US trade with Guinea in the 4th quarter of 2017

Published or Updated: May 03, 2018

The report on US foreign trade in goods with Guinea in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Guinea

In the 4th quarter of 2017, US trade with Guinea totaled $28.1 million, up 32.69% ($6.9 million) from the 4th quarter of 2016.

US exports to Guinea in the 4th quarter of 2017 totaled $25.2 million, up 37.82% ($6.9 million) from the 4th quarter of 2016.

US imports from Guinea in the 4th quarter of 2017 were $2.8 million, down 0.25% ($0.0 million) from the 4th quarter of 2016.

US trade surplus with Guinea in the 4th quarter of 2017 was $22.4 million, a 44.85% increase ($6.9 million) over the 4th quarter of 2016.

Guinea was the US 163rd largest trading partner in the 4th quarter of 2017 (up from 165th in the 4th quarter of 2016), accounting for 0.0027% of US total trade (up from 0.0022% in the 4th quarter of 2016).

Guinea was the US 141st largest export market in the 4th quarter of 2017 (up from 150th in the 4th quarter of 2016), accounting for 0.0062% of US total exports (up from 0.0048% in the 4th quarter of 2016).

Guinea was the US 166th largest supplier in the 4th quarter of 2017 (down from 163rd in the 4th quarter of 2016), accounting for 0.0004% of US total imports (down from 0.0005% in the 4th quarter of 2016).

US Exports to Guinea

The major share of US exports to Guinea in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 53.38% of US total exports to Guinea (57.43% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.25% of US total exports to Guinea (11.71% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 10.01% of US total exports to Guinea (10.19% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 6.66% of US total exports to Guinea (7.30% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 1.77% of US total exports to Guinea (1.55% in the 4th quarter of 2016).

The largest gains in US exports to Guinea in the 4th quarter of 2017 over the 4th 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 $2.9 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $1.8 million;
  • Meat and edible meat offal (HS code 02) - an increase of $1.2 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 $1.1 million;
  • Plastics and articles thereof (HS code 39) - an increase 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) - an increase of $0.5 million;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $0.4 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;
  • Glass and glassware (HS code 70) - an increase of $0.2 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $0.2 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.1 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $0.1 million;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $0.1 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $0.1 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $0.1 million;
  • Miscellaneous manufactured articles (HS code 96) - an increase of $0.1 million.

The largest declines in US exports to Guinea in the 4th quarter of 2017 over the 4th 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 $1.6 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $0.4 million;
  • Cereals (HS code 10) - a decrease of $0.4 million;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $0.2 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.2 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.
US exports to Guinea in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
02 Meat and edible meat offal 2,149.1 8.52 921.2133.29
10 Cereals 516.6 2.05 871.0-40.69
20 Preparations of vegetables, fruit, nuts or other parts of plants 69.4 0.28 0.0
21 Miscellaneous edible preparations 94.0 0.37 342.6-72.55
22 Beverages, spirits and vinegar 7.0 0.03 7.00.16
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 13.7 0.05 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 93.9 0.37 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 63.7-100.00
29 Organic chemicals 15.3 0.06 6.8125.26
30 Pharmaceutical products 0.0 0.00 24.8-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 263.8 1.05 151.474.25
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 287.6 1.14 133.0116.30
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 420.6 1.67 196.9113.60
35 Albuminoidal substances; modified starches; glues; enzymes 31.2 0.12 3.6765.67
38 Miscellaneous chemical products 86.3 0.34 35.3144.63
39 Plastics and articles thereof 1,060.6 4.21 522.6102.96
40 Rubber and articles thereof 358.1 1.42 725.6-50.66
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 37.1 0.15 22.465.79
44 Wood and articles of wood; wood charcoal 34.8 0.14 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 15.0 0.06 10.641.21
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 3.4 0.01 22.9-85.04
52 Cotton 9.1 0.04 0.0
54 Man-made filaments 14.7 0.06 3.9274.38
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 6.5 0.03 3.1112.53
61 Articles of apparel and clothing accessories, knitted or crocheted 5.0 0.02 16.9-70.45
62 Articles of apparel and clothing accessories, not knitted or crocheted 3.8 0.01 26.2-85.58
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 1,560.2 6.19 1,194.230.65
64 Footwear, gaiters and the like; parts of such articles 80.0 0.32 86.6-7.60
65 Headgear and parts thereof 0.0 0.00 5.4-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 2.9 0.01 3.2-9.88
69 Ceramic products 145.4 0.58 70.5106.07
70 Glass and glassware 168.9 0.67 0.0
73 Articles of iron or steel 284.3 1.13 137.7106.49
74 Copper and articles thereof 3.0 0.01 3.1-3.65
76 Aluminum and articles thereof 23.8 0.09 18.727.16
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 76.7 0.30 3.22,313.70
83 Miscellaneous articles of base metal 57.9 0.23 120.9-52.13
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 5,446.5 21.60 2,587.0110.53
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 668.5 2.65 165.6303.71
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 1,670.3 6.62 530.8214.70
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 5,366.5 21.28 6,953.3-22.82
88 Aircraft, spacecraft, and parts thereof 117.2 0.46 0.0
89 Ships, boats and floating structures 102.6 0.41 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 90.6 0.36 271.7-66.64
91 Clocks and watches and parts thereof 0.0 0.00 6.4-100.00
92 Musical instruments; parts and accessories of such articles 4.0 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 114.5 0.45 200.6-42.93
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 21.1-100.00
96 Miscellaneous manufactured articles 122.7 0.49 44.3177.23
99 Commodities not specified according to kind 3,514.6 13.94 1,761.799.51

US Imports from Guinea

The major share of US imports from Guinea in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Precious metals and stones (HS code 71) - 21.75% of US total imports from Guinea (17.97% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 18.95% of US total imports from Guinea (48.33% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 8.01% of US total imports from Guinea (0.78% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 4.79% of US total imports from Guinea (2.64% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 0.06% of US total imports from Guinea (2.26% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.00% of US total imports from Guinea (1.47% in the 4th quarter of 2016).

The largest gains in US imports from Guinea in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $0.3 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $0.3 million;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $0.2 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $0.1 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) - an increase of $0.1 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $0.1 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $0.1 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase 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) - 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 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Cocoa and cocoa preparations (HS code 18) - a decrease of $1.2 million;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - 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;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $0.0 million.
US imports from Guinea in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 0.0 0.00 4.6-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 212.9 7.48 137.055.39
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 293.3 10.31 39.9635.84
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 3.1 0.11 7.6-59.33
18 Cocoa and cocoa preparations 0.0 0.00 1,175.3-100.00
21 Miscellaneous edible preparations 29.7 1.04 13.8116.00
38 Miscellaneous chemical products 7.8 0.27 0.0
44 Wood and articles of wood; wood charcoal 0.0 0.00 42.0-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 47.2-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 1.6 0.06 12.9-87.50
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 4.5-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 334.0 11.74 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 618.7 21.75 512.420.76
73 Articles of iron or steel 5.0 0.18 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 222.9 7.84 22.4896.11
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 15.3 0.54 19.8-22.79
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 60.1 2.11 20.9187.21
88 Aircraft, spacecraft, and parts thereof 43.7 1.54 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 17.2 0.60 34.4-50.08
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 3.4 0.12 10.3-66.88
95 Toys, games and sports requisites; parts and accessories thereof 3.5 0.12 0.0
97 Works of art, collectors’ pieces and antiques 182.6 6.42 105.672.83
99 Commodities not specified according to kind 789.5 27.76 640.723.22
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce