Refined Petroleum in Guinea-Bissau | The Observatory of Economic Complexity

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Imports In 2023, Guinea-Bissau imported $139M in Refined Petroleum, becoming the 164th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Guinea-Bissau. Guinea-Bissau imports Refined Petroleum primarily from: Portugal ($67.4M), Gambia ($53.3M), Senegal ($15.3M), Turkey ($1.36M), and United Arab Emirates ($538k).

The fastest growing import markets in Refined Petroleum for Guinea-Bissau between 2022 and 2023 were Gambia ($53.3M), Senegal ($9.54M), and Portugal ($2.38M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$15

IMPORTS (2023)$139M

NET TRADE (2023)-$139M

In 2023, Guinea-Bissau imported $139M in Refined Petroleum, mainly from Portugal ($67.4M), Gambia ($53.3M), Senegal ($15.3M), Turkey ($1.36M), and United Arab Emirates ($538k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

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Exports

Imports

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Ending

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Guinea-Bissau WERE (N/A - 2022):Senegal-$15 (-100%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Guinea-Bissau's main exporting competitors in Refined Petroleum were:

United States $107B

Singapore $55.9B

India $55.8B

In 2023, Guinea-Bissau's main importing competitors in Refined Petroleum were:

United States $68.8B

Singapore $55.7B

Australia $35.3B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

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Exports

Imports

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N/A

N/AN/A

Refined Petroleum’s highest export potential is N/A. With an export gap of N/A. Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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