Guinea Balance Of TradeGuinea Balance Of TradeGuinea Balance Of Trade

Guinea Balance Of Trade

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Key data points


Last release
Observation period
Q2 2023
Next release
Forecast
Highest
‪2.86 B‬USD on Dec 31, 2021
Lowest
‪−1.94 B‬USD on Dec 31, 2016

About Guinea Balance Of Trade


Category
Trade
Frequency
Quarterly
Units
USD
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.