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Guinea

AGOA Status: Guinea is eligible for AGOA this year.

U.S. - Guinea Trade Facts

Guinea is currently our 160th largest goods trading partner with $133 million in total (two way) goods trade during 2018. Goods exports totaled $127 million; goods imports totaled $6 million. The U.S. goods trade surplus with Guinea was $121 million in 2018.

According to the Department of Commerce, U.S. exports of goods to Guinea supported an estimated 7 hundred jobs in 2015 (latest data available).

Exports

  • Guinea was the United States' 143rd largest goods export market in 2018.
     
  • U.S. goods exports to Guinea in 2018 were $127 million, up 23.4% ($24 million) from 2017 and up 24.9% from 2008. 
     
  • The top export categories (2-digit HS) in 2018 were: machinery ($20 million), vehicles ($19 million), railway vehicles/equipment ($19 million), special other ($14 million), and inorganic chemicals ($11 million).
     
  • U.S. total exports of agricultural products to Guinea totaled $11 million in 2018. Leading domestic export categories include: poultry meat & prods. (ex. eggs) ($6 million), rice ($3 million), condiments & sauces ($1 million), beef & beef products ($337 thousand), and tree nuts ($219 thousand).

Imports

  • Guinea was the United States' 183rd largest supplier of goods imports in 2018.
     
  • U.S. goods imports from Guinea totaled $6 million in 2018, up 2.3% ($135 thousand) from 2017, but down 94% from 2008. 
     
  • The top import categories (2-digit HS) in 2018 were: precious metal and stone ($2 million), special other ($987 thousand), animal or vegetable fats and oils ($764 thousand), metal tools, implements, cutlery ($720 thousand), and fish and seafood ($479 thousand).
     
  • U.S. total imports of agricultural products from Guinea totaled $891 thousand in 2018.

Trade Balance

  • The U.S. goods trade surplus with Guinea was $121 million in 2018, a 24.7% increase ($24 million) over 2017.

Investment

  • U.S. foreign direct investment (FDI) in Guinea (stock) was $11 million in 2016 (latest data available). There is no information on the distribution of U.S. FDI in Guinea.

  • No data on Guinea's FDI in the U.S. are available. There is no information on the distribution of Guinea FDI in the U.S.  

NOTE: No services trade data with Guinea are available.