2022
Flag  
GDP
$1.63BCURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP GROWTH
65.1%CURRENT US$
Rnk 36 / 186
2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH
29.6%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Guinea-Bissau-Italy Trade: In 2022, Guinea-Bissau exported $46.7k to Italy. The main products that Guinea-Bissau exported to Italy were Coconuts, Brazil Nuts, and Cashews ($44.2k) and Rice ($2.46k). Over the past 6 years the exports of Guinea-Bissau to Italy have decreased at an annualized rate of 28.1%, from $338k in 2016 to $46.7k in 2022.

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

Italy-Guinea-Bissau Trade: In 2022, Italy exported $1.77M to Guinea-Bissau. The main products that Italy exported to Guinea-Bissau were Explosive Ammunition ($301k), Sawn Wood ($238k), and Iron Pipes ($215k). Over the past 6 years the exports of Italy to Guinea-Bissau have decreased at an annualized rate of 17.4%,  from $4.59M in 2016 to $1.77M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guinea-Bissau exported $46.7k to Italy. The main products exported from Guinea-Bissau to Italy were Coconuts, Brazil Nuts, and Cashews ($44.2k) and Rice ($2.46k). During the last 6 years the exports of Guinea-Bissau to Italy have decreased at an annualized rate of 28.1%, from $338k in 2016 to $46.7k in 2022.

In 2017, Italy exported $1.77M to Guinea-Bissau. The main products exported from Italy to Guinea-Bissau were Explosive Ammunition ($301k), Sawn Wood ($238k), and Iron Pipes ($215k). During the last 5 years the exports of Italy to Guinea-Bissau have decreased at an annualized rate of 17.4%, from $4.59M in 2022 to $1.77M in 2017.

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

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

Latest Data

Trade between Guinea-Bissau (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Guinea-Bissau
Top Destination
India$203M
Italy
Top Destination
Germany$78.5B

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

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

In 2022, countries that imported more from Italy than Guinea-Bissau included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Guinea-Bissau - Italy

Flow
Scale

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

During 2022, Guinea-Bissau had a large net trade with Italy in the exports of Vegetable Products ($46.7k).

During 2017, Italy had a large net trade with Guinea-Bissau in the exports of Metals ($455k), Weapons ($301k), and Machines ($239k).

Economic Complexity

Competitive Landscape

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

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

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