Applied tariffs
Simple average MFN applied
2024
12.0 %
Trade-weighted MFN average
2024
9.4 %
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: 6,549.8 million USD in 2024
Imports by partner
China
36.0 %
2,356.4
million USD
European Union
29.4 %
1,926.0
million USD
India
4.8 %
313.3
million USD
Türkiye
4.1 %
270.9
million USD
United Arab Emirates
4.0 %
265.1
million USD
Malaysia
1.7 %
108.7
million USD
Singapore
1.6 %
108.0
million USD
Colombia
1.6 %
106.9
million USD
Senegal
1.6 %
103.6
million USD
Morocco
1.4 %
91.6
million USD
Rest of the World
13.7 %
899.3
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
15.7 %
1,025.8
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)
6.0 %
394.1
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)
5.9 %
385.8
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)
4.1 %
266.9
million USD
890510
Dredgers
3.5 %
230.7
million USD
890400
Tugs and pusher craft
2.9 %
186.8
million USD
871120
Motorcycles, incl. mopeds, with reciprocating internal combustion piston engine of a cylinder capacity > 50 cm³ but <= 250 cm³
2.0 %
131.5
million USD
842952
Self-propelled mechanical shovels, excavators and shovel loaders, with a 360° revolving superstructure
1.6 %
106.9
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 %
99.3
million USD
151110
Crude palm oil
1.4 %
92.4
million USD
Rest of the products
55.4 %
3,629.7
million USD
Exports
Total exports: 7,869.4 million USD in 2024
Exports by destination
United Arab Emirates
42.1 %
3,313.6
million USD
China
37.5 %
2,953.1
million USD
European Union
4.6 %
361.8
million USD
South Africa
4.6 %
358.9
million USD
India
4.6 %
358.2
million USD
Mali
0.9 %
72.2
million USD
Russian Federation
0.9 %
69.8
million USD
Switzerland
0.9 %
67.3
million USD
Sierra Leone
0.5 %
41.5
million USD
Senegal
0.5 %
39.5
million USD
Rest of the World
3.0 %
233.4
million USD
Exports by products HS 2022
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
48.2 %
3,789.1
million USD
260600
Aluminium ores and concentrates
44.5 %
3,504.1
million USD
281820
Aluminium oxide (excl. artificial corundum)
1.0 %
77.6
million USD
080131
Fresh or dried cashew nuts, in shell
0.8 %
60.1
million USD
180100
Cocoa beans, whole or broken, raw or roasted
0.6 %
44.2
million USD
842952
Self-propelled mechanical shovels, excavators and shovel loaders, with a 360° revolving superstructure
0.5 %
39.5
million USD
392329
Sacks and bags, incl. cones, of plastics (excl. those of polymers of ethylene)
0.4 %
27.6
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
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 %
26.3
million USD
890110
Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferry-boats of all kinds
0.3 %
25.4
million USD
Rest of the products
3.2 %
248.5
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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