Guinea Balance of Trade  1986-2016 | Data | Chart | Calendar | Forecast

Guinea recorded a trade deficit of 308.73 USD Million in the second quarter of 2016. Balance of Trade in Guinea averaged -58.54 USD Million from 1986 until 2016, reaching an all time high of 195.72 USD Million in the first quarter of 2016 and a record low of -524.00 USD Million in the fourth quarter of 2011.

Guinea Balance of Trade
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Guinea Trade Last Previous Highest Lowest Unit
Balance of Trade -308.73 195.72 195.72 -524.00 USD Million [+]
Exports 725.18 570.95 1471.17 120.92 USD Million [+]
Imports 573.65 419.62 1398.49 321.74 USD Million [+]
Current Account -510.48 197.57 197.57 -675.34 USD Million [+]
Current Account to GDP -23.60 -26.10 -0.30 -33.90 percent [+]
Terrorism Index 1.40 1.19 4.22 0.00 [+]
Gold Reserves 2.39 2.39 2.39 2.39 [+]



Guinea Balance of Trade Notes

Guinea has the largest bauxite reserve in the world as well as significant iron, gold and diamond reserves and is a leading exporter of such minerals. Guinea is also a net exporter of coffee. However, Guinea is highly dependent on imports for fuels, capital equipment, consumer goods and foodstuffs. Main trading partners are China and the United States. This page provides - Guinea Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-308.73 195.72 195.72 -524.00 1986 - 2016 USD Million Quarterly



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