US trade with Guinea in the 3rd quarter of 2017

Published or Updated: Apr 08, 2018

The report on US foreign trade in goods with Guinea in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Guinea

In the 3rd quarter of 2017, US trade with Guinea was $27.3 million, down 5.39% ($1.6 million) from the 3rd quarter of 2016.

US exports to Guinea in the 3rd quarter of 2017 were $26.1 million, down 2.79% ($0.7 million) from the 3rd quarter of 2016.

US imports from Guinea in the 3rd quarter of 2017 were $1.2 million, down 40.99% ($0.8 million) from the 3rd quarter of 2016.

US trade surplus with Guinea in the 3rd quarter of 2017 was $25.0 million, a 0.22% increase ($0.1 million) over the 3rd quarter of 2016.

Guinea was the US 159th largest trading partner in the 3rd quarter of 2017 (down from 153rd in the 3rd quarter of 2016), accounting for 0.0028% of US total trade (down from 0.0035% in the 3rd quarter of 2016).

Guinea was the US 138th largest export market in the 3rd quarter of 2017 (up from 140th in the 3rd quarter of 2016), accounting for 0.0069% of US total exports (down from 0.0078% in the 3rd quarter of 2016).

Guinea was the US 179th largest supplier in the 3rd quarter of 2017 (down from 169th in the 3rd quarter of 2016), accounting for 0.0002% of US total imports (down from 0.0004% in the 3rd quarter of 2016).

US Exports to Guinea

The major share of US exports to Guinea in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 43.88% of US total exports to Guinea (46.65% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 24.83% of US total exports to Guinea (13.26% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.14% of US total exports to Guinea (15.46% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 6.07% of US total exports to Guinea (3.83% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 0.93% of US total exports to Guinea (7.51% in the 3rd quarter of 2016).

The largest gains in US exports to Guinea in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $4.8 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $1.4 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.6 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $0.6 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 $0.3 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $0.1 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $0.1 million;
  • Cereals (HS code 10) - an increase of $0.1 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $0.1 million.

The largest declines in US exports to Guinea in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $2.4 million;
  • Articles of iron or steel (HS code 73) - a decrease of $1.3 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $1.2 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $1.1 million;
  • Meat and edible meat offal (HS code 02) - a decrease of $0.7 million;
  • Plastics and articles thereof (HS code 39) - a decrease of $0.5 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 $0.4 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $0.4 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $0.3 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $0.1 million;
  • Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof (HS code 56) - a decrease of $0.1 million;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $0.1 million.
US exports to Guinea in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
02 Meat and edible meat offal 1,675.2 6.41 2,377.2-29.53
10 Cereals 481.7 1.84 388.923.87
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 4.1 0.02 0.0
21 Miscellaneous edible preparations 219.3 0.84 1,388.7-84.21
22 Beverages, spirits and vinegar 7.5 0.03 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 134.6-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 4,842.4 18.54 6.178,765.81
29 Organic chemicals 0.0 0.00 6.7-100.00
30 Pharmaceutical products 14.3 0.05 3.1358.94
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 325.6-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 154.0 0.59 158.4-2.73
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 168.6 0.65 137.322.83
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 48.0-100.00
38 Miscellaneous chemical products 138.7 0.53 69.3100.25
39 Plastics and articles thereof 1,165.3 4.46 1,669.6-30.20
40 Rubber and articles thereof 4.5 0.02 1,139.1-99.60
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 10.7 0.04 0.0
44 Wood and articles of wood; wood charcoal 91.0 0.35 6.31,355.74
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 15.3 0.06 124.8-87.72
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 7.9 0.03 2.8186.95
54 Man-made filaments 0.0 0.00 9.5-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 4.5 0.02 134.0-96.67
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 40.4-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 26.8 0.10 29.4-8.75
61 Articles of apparel and clothing accessories, knitted or crocheted 5.2 0.02 16.9-69.33
62 Articles of apparel and clothing accessories, not knitted or crocheted 6.5 0.02 13.5-52.24
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,406.5 5.38 765.983.65
64 Footwear, gaiters and the like; parts of such articles 135.5 0.52 16.0747.08
65 Headgear and parts thereof 0.0 0.00 3.9-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 5.0 0.02 0.0
69 Ceramic products 42.7 0.16 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0.0 0.00 26.9-100.00
73 Articles of iron or steel 136.8 0.52 1,477.0-90.74
74 Copper and articles thereof 0.0 0.00 63.8-100.00
76 Aluminum and articles thereof 43.0 0.16 7.6465.35
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 23.7 0.09 431.4-94.51
83 Miscellaneous articles of base metal 40.5 0.16 37.48.46
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 6,139.3 23.50 6,171.7-0.52
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 235.8 0.90 658.7-64.20
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 378.4 1.45 91.8312.35
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 4,165.9 15.95 2,785.949.54
88 Aircraft, spacecraft, and parts thereof 145.0 0.56 25.8462.49
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 400.2 1.53 2,804.0-85.73
91 Clocks and watches and parts thereof 4.5 0.02 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 156.4 0.60 209.4-25.29
95 Toys, games and sports requisites; parts and accessories thereof 8.2 0.03 3.0171.52
96 Miscellaneous manufactured articles 23.8 0.09 24.6-3.17
99 Commodities not specified according to kind 3,589.8 13.74 3,039.218.12

