Guinea-Bissau (GNB) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Guinea-Bissau-Belgium Trade: In 2022, Guinea-Bissau exported $35.6k to Belgium. The main products that Guinea-Bissau exported to Belgium were Vacuum Cleaners ($35k), Computers ($547), and Other Rubber Products ($97). Over the past 5 years the exports of Guinea-Bissau to Belgium have increased at an annualized rate of 118%, from $723 in 2017 to $35.6k in 2022.

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

Belgium-Guinea-Bissau Trade: In 2022, Belgium exported $9.39M to Guinea-Bissau. The main products that Belgium exported to Guinea-Bissau were Vaccines, blood, antisera, toxins and cultures ($4.16M), Cars ($1.81M), and Malt Extract ($1M). Over the past 5 years the exports of Belgium to Guinea-Bissau have increased at an annualized rate of 10.3%, from $5.75M in 2017 to $9.39M in 2022.

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

Comparison In 2022, Guinea-Bissau ranked 184 in total exports ($221M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea-Bissau exported $35.6k to Belgium. The main products exported from Guinea-Bissau to Belgium were Vacuum Cleaners ($35k), Computers ($547), and Other Rubber Products ($97). During the last 5 years the exports of Guinea-Bissau to Belgium have increased at an annualized rate of 118%, from $723 in 2017 to $35.6k in 2022.

In 2017, Belgium exported $9.39M to Guinea-Bissau. The main products exported from Belgium to Guinea-Bissau were Vaccines, blood, antisera, toxins and cultures ($4.16M), Cars ($1.81M), and Malt Extract ($1M). During the last 5 years the exports of Belgium to Guinea-Bissau have increased at an annualized rate of 10.3%, from $5.75M in 2022 to $9.39M in 2017.

Exports from Guinea-Bissau () to Belgium () (2022)

Exports from Belgium () to Guinea-Bissau () (2022)

Latest Data

Trade between Guinea-Bissau () and Belgium ()

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea-Bissau
Top DestinationIndia$203M

Belgium
Top DestinationGermany$91.9B

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

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

In 2022, countries that imported more from Belgium than Guinea-Bissau included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

Difference in imports from Belgium () and Guinea-Bissau () (2022)

Comparative Advantage Guinea-Bissau - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea-Bissau had a large net trade with Belgium in the exports of Machines ($35.5k), Plastics and Rubbers ($97), and Footwear and Headwear ($24).

During 2017, Belgium had a large net trade with Guinea-Bissau in the exports of Chemical Products ($4.22M), Transportation ($2.47M), and Foodstuffs ($1M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guinea-Bissau () to Belgium () (2022)

Exports from Belgium () to Guinea-Bissau () (2022)

Latest Data

Trade between Guinea-Bissau () and Belgium ()

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Guinea-Bissau () (2022)

Comparative Advantage Guinea-Bissau - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guinea-Bissau () and Belgium () (2022)

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