Guinea - Foreign trade

Export figures for 2000 show that the mining industry accounted for 70% in export earnings, including mostly bauxite and alumina, but also gold. Unused postage, stamp-impressed papers, and checkbooks made up 12% of Guinea's total exports, and aluminum hydroxide exports represented another 11%.

Petroleum products, machinery and equipment, and food top the list of imports at 25%, 19%, and 18%, respectively, while vehicles (8.7%), and chemicals (8.4%) also contributed to total imports, worth approximately $612 million in 2000.

Technically, the government no longer permits counter-trade or barter in international trade. Guinea retains its post-colonial ties with France, importing the large portion of goods from that country (following Côte d'Ivoire as leading provider), and exports the majority of its minerals to France, other European countries, and the US. Principal trading partners in 2000 (in millions of US dollars) were as follows:


France 173 121 52
United States 67 48 19
Spain 50 12 38
Ireland 48 n.a. n.a.
Germany 32 19 13
Switzerland 27 5 22
Russia 22 n.a. n.a.
United Kingdom 17 9 8
Canada 17 1 16
Côte d'Ivoire n.a. 131 n.a.
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