2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP
$1.63BCURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP GROWTH
65.1%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC 
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH
29.6%CURRENT US$
Rnk 64 / 186

About

Spain-Guinea-Bissau Trade: In 2022, Spain exported $13.5M to Guinea-Bissau. The main products that Spain exported to Guinea-Bissau were Soups and Broths ($1.49M), Flavored Water ($1.42M), and Explosive Ammunition ($1.04M). Over the past 5 years the exports of Spain to Guinea-Bissau have decreased at an annualized rate of 2.91%, from $15.6M in 2017 to $13.5M in 2022.

In 2022, Spain did not export any services to Guinea-Bissau.

Guinea-Bissau-Spain Trade: In 2022, Guinea-Bissau exported $97.4k to Spain. The main products that Guinea-Bissau exported to Spain were Coconuts, Brazil Nuts, and Cashews ($87.6k), Oscilloscopes ($6.36k), and Garments of Impregnated Fabric ($679). Over the past 5 years the exports of Guinea-Bissau to Spain have increased at an annualized rate of 27.9%,  from $8.28k in 2017 to $97.4k in 2022.

In 2022, Guinea-Bissau did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Guinea-Bissau ranked 184 in total exports ($221M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $13.5M to Guinea-Bissau. The main products exported from Spain to Guinea-Bissau were Soups and Broths ($1.49M), Flavored Water ($1.42M), and Explosive Ammunition ($1.04M). During the last 5 years the exports of Spain to Guinea-Bissau have decreased at an annualized rate of 2.91%, from $15.6M in 2017 to $13.5M in 2022.

In 2017, Guinea-Bissau exported $97.4k to Spain. The main products exported from Guinea-Bissau to Spain were Coconuts, Brazil Nuts, and Cashews ($87.6k), Oscilloscopes ($6.36k), and Garments of Impregnated Fabric ($679). During the last 5 years the exports of Guinea-Bissau to Spain have increased at an annualized rate of 27.9%, from $8.28k in 2022 to $97.4k in 2017.

Exports from Spain (Flag) to Guinea-Bissau (Flag) (2022)

Exports from Guinea-Bissau (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Guinea-Bissau
Top Destination
India$203M

This map shows whether countries import more from Spain or Guinea-Bissau. Each country is colored based on the difference in imports they receive from Spain and Guinea-Bissau or the difference in the growth in imports.

In 2022, countries that imported more from Spain than Guinea-Bissau included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, no countries were registered that imported more from Guinea-Bissau than from Spain.

Difference in imports from Guinea-Bissau (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Guinea-Bissau

Flow
Scale

This chart compares trade between Spain and Guinea-Bissau by product, considering products traded by both, Spain and Guinea-Bissau.

During 2022, Spain had a large net trade with Guinea-Bissau in the exports of Foodstuffs ($4.9M), Machines ($1.89M), and Plastics and Rubbers ($1.36M).

During 2017, Guinea-Bissau had a large net trade with Spain in the exports of Vegetable Products ($87.6k), Instruments ($6.49k), and Textiles ($1.69k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Guinea-Bissau. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Guinea-Bissau. Similarly, a dot/product with the flag of Guinea-Bissau indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Guinea-Bissau (Flag) (2022)

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