2023
Flag  
GDP
$2.05BCURRENT US$
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2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
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2023
Flag
 GDP
$351BCURRENT US$
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2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC 
$951CURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP PC GROWTH
45.4%CURRENT US$
Rnk 52 / 195
2023
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GDP PC
$18,404CURRENT US$
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2013-2023
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GDP PC GROWTH
93.8%CURRENT US$
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About

Guinea-Bissau-Romania Trade: In 2023, Guinea-Bissau exported $397 to Romania. The main products that Guinea-Bissau exported to Romania were Broadcasting Equipment ($397). Over the past 24 years the exports of Guinea-Bissau to Romania have decreased at an annualized rate of 18.4%, from $53k in 1999 to $397 in 2023.

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

Romania-Guinea-Bissau Trade: In 2023, Romania exported $23.7k to Guinea-Bissau. The main products that Romania exported to Guinea-Bissau were Electrical Transformers ($11.1k), Calendars ($10.8k), and Liquid Pumps ($1.76k). Over the past 24 years the exports of Romania to Guinea-Bissau have decreased at an annualized rate of 15.4%,  from $54.6k in 1999 to $23.7k in 2023.

In 2023, Romania 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea-Bissau exported $397 to Romania. The main products exported from Guinea-Bissau to Romania were Broadcasting Equipment ($397). During the last 24 years the exports of Guinea-Bissau to Romania have decreased at an annualized rate of 18.4%, from $53k in 1999 to $397 in 2023.

In 2018, Romania exported $23.7k to Guinea-Bissau. The main products exported from Romania to Guinea-Bissau were Electrical Transformers ($11.1k), Calendars ($10.8k), and Liquid Pumps ($1.76k). During the last 5 years the exports of Romania to Guinea-Bissau have decreased at an annualized rate of 15.4%, from $54.6k in 2023 to $23.7k in 2018.

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

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

Latest Data

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

Romania Exports

Market Competitiveness

Color
Guinea-Bissau
Top Destination
India$72.3M
Romania
Top Destination
Germany$19.9B

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

In 2023, countries that imported more from Guinea-Bissau than Romania included Liberia ($2M) and Sao Tome and Principe ($9.33k).

In 2023, countries that imported more from Romania than Guinea-Bissau included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Guinea-Bissau - Romania

Flow
Scale

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

During 2023, Guinea-Bissau had a large net trade with Romania in the exports of Machines ($397).

During 2018, Romania had a large net trade with Guinea-Bissau in the exports of Machines ($12.9k) and Paper Goods ($10.8k).

Economic Complexity

Competitive Landscape

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

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

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