Guinea is the world’s leading bauxite exporter and holds the largest reserves. The country’s export portfolio also includes significant amounts of:
- Iron
- Gold
- Diamonds
- Oil
- Coffee
Key Trading Partners
Guinea’s main trading partners are:
- Spain
- Russia
- India
- United States
- Chile
Export Trends
Recent Decline: Guinea’s exports dropped to $2,473.93 million in Q3 2024, down from $3,068.44 million in Q2 2024.
Historical Average: Guinea’s exports have averaged $1,028.32 million since 1986.
Peak Exports: The country’s exports peaked at $4,739.63 million in Q4 2023.
Record Low: The record low export value was $214.77 million.
Trade Balance
Trade Surplus: Guinea’s trade surplus reached $683.78 million in Q3 2024.
Historical Average:: The country’s trade balance has averaged $255.17 million since 1986.
Peak Surplus: The highest trade surplus was $3,194.29 million in Q4 2023.
Record Deficit: The largest trade deficit was $1,935.03 million in Q4 2016, according to the Central Bank of the Republic of Guinea.
