Trade and economic relations between Ukraine and the Republic of Guinea
06 November 2014 13:16

Bilateral trade turnover (according to data of the State Statistics Service of Ukraine in million USD)

Indexes

2018  2019 2020
2021 
Jan-Oct

Commodity turnover

137.78

131.19

159.73
124.32

Export

19.29

12.68

15.55
8.49

Import

118.49

118.51
144.82
115.83

Balance

- 99.2

- 105.83

- 129.27
- 107.34


IJanuary-October 2021 the bilateral commodity turnover was 124.32 million USD. Ukrainian exports decreased by 32.7% to 8.49 million USD if compared to the respective period of the previous year. And imports decreaced by 2.9% to 115.83 million USD if compared to the respective period of the previous year. The negative trade balance is 107.34 million USD.

The structure of export between Ukraine and the Republic of Guinea in January-October 2021meat and eatable meat offal (49.8%), iron and steel (21.9%), miscellanious edible preparations (14.0%).

The structure of import in January-October 2021: ores, slag and ash (100%).

On September 12, 2018, the Chairman of the Organized Group of Businessmen (GOHA) signed a partnership agreement with the Ukrainian National Committee of the International Chamber of Commerce (ICC Ukraine).

The Ukrainian-Guinean Business Council (chaired by Martin Yegov) is a part of the CCI of Ukraine. The purpose of the Council is to analyze the marketing environment of foreign economic activity and identify areas of export-import strategy of Ukraine and the Republic of Guinea.


Information concerning the trade with Ukraine

 

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