Export and Import of Guinea
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FOREIGN TRADE
Guinea has experienced both balance of trade and balance of payment surplus over various years.
The exports and imports gap in the country is relatively lower.
Major exportable items of the country are gold, diamonds, coffee and fish. Its exports partners are US, Spain, Ireland, and Ukraine.
Important importable items in the country are machines, metals, textiles, and petroleum products. For imports it depends upon the countries such as China, Belgium and France.
FOREIGN TRADE
Guinea has experienced both balance of trade and balance of payment surplus over various years.
The exports and imports gap in the country is relatively lower.
Major exportable items of the country are gold, diamonds, coffee and fish. Its exports partners are US, Spain, Ireland, and Ukraine.
Important importable items in the country are machines, metals, textiles, and petroleum products. For imports it depends upon the countries such as China, Belgium and France.
The following diagram shows the levels of exports and imports of the country over various years:
CONCLUSION
In the year 1963, Guinea joined the World Bank. Since then the bank has undertaken many projects for the country to reduce poverty and foster economic growth.
