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Guinea

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AGOA Status: Guinea is eligible for AGOA this year.

U.S. - Guinea Trade Facts

Guinea is currently our 140th largest goods trading partner with $214 million in total (two way) goods trade during 2015. Goods exports totaled $135 million; goods imports totaled $80 million. The U.S. goods trade surplus with Guinea was $55 million in 2015.

According to the Department of Commerce, U.S. exports of goods to Guinea supported an estimated 4 hundred jobs in 2014 (latest data available).

Exports

Guinea was the United States' 136th largest goods export market in 2015.

U.S. goods exports to Guinea in 2015 were $135 million, up 106% ($69 million) from 2014 and up 44% from 2005. 

The top export categories (2-digit HS) in 2015 were: machinery ($40 million), electrical machinery ($28 million), vehicles ($19 million), special other (low value estimates) ($14 million), and railway vehicles/equipment ($6 million).

U.S. exports of agricultural products to Guinea totaled $8 million in 2015.

Imports

Guinea was the United States' 129th largest supplier of goods imports in 2015.

U.S. goods imports from Guinea totaled $80 million in 2015, down 7.8% ($7 million) from 2014, but up 6.5% from 2005. 

The top import categories (2-digit HS) in 2015 were: ores, slag, and ash (aluminum ores) ($74 million), special other (returns) ($2 million), precious metal and stone (diamonds) ($975 thousand), animal or vegetable fats and oils (bees wax) ($765 thousand), and fish and seafood ($363 thousand).

U.S. imports of agricultural products from Guinea totaled $958 thousand in 2015.

Trade Balance

The U.S. trade balance with Guinea shifted from a goods trade deficit of $21 million in 2014 to a goods trade surplus of $55 million in 2015.

Investment

U.S. foreign direct investment (FDI) in Guinea (stock) was $127 million in 2014 (latest data available), a 7.6% increase from 2013. 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.

 

NOTE: No services trade data with Guinea are available.