Sri Lanka (LKA) and Guinea-Bissau (GNB) Trade | The Observatory of Economic Complexity

About

Sri Lanka-Guinea-Bissau Trade: In 2023, Sri Lanka exported $1.24M to Guinea-Bissau. The main products that Sri Lanka exported to Guinea-Bissau were Baked Goods ($1.19M) and Tea ($49.3k). Over the past 5 years the exports of Sri Lanka to Guinea-Bissau have increased at an annualized rate of 124%, from $21.7k in 2018 to $1.24M in 2023.

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

Guinea-Bissau-Sri Lanka In N/A, Guinea-Bissau did not export any products to Sri Lanka.

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

Comparison In 2023, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). That same year, Guinea-Bissau ranked 194 in total exports ($109M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sri Lanka exported $1.24M to Guinea-Bissau. The main products exported from Sri Lanka to Guinea-Bissau were Baked Goods ($1.19M) and Tea ($49.3k). During the last 5 years the exports of Sri Lanka to Guinea-Bissau have increased at an annualized rate of 124%, from $21.7k in 2018 to $1.24M in 2023.

Guinea-Bissau does not register exports to Sri Lanka.

Exports from Sri Lanka () to Guinea-Bissau () (2023)

Exports from Guinea-Bissau () to Sri Lanka () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$2.98B

Guinea-Bissau
Top DestinationIndia$72.3M

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

In 2023, countries that imported more from Sri Lanka than Guinea-Bissau included United States ($2.98B), India ($991M), and Germany ($906M).

In 2023, countries that imported more from Guinea-Bissau than Sri Lanka included Cote d'Ivoire ($5.88M) and Sao Tome and Principe ($9.33k).

Difference in imports from Guinea-Bissau () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Guinea-Bissau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sri Lanka had a large net trade with Guinea-Bissau in the exports of Foodstuffs ($1.19M) and Vegetable Products ($49.3k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Sri Lanka () to Guinea-Bissau () (2023)

Exports from Guinea-Bissau () to Sri Lanka () (2023)

Market Competitiveness

Difference in imports from Guinea-Bissau () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Guinea-Bissau

Economic Complexity

Competitive Landscape

Product Space of Sri Lanka () and Guinea-Bissau () (2023)

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