2023
Flag  
GDP
$2.05BCURRENT US$
Rnk 177 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 25 / 195
2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC 
$951CURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP PC GROWTH
45.4%CURRENT US$
Rnk 52 / 195
2023
Flag
GDP PC
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Guinea-Bissau-Portugal Trade: In 2023, Guinea-Bissau exported $228k to Portugal. The main products that Guinea-Bissau exported to Portugal were Large Construction Vehicles ($121k), Vegetable Saps ($72k), and Basketwork ($17.3k). Over the past 5 years the exports of Guinea-Bissau to Portugal have decreased at an annualized rate of 19.1%, from $658k in 2018 to $228k in 2023.

In 2023, Guinea-Bissau did not export any services to Portugal.

Portugal-Guinea-Bissau Trade: In 2023, Portugal exported $138M to Guinea-Bissau. The main products that Portugal exported to Guinea-Bissau were Refined Petroleum ($67.4M), Beer ($10.5M), and Wine ($8.88M). Over the past 5 years the exports of Portugal to Guinea-Bissau have increased at an annualized rate of 0.85%,  from $121M in 2018 to $138M in 2023.

In 2023, Portugal did not export any services to Guinea-Bissau.

Comparison In 2023,  Guinea-Bissau ranked 194 in total exports ($109M), and does not have data regarding Economic Complexity Index. That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea-Bissau exported $228k to Portugal. The main products exported from Guinea-Bissau to Portugal were Large Construction Vehicles ($121k), Vegetable Saps ($72k), and Basketwork ($17.3k). During the last 5 years the exports of Guinea-Bissau to Portugal have decreased at an annualized rate of 19.1%, from $658k in 2018 to $228k in 2023.

In 2018, Portugal exported $138M to Guinea-Bissau. The main products exported from Portugal to Guinea-Bissau were Refined Petroleum ($67.4M), Beer ($10.5M), and Wine ($8.88M). During the last 5 years the exports of Portugal to Guinea-Bissau have increased at an annualized rate of 0.85%, from $121M in 2023 to $138M in 2018.

Exports from Guinea-Bissau (Flag) to Portugal (Flag) (2023)

Exports from Portugal (Flag) to Guinea-Bissau (Flag) (2023)

Latest Data

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

Portugal Exports

Market Competitiveness

Color
Guinea-Bissau
Top Destination
India$72.3M
Portugal
Top Destination
Spain$17.7B

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

In 2023, no countries were registered that imported more from Guinea-Bissau than from Portugal.

In 2023, countries that imported more from Portugal than Guinea-Bissau included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

Difference in imports from Portugal (Flag) and Guinea-Bissau (Flag) (2023)

Comparative Advantage Guinea-Bissau - Portugal

Flow
Scale

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

During 2023, Guinea-Bissau had a large net trade with Portugal in the exports of Machines ($121k), Vegetable Products ($72.2k), and Wood Products ($17.3k).

During 2018, Portugal had a large net trade with Guinea-Bissau in the exports of Mineral Products ($68.7M), Foodstuffs ($32.9M), and Machines ($7.1M).

Economic Complexity

Competitive Landscape

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

Product Space of Guinea-Bissau (Flag) and Portugal (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with