Applied tariffs
Simple average MFN applied
2024
12.0 %
Trade-weighted MFN average
2024
9.5 %
Share of MFN duty-free
2024
1.7 %
Bound tariffs
Simple average bound
20.8 %
Binding coverage
38.4 %
Share of bound duty-free
1.9 %
Imports
Total imports: 7,983.2 million USD in 2024
Imports by partner
China
36.5 %
2,917.8
million USD
European Union
29.3 %
2,343.0
million USD
India
4.9 %
388.3
million USD
United Arab Emirates
4.0 %
317.9
million USD
Türkiye
3.7 %
296.6
million USD
Senegal
1.8 %
140.1
million USD
Malaysia
1.6 %
130.2
million USD
Singapore
1.5 %
122.2
million USD
Morocco
1.4 %
110.2
million USD
Colombia
1.3 %
107.3
million USD
Rest of the World
13.9 %
1,109.5
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
16.2 %
1,294.9
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
6.1 %
483.5
million USD
890590
Light-vessels, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function (excl. dredgers, floating or submersible drilling or production platforms; fishing vessels and warships)
5.0 %
397.2
million USD
890190
Vessels for the transport of goods and vessels for the transport of both persons and goods (excl. refrigerated vessels, tankers, ferry-boats and vessels principally designed for the transport of persons)
3.6 %
286.7
million USD
890510
Dredgers
2.9 %
230.7
million USD
890400
Tugs and pusher craft
2.4 %
190.8
million USD
871120
Motorcycles, incl. mopeds, with reciprocating internal combustion piston engine of a cylinder capacity > 50 cm³ but <= 250 cm³
2.0 %
158.6
million USD
842952
Self-propelled mechanical shovels, excavators and shovel loaders, with a 360° revolving superstructure
1.6 %
131.1
million USD
870423
Motor vehicles for the transport of goods, with only compression-ignition internal combustion piston engine "diesel or semi-diesel", of a gross vehicle weight > 20 t (excl. dumpers for off-highway use of subheading 8704.10 and special purpose motor vehicles of heading 8705)
1.5 %
121.0
million USD
151110
Crude palm oil
1.4 %
112.3
million USD
Rest of the products
57.3 %
4,576.5
million USD
Exports
Total exports: 10,190.8 million USD in 2024
Exports by destination
United Arab Emirates
39.5 %
4,028.2
million USD
China
38.6 %
3,937.7
million USD
South Africa
5.6 %
569.9
million USD
India
5.0 %
509.9
million USD
European Union
4.7 %
479.6
million USD
Russian Federation
1.0 %
104.0
million USD
Mali
1.0 %
100.0
million USD
Switzerland
0.7 %
67.5
million USD
Canada
0.5 %
48.9
million USD
Sierra Leone
0.5 %
46.6
million USD
Rest of the World
2.9 %
298.5
million USD
Exports by products HS 2022
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
47.2 %
4,810.2
million USD
260600
Aluminium ores and concentrates
45.7 %
4,662.0
million USD
281820
Aluminium oxide (excl. artificial corundum)
1.0 %
104.6
million USD
180100
Cocoa beans, whole or broken, raw or roasted
0.7 %
67.4
million USD
842952
Self-propelled mechanical shovels, excavators and shovel loaders, with a 360° revolving superstructure
0.6 %
61.1
million USD
080131
Fresh or dried cashew nuts, in shell
0.6 %
60.6
million USD
400129
Natural rubber in primary forms or in plates, sheets or strip (excl. smoked sheets, technically specified natural rubber "TSNR" and natural rubber latex, whether or not prevulcanised)
0.4 %
43.6
million USD
392329
Sacks and bags, incl. cones, of plastics (excl. those of polymers of ethylene)
0.3 %
33.0
million USD
890590
Light-vessels, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function (excl. dredgers, floating or submersible drilling or production platforms; fishing vessels and warships)
0.3 %
27.7
million USD
890190
Vessels for the transport of goods and vessels for the transport of both persons and goods (excl. refrigerated vessels, tankers, ferry-boats and vessels principally designed for the transport of persons)
0.3 %
27.0
million USD
Rest of the products
2.9 %
293.7
million USD
Preferential regimes provided by Guinea
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Guinea as a beneficiary based on other economies reported preferential regimes
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