Guinea recorded a trade surplus of 683.78 USD Million in the third quarter of 2024. Balance of Trade in Guinea averaged 255.17 USD Million from 1986 until 2024, reaching an all time high of 3194.29 USD Million in the fourth quarter of 2023 and a record low of -1935.03 USD Million in the fourth quarter of 2016. source: Central Bank of Republic of Guinea



Related Last Previous Unit Reference
Balance of Trade 683.78 1460.81 USD Million Sep 2024
Current Account 252.87 -445.93 USD Million Dec 2024
Current Account to GDP -1.55 8.48 percent of GDP Dec 2024
Exports 2473.93 3068.44 USD Million Sep 2024
Imports 1790.15 1607.63 USD Million Sep 2024


Guinea Balance of Trade
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.
Actual Previous Highest Lowest Dates Unit Frequency
683.78 1460.81 3194.29 -1935.03 1986 - 2024 USD Million Quarterly