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2022
Flag → Flag
Exports $137MRnk 51 / 208
2022
Flag → Flag
Top Product $65MRefined Petroleum
2022
Flag → Flag
Exports $227kRnk 11 / 52
2022
Flag → Flag
Top Product $72.8kSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 0.58Rnk 40 / 124
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
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GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
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 GDP$1.63BCURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP GROWTH65.1%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
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GDP PC$776CURRENT US$
Rnk 175 / 186
2012-2022
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GDP PC GROWTH29.6%CURRENT US$
Rnk 64 / 186

About

Portugal-Guinea-Bissau In 2022, Portugal exported $137M to Guinea-Bissau. The main products that Portugal exported to Guinea-Bissau are Refined Petroleum ($65M), Beer ($11.6M), and Wine ($7.98M). During the last 27 years the exports of Portugal to Guinea-Bissau have increased at an annualized rate of 5.74%, from $30.3M in 1995 to $137M in 2022.

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

Guinea-Bissau-Portugal In 2022, Guinea-Bissau exported $227k to Portugal. The main products that Guinea-Bissau exported to Portugal were Sawn Wood ($72.8k), Vegetable Saps ($68.9k), and Metal Molds ($38.1k). During the last 27 years the exports of Guinea-Bissau to Portugal have decreased at an annualized rate of 11.5%, from $6.06M in 1995 to $227k in 2022.

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

Comparison In 2022,  Portugal ranked 40 in the Economic Complexity Index (ECI 0.58),  and 48 in total exports ($81.7B). That same year, Guinea-Bissau ranked 184 in total exports ($221M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Portugal exported €5.34M and imported €87.9k from Guinea-Bissau, resulting in a positive trade balance of €5.25M. Between January 2023 and January 2024 the exports of Portugal have decreased by €-355k (-6.23%) from €5.69M to €5.34M, while imports increased by €87.9k (N/A%) from €0 to €87.9k.

Trade In January 2024, the top exports of Portugal to Guinea-Bissau were Beverages, spirits, & vinegar (€2.52M), Ceramic products (€442k), Salt, sulphur, cement, lime, stone, &... (€411k), Edible products of animal origin, n.e.s. (€315k), and Machinery, mechanical appliances, & parts (€247k). In January 2024 the top imports of Portugal from Guinea-Bissau were Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In January 2024, the decrease in Portugal's year-by-year exports to Guinea-Bissau was explained primarily by an decrease in product exports in Mineral fuels, mineral oils and products... (€-4.35M or -95%), Rubber & articles thereof (€-148k or -93.9%), and Plastics & articles thereof (€-141k or -61.5%). In January 2024, the increase in Portugal's year-by-year imports  from Guinea-Bissau was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-355k(-6.23%)
IMPORT GROWTH (January 2023 - January 2024)€87.9k(N/A%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Guinea-Bissau and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $137M to Guinea-Bissau. The main products exported from Portugal to Guinea-Bissau were Refined Petroleum ($65M), Beer ($11.6M), and Wine ($7.98M). During the last 27 years the exports of Portugal to Guinea-Bissau have increased at an annualized rate of 5.74%, from $30.3M in 1995 to $137M in 2022.

In 2022, Guinea-Bissau exported $227k to Portugal. The main products exported from Guinea-Bissau to Portugal were Sawn Wood ($72.8k), Vegetable Saps ($68.9k), and Metal Molds ($38.1k). During the last 27 years the exports of Guinea-Bissau to Portugal have decreased at an annualized rate of 11.5%, from $6.06M in 1995 to $227k in 2022.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Guinea-Bissau
Top DestinationIndia$203M

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

In 2021, countries that imported more from Portugal than Guinea-Bissau were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Guinea-Bissau than Portugal were India ($203M).

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

Comparative Advantage Portugal - Guinea-Bissau

Flow
Scale

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

During 2022, Portugal had a large net trade with Guinea-Bissau in the exports of Mineral Products ($66.5M), Foodstuffs ($33.7M), and Machines ($5.98M).

During 2022, Guinea-Bissau had a large net trade with Portugal in the exports of Vegetable Products ($83.6k), Wood Products ($72.8k), and Machines ($38.3k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Guinea-Bissau. Similarly, the more yellow a dot/product is, the more Guinea-Bissau has comparative advantage over Portugal.

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

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