US trade with Guinea in the 1st quarter of 2017

Published or Updated: Jul 30, 2017

The report on US foreign trade in goods with Guinea in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Guinea

In the 1st quarter of 2017, US trade with Guinea was $21.4 million, down 2.64% ($0.6 million) from the 1st quarter of 2016.

US exports to Guinea in the 1st quarter of 2017 totaled $19.8 million, up 17.92% ($3.0 million) from the 1st quarter of 2016.

US imports from Guinea in the 1st quarter of 2017 were $1.6 million, down 69.63% ($3.6 million) from the 1st quarter of 2016.

US trade surplus with Guinea in the 1st quarter of 2017 was $18.3 million, a 56.67% increase ($6.6 million) over the 1st quarter of 2016.

Guinea was the US 164th largest trading partner in the 1st quarter of 2017 (down from 158th in the 1st quarter of 2016), accounting for 0.0023% of US total trade (down from 0.0025% in the 1st quarter of 2016).

Guinea was the US 143rd largest export market in the 1st quarter of 2017 (up from 146th in the 1st quarter of 2016), accounting for 0.0053% of US total exports (up from 0.0048% in the 1st quarter of 2016).

Guinea was the US 173rd largest supplier in the 1st quarter of 2017 (down from 151st in the 1st quarter of 2016), accounting for 0.0003% of US total imports (down from 0.0010% in the 1st quarter of 2016).

US Exports to Guinea

The major share of US exports to Guinea in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 41.68% of US total exports to Guinea (44.95% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 18.04% of US total exports to Guinea (15.81% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 11.14% of US total exports to Guinea (20.39% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 9.59% of US total exports to Guinea (5.76% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.06% of US total exports to Guinea (0.70% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 1.45% of US total exports to Guinea (0.44% in the 1st quarter of 2016).

The largest gains in US exports to Guinea in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $2.1 million;
  • Cereals (HS code 10) - an increase of $1.9 million;
  • Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds (HS code 86) - an increase of $1.2 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.6 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.5 million;
  • Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use (HS code 59) - an increase of $0.4 million;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $0.2 million;
  • Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster (HS code 34) - an increase of $0.1 million.

The largest declines in US exports to Guinea in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $1.9 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $0.7 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $0.6 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $0.5 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $0.5 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.3 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $0.2 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $0.2 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $0.1 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.1 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $0.1 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $0.1 million.
US exports to Guinea in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
02 Meat and edible meat offal 1,252.0 6.31 1,771.7-29.33
03 Fish and crustaceans, molluscs and other aquatic invertebrates 7.1 0.04 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 4.6 0.02 0.0
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 5.4 0.03 0.0
10 Cereals 2,263.0 11.40 376.4501.17
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 8.0-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 7.1 0.04 0.0
21 Miscellaneous edible preparations 36.2 0.18 505.2-92.83
22 Beverages, spirits and vinegar 5.6 0.03 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 2.5 0.01 2.8-10.28
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 66.4 0.33 55.120.42
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 31.0-100.00
29 Organic chemicals 39.6 0.20 4.6765.43
30 Pharmaceutical products 44.7 0.23 44.21.03
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 156.9 0.79 322.5-51.37
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 93.9 0.47 193.0-51.34
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 89.2 0.45 19.9349.07
35 Albuminoidal substances; modified starches; glues; enzymes 28.5 0.14 13.1116.67
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 3.7 0.02 0.0
38 Miscellaneous chemical products 96.1 0.48 221.1-56.54
39 Plastics and articles thereof 1,138.2 5.73 1,395.9-18.46
40 Rubber and articles thereof 521.1 2.63 1,186.6-56.09
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 5.2 0.03 0.0
44 Wood and articles of wood; wood charcoal 63.9 0.32 34.784.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 27.2 0.14 39.5-31.11
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 197.2 0.99 0.0
54 Man-made filaments 0.0 0.00 4.4-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 2.7 0.01 3.5-21.88
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 396.9 2.00 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 4.2-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 10.5 0.05 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,493.1 7.52 896.166.62
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 61.1-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 9.8 0.05 0.0
69 Ceramic products 16.8 0.08 58.1-71.10
70 Glass and glassware 38.5 0.19 0.0
72 Iron and steel 3.5 0.02 0.0
73 Articles of iron or steel 538.5 2.71 60.7787.00
74 Copper and articles thereof 0.0 0.00 3.4-100.00
76 Aluminum and articles thereof 11.2 0.06 4.6144.99
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 15.4 0.08 20.7-25.56
83 Miscellaneous articles of base metal 39.2 0.20 27.841.20
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,443.4 17.35 1,312.1162.43
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 252.2 1.27 806.5-68.73
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 1,555.6 7.84 403.6285.45
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,887.2 14.55 4,765.6-39.42
88 Aircraft, spacecraft, and parts thereof 29.9 0.15 211.3-85.85
89 Ships, boats and floating structures 0.0 0.00 3.6-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 104.4 0.53 63.364.92
91 Clocks and watches and parts thereof 2.8 0.01 0.0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 117.5 0.59 196.7-40.25
95 Toys, games and sports requisites; parts and accessories thereof 20.0 0.10 0.0
96 Miscellaneous manufactured articles 62.0 0.31 23.5164.03

US Imports from Guinea

The major share of US imports from Guinea in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Precious metals and stones (HS code 71) - 31.72% of US total imports from Guinea (11.06% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 15.58% of US total imports from Guinea (3.43% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.56% of US total imports from Guinea (2.97% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 5.18% of US total imports from Guinea (0.44% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.02% of US total imports from Guinea (0.00% in the 1st quarter of 2016);
  • Mineral products (HS codes 25-27) - 0.00% of US total imports from Guinea (66.27% in the 1st quarter of 2016).

The largest gains in US imports from Guinea in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.1 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $0.1 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $0.0 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.0 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.0 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $0.0 million;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $0.0 million.

The largest declines in US imports from Guinea in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Ores, slag and ash (HS code 26) - a decrease of $3.4 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $0.1 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.0 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $0.0 million;
  • Coffee, tea, maté and spices (HS code 09) - a decrease of $0.0 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $0.0 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $0.0 million;
  • Cereals (HS code 10) - a decrease of $0.0 million.
US imports from Guinea in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 0.0 0.00 3.3-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 191.6 12.22 104.683.19
09 Coffee, tea, maté and spices 0.0 0.00 20.5-100.00
10 Cereals 0.0 0.00 7.7-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 32.8 2.09 17.587.52
21 Miscellaneous edible preparations 4.0 0.25 0.0
26 Ores, slag and ash 0.0 0.00 3,422.3-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 47.3 3.02 0.0
41 Raw hides and skins (other than furskins) and leather 0.4 0.02 0.0
44 Wood and articles of wood; wood charcoal 7.0 0.45 11.1-37.13
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.9 0.31 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 4.7 0.30 1.8168.93
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 497.5 31.72 571.1-12.89
73 Articles of iron or steel 27.2 1.73 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 54.0 3.44 23.0135.03
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 173.1 11.04 49.3251.14
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 46.7 2.98 62.4-25.23
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 10.1-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 24.6 1.57 55.6-55.81
92 Musical instruments; parts and accessories of such articles 2.4 0.16 6.3-61.43
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 2.0 0.13 0.0
97 Works of art, collectors’ pieces and antiques 32.3 2.06 58.4-44.65
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce