US trade with Guinea in the 2nd quarter of 2017

Published or Updated: Sep 19, 2017

The report on US foreign trade in goods with Guinea in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Guinea

In the 2nd quarter of 2017, US trade with Guinea totaled $32.9 million, up 37.88% ($9.0 million) from the 2nd quarter of 2016.

US exports to Guinea in the 2nd quarter of 2017 totaled $31.5 million, up 40.53% ($9.1 million) from the 2nd quarter of 2016.

US imports from Guinea in the 2nd quarter of 2017 were $1.4 million, down 3.25% ($0.0 million) from the 2nd quarter of 2016.

US trade surplus with Guinea in the 2nd quarter of 2017 was $30.1 million, a 43.55% increase ($9.1 million) over the 2nd quarter of 2016.

Guinea was the US 153rd largest trading partner in the 2nd quarter of 2017 (up from 161st in the 2nd quarter of 2016), accounting for 0.0033% of US total trade (up from 0.0026% in the 2nd quarter of 2016).

Guinea was the US 134th largest export market in the 2nd quarter of 2017 (up from 139th in the 2nd quarter of 2016), accounting for 0.0082% of US total exports (up from 0.0062% in the 2nd quarter of 2016).

Guinea was the US 180th largest supplier in the 2nd quarter of 2017 (down from 174th in the 2nd quarter of 2016), accounting for 0.0002% of US total imports (down from 0.0003% in the 2nd quarter of 2016).

US Exports to Guinea

The major share of US exports to Guinea in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 44.53% of US total exports to Guinea (38.11% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 24.64% of US total exports to Guinea (26.72% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 11.74% of US total exports to Guinea (16.18% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.27% of US total exports to Guinea (5.82% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.95% of US total exports to Guinea (0.35% in the 2nd quarter of 2016).

The largest gains in US exports to Guinea in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Cereals (HS code 10) - an increase of $4.5 million;
  • Plastics and articles thereof (HS code 39) - an increase of $1.5 million;
  • Meat and edible meat offal (HS code 02) - an increase of $1.4 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.9 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 $0.6 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.4 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) - an increase of $0.3 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) - an increase of $0.3 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - 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 $0.2 million.

The largest declines in US exports to Guinea in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Rubber and articles thereof (HS code 40) - a decrease of $1.6 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $0.5 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.1 million.
US exports to Guinea in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
02 Meat and edible meat offal 3,519.5 11.17 2,087.468.60
10 Cereals 10,201.4 32.38 5,688.079.35
21 Miscellaneous edible preparations 269.9 0.86 761.6-64.56
22 Beverages, spirits and vinegar 37.5 0.12 6.0527.83
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 83.2 0.26 34.3142.57
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 9.5 0.03 5.668.11
30 Pharmaceutical products 20.7 0.07 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 262.9 0.83 31.4738.52
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 59.8 0.19 168.4-64.50
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 174.7 0.55 17.7886.41
35 Albuminoidal substances; modified starches; glues; enzymes 6.6 0.02 8.8-25.10
38 Miscellaneous chemical products 22.2 0.07 111.2-80.04
39 Plastics and articles thereof 3,110.1 9.87 1,627.191.14
40 Rubber and articles thereof 31.7 0.10 1,655.5-98.09
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.0 0.00 3.1-100.00
44 Wood and articles of wood; wood charcoal 45.4 0.14 54.7-16.94
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 30.3 0.10 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5.7 0.02 6.0-4.57
61 Articles of apparel and clothing accessories, knitted or crocheted 50.0 0.16 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 5.0 0.02 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,290.2 4.10 1,252.72.99
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 52.1-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 4.4 0.01 15.2-71.35
69 Ceramic products 4.8 0.02 0.0
70 Glass and glassware 0.0 0.00 60.5-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 50.2 0.16 5.0903.74
73 Articles of iron or steel 469.6 1.49 42.51,004.71
74 Copper and articles thereof 13.3 0.04 5.6139.54
76 Aluminum and articles thereof 9.5 0.03 17.8-46.75
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 44.1 0.14 11.9271.48
83 Miscellaneous articles of base metal 79.2 0.25 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,344.0 7.44 1,433.263.55
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 596.2 1.89 305.795.00
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 676.3 2.15 57.61,074.52
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 4,003.3 12.71 4,067.7-1.58
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 66.9-100.00
89 Ships, boats and floating structures 0.0 0.00 10.0-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 141.2 0.45 48.2193.12
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 565.5 1.80 235.1140.60
96 Miscellaneous manufactured articles 29.8 0.09 7.0322.82

US Imports from Guinea

The major share of US imports from Guinea in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 30.11% of US total imports from Guinea (16.92% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 7.53% of US total imports from Guinea (1.79% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 6.80% of US total imports from Guinea (9.92% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 6.40% of US total imports from Guinea (0.50% in the 2nd quarter of 2016);
  • Precious metals and stones (HS code 71) - 5.76% of US total imports from Guinea (14.63% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 0.00% of US total imports from Guinea (4.25% in the 2nd quarter of 2016).
  • Wood and wood products (HS codes 44-49) - 0.00% of US total imports from Guinea (2.61% in the 2nd quarter of 2016).

The largest gains in US imports from Guinea in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $0.1 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $0.1 million;
  • Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use (HS code 59) - an increase of $0.1 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.1 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $0.1 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $0.0 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) - an increase of $0.0 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.0 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $0.0 million;
  • Cereals (HS code 10) - an increase of $0.0 million;
  • Musical instruments; parts and accessories of such articles (HS code 92) - an increase of $0.0 million;
  • Miscellaneous edible preparations (HS code 21) - an increase of $0.0 million.

The largest declines in US imports from Guinea in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • 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;
  • Coffee, tea, maté and spices (HS code 09) - a decrease of $0.1 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;
  • Miscellaneous chemical products (HS code 38) - a decrease of $0.0 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.0 million;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $0.0 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $0.0 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;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $0.0 million.
US imports from Guinea in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 222.6 15.92 119.786.03
07 Edible vegetables and certain roots and tubers 0.0 0.00 5.2-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 7.9 0.56 0.0
09 Coffee, tea, maté and spices 0.0 0.00 63.5-100.00
10 Cereals 6.0 0.43 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 154.6 11.06 47.7223.99
17 Sugars and sugar confectionery 0.0 0.00 3.6-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2.4 0.17 4.8-50.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 23.0 1.64 0.0
21 Miscellaneous edible preparations 4.5 0.32 0.0
38 Miscellaneous chemical products 0.0 0.00 31.5-100.00
39 Plastics and articles thereof 0.0 0.00 29.9-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.5 0.04 0.0
44 Wood and articles of wood; wood charcoal 0.0 0.00 13.0-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 24.8-100.00
52 Cotton 0.3 0.02 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 83.6 5.98 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 0.7 0.05 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 4.8 0.35 5.7-15.61
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 1.4-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 80.5 5.76 211.4-61.92
73 Articles of iron or steel 0.0 0.00 3.7-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 105.3 7.53 22.2374.74
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 64.0 4.58 53.918.70
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 10.2 0.73 59.9-82.95
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 20.8 1.49 29.5-29.58
92 Musical instruments; parts and accessories of such articles 5.4 0.38 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 20.0 1.43 5.1290.29
97 Works of art, collectors’ pieces and antiques 61.1 4.37 0.0
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce