malaysia

Annual change +732.5% · 3-year CAGR 140.8%

$258.5M
5

Ireland

Annual change +59.1% · 3-year CAGR -23.0%

$140.9M
6

Germany

Annual change +102.7% · 3-year CAGR -20.0%

$121.5M
7

Spain

Annual change -40.2% · 3-year CAGR -39.1%

$101.6M
8

Italy

Annual change +4262.6% · 3-year CAGR 111.3%

$100.8M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.