Guinea recorded a trade deficit of 426.33 USD Million in the second quarter of 2018. Balance of Trade in Guinea averaged -62.91 USD Million from 1986 until 2018, reaching an all time high of 195.72 USD Million in the first quarter of 2016 and a record low of -524 USD Million in the fourth quarter of 2011.
Balance of Trade in Guinea is expected to be 48.55 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Guinea to stand at 84.51 in 12 months time. In the long-term, the Guinea Balance of Trade is projected to trend around 62.03 USD Million in 2020, according to our econometric models.