US Imports from Guinea

The major share of US imports from Guinea in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 14.11% of US total imports from Guinea (1.22% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.24% of US total imports from Guinea (45.95% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 7.66% of US total imports from Guinea (6.98% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 7.59% of US total imports from Guinea (1.25% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 3.86% of US total imports from Guinea (11.20% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.10% of US total imports from Guinea (0.05% in the 3rd quarter of 2016).

The largest gains in US imports from Guinea in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.1 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $0.1 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $0.1 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $0.0 million;
  • Organic chemicals (HS code 29) - an increase of $0.0 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - 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;
  • Plastics and articles thereof (HS code 39) - 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;
  • Articles of iron or steel (HS code 73) - an increase of $0.0 million.

The largest declines in US imports from Guinea in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - a decrease of $0.8 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 $0.2 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - 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 $0.1 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $0.0 million;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - a decrease of $0.0 million;
  • Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - a decrease of $0.0 million;
  • Other base metals; cermets; articles thereof (HS code 81) - a decrease of $0.0 million.
US imports from Guinea in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
01 Live animals 3.6 0.31 3.7-3.07
03 Fish and crustaceans, molluscs and other aquatic invertebrates 69.4 5.99 88.0-21.15
08 Edible fruit and nuts; peel of citrus fruit or melons 8.0 0.69 2.6208.09
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0.0 0.00 6.2-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 26.0 2.25 12.0117.03
18 Cocoa and cocoa preparations 0.0 0.00 776.7-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0.0 0.00 13.5-100.00
29 Organic chemicals 28.9 2.49 0.0
39 Plastics and articles thereof 6.8 0.58 1.0602.39
40 Rubber and articles thereof 0.3 0.03 0.0
41 Raw hides and skins (other than furskins) and leather 0.3 0.03 0.5-29.98
44 Wood and articles of wood; wood charcoal 83.8 7.23 17.7374.57
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 4.1 0.36 6.8-39.54
52 Cotton 0.6 0.05 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 3.4 0.30 4.1-16.92
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 0.5-100.00
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 0.8-100.00
65 Headgear and parts thereof 0.0 0.00 0.9-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 44.8 3.86 219.9-79.63
73 Articles of iron or steel 4.3 0.37 0.0
74 Copper and articles thereof 0.0 0.00 3.4-100.00
81 Other base metals; cermets; articles thereof 0.0 0.00 4.2-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 114.0 9.83 4.22,619.40
83 Miscellaneous articles of base metal 45.3 3.91 12.2272.09
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 28.5 2.46 27.92.28
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 35.7 3.08 101.4-64.82
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 24.6 2.12 7.8214.00
92 Musical instruments; parts and accessories of such articles 3.1 0.27 5.3-40.49
97 Works of art, collectors’ pieces and antiques 13.1 1.13 94.0-86.10
99 Commodities not specified according to kind 610.5 52.67 549.011.20
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce