As a West African nation, Guinea heavily relies on imports to meet its domestic needs and support its key industries. The major imports of Guinea include mineral fuels and oils, machinery and mechanical appliances, vehicles and automotive parts, pharmaceuticals, electrical machinery and equipment, iron and steel, plastics and plastic articles, cereals, dairy products, and fertilizers. The closest trading partners for each category vary, with China, France, and the United States emerging as prominent trading partners across multiple sectors. Understanding these import trends and partnerships is crucial for analyzing Guinea's economic landscape, identifying areas of collaboration, and formulating effective trade policies.
Mineral Fuels and Oils:
Mineral fuels and oils hold the top position in Guinea's imports by volume. With a total import value of approximately $1.5 billion, Guinea heavily relies on these imports to meet its energy needs. The primary trading partners for mineral fuels and oils are Nigeria, Ivory Coast, and Ghana.
Machinery and Mechanical Appliances:
Imported machinery and mechanical appliances are crucial for supporting Guinea's industries and infrastructure. The import volume for this category stands at $800 million. The primary trading partners for machinery and mechanical appliances are China, France, and the United States.
Vehicles and Automotive Parts:
Imported vehicles and automotive parts play a significant role in Guinea's transportation sector. The import volume for this category is valued at $700 million. The primary trading partners for vehicle and automotive parts imports are France, China, and Belgium.
Pharmaceuticals:
Pharmaceutical products are essential for Guinea's healthcare sector. The import volume for this category stands at $600 million. The primary trading partners for pharmaceutical imports are India, China, and France.
Electrical Machinery and Equipment:
Imported electrical machinery and equipment are essential for meeting Guinea's technological needs. The import volume for this category is valued at $500 million. The primary trading partners for electrical machinery and equipment are China, France, and the United States.
Iron and Steel:
Imported iron and steel are vital for Guinea's construction and manufacturing industries. This category's import volume is valued at $400 million. The primary trading partners for iron and steel imports are China, Belgium, and France.
Plastics and Plastic Articles:
Guinea imports a significant amount of plastics and plastic articles for various industries. This category accounts for an import volume of $300 million. The primary trading partners for plastics and plastic articles are China, France, and the United States.
Cereals:
Imported cereals play a significant role in Guinea's food security. The import volume for this category is valued at $200 million. The primary trading partners for cereal imports are Thailand, India, and France.
Dairy Products:
Guinea imports a considerable volume of dairy products to meet its domestic market demands. The import value for this category is approximately $150 million. The primary trading partners for dairy product imports are France, the Netherlands, and Belgium.
Fertilizers:
Imported fertilizers are crucial for Guinea's agriculture sector. The import volume for this category stands at $100 million. The primary trading partners for fertilizer imports are Russia, China, and Morocco.
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