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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 158th largest goods trading partner with $151 million in total (two way) goods trade during 2014. Goods exports totaled $65 million; goods imports totaled $86 million. The U.S. goods trade deficit with Guinea was $21 million in 2014.

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

Exports

Guinea was the United States' 160th largest goods export market in 2014.

U.S. goods exports to Guinea in 2014 were $65 million, down 18% ($14 million) from 2013 but up 11% from 2004.

The top export categories (2-digit HS) in 2014 were: vehicles ($15 million), machinery ($9 million), special other ($9 million), meat ($5 million), and miscellaneous textile articles ($4 million).

U.S. exports of agricultural products to Guinea totaled $8 million in 2014.

Imports

Guinea was the United States' 126th largest supplier of goods imports in 2014.

U.S. goods imports from Guinea totaled $86 million in 2014, down 13% ($13 million) from 2013, but up 34% from 2004.

The top import categories (2-digit HS) in 2014 were: ores, slag, and ash ($77 million), special other ($4 million), precious metal and stone ($2 million), art and antiques ($994 thousand), and machinery ($708 thousand).

U.S. imports of agricultural products from Guinea totaled $1 million in 2014.

Trade Balance

The U.S. goods trade deficit with Guinea was $21 million in 2014, a 8.3% increase ($2 million) over 2013.

Investment

U.S. foreign direct investment (FDI) in Guinea (stock) was $127 million in 2014, 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.