Guinea-Bissau (GNB) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Guinea-Bissau-Russia Trade: In 2019, Guinea-Bissau exported $85.1k to Russia. The main products that Guinea-Bissau exported to Russia were N/A. Over the past 5 years the exports of Guinea-Bissau to Russia have decreased at an annualized rate of 4%, from $104k in 2014 to $85.1k in 2019.

In 2019, Guinea-Bissau did not export any services to Russia.

Russia-Guinea-Bissau Trade: In 2019, Russia exported $141k to Guinea-Bissau. The main products that Russia exported to Guinea-Bissau were N/A. Over the past 5 years the exports of Russia to Guinea-Bissau have increased at an annualized rate of 16.9%, from $64.6k in 2014 to $141k in 2019.

In 2020, Russia exported services to Guinea-Bissau worth $26k, with Financial services ($16k) and Other business services ($10k) being the largest in terms of value.

Comparison In 2022, Guinea-Bissau ranked 184 in total exports ($221M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Guinea-Bissau exported $85.1k to Russia. There were not main exports from Guinea-Bissau to Russia in 2019. During the last 5 years the exports of Guinea-Bissau to Russia have decreased at an annualized rate of 4%, from $104k in 2014 to $85.1k in 2019.

In 2016, Russia exported $141k to Guinea-Bissau. There were not main exports from Russia to Guinea-Bissau in 2016. During the last 5 years the exports of Russia to Guinea-Bissau have increased at an annualized rate of 16.9%, from $64.6k in 2021 to $141k in 2016.

Exports from Guinea-Bissau () to Russia () (2021)

Exports from Russia () to Guinea-Bissau () (2021)

Latest Data

Trade between Guinea-Bissau () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea-Bissau
Top DestinationIndia$203M

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Guinea-Bissau than Russia included Cape Verde ($113k).

In 2022, countries that imported more from Russia than Guinea-Bissau included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Guinea-Bissau - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Guinea-Bissau had a large net trade with Russia in the exports of .

During 2016, Russia had a large net trade with Guinea-Bissau in the exports of .

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Guinea-Bissau worth $26k, with Financial services ($16k) and Other business services ($10k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Guinea-Bissau () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Guinea-Bissau () to Russia () (2021)

Exports from Russia () to Guinea-Bissau () (2021)

Latest Data

Trade between Guinea-Bissau () and Russia ()

Russia Exports

Market Competitiveness

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

Comparative Advantage Guinea-Bissau - Russia

Bilateral Service Trade

Services Exports from Russia () to Guinea-Bissau () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Guinea-Bissau () and Russia () (2021)

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