Guinea Balance of Trade  1986-2017 | Data | Chart | Calendar | Forecast

Guinea recorded a trade surplus of 32.97 USD Million in the third quarter of 2016. Balance of Trade in Guinea averaged -59.34 USD Million from 1986 until 2016, reaching an all time high of 195.72 USD Million in the first quarter of 2016 and a record low of -524 USD Million in the fourth quarter of 2011.

Guinea Balance of Trade
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Guinea Trade Last Previous Highest Lowest Unit
Balance of Trade 32.97 -308.73 195.72 -524.00 USD Million [+]
Exports 419.22 725.18 1471.17 120.92 USD Million [+]
Imports 386.25 573.65 1398.49 321.74 USD Million [+]
Current Account -120.58 -510.48 197.57 -675.34 USD Million [+]
Current Account to GDP -23.60 -26.10 -0.30 -33.90 percent [+]
Gold Reserves 2.39 2.39 2.39 2.39 [+]
Terrorism Index 1.40 1.19 4.22 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Guinea Balance of Trade Notes

Guinea has the largest bauxite reserve in the world as well as significant iron, gold and diamond reserves and is a leading exporter of such minerals. Guinea is also a net exporter of coffee. However, Guinea is highly dependent on imports for fuels, capital equipment, consumer goods and foodstuffs. Main trading partners are China and the United States. This page provides - Guinea Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Balance of Trade - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
32.97 -308.73 195.72 -524.00 1986 - 2016 USD Million Quarterly

balance of trade by Country

Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 407.90 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico -1079.20 May/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17