Guinea Balance Of TradeGuinea Balance Of TradeGuinea Balance Of Trade

Guinea Balance Of Trade

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Key data points

Last release
Next release
Time to release
Forecast
Observation period
Q2 2023
Highest
‪2.86 B‬USDDec 31, 2021
Lowest
‪−1.94 B‬USDDec 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.