Guinea Balance of Trade2022 Data - 2023 Forecast - 1986-2021 Historical - Chart

Name: Guinea Balance of Trade
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Guinea,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Guinea recorded a trade surplus of 2863.70 USD Million in the fourth quarter of 2021. source: Central Bank of Republic of Guinea

Balance of Trade in Guinea averaged 121.33 USD Million from 1986 until 2021, reaching an all time high of 2863.70 USD Million in the fourth quarter of 2021 and a record low of -1935.03 USD Million in the fourth quarter of 2016. This page provides - Guinea Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Balance of Trade - values, historical data and charts - was last updated on August of 2022.

Balance of Trade in Guinea is expected to be 1600.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Balance of Trade is projected to trend around 2120.00 USD Million in 2023 and 1970.00 USD Million in 2024, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Features Questions? Contact us Already a Member? Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us

Please Paste this Code in your Website

width

height

Preview

Related	Last	Previous	Unit	Reference
Balance of Trade	2863.70	1407.19	USD Million	Dec 2021
Current Account to GDP	-4.00	-13.70	percent of GDP	Dec 2021
Current Account	2663.00	1082.70	USD Million	Dec 2021
Imports	1144.45	1011.38	USD Million	Dec 2021
Exports	4008.15	2418.57	USD Million	Dec 2021

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.