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2022
Exports $14World Rnk 214 / 214
Flag Rnk 106 / 120
2022
Destination $14 Senegal
2021 - 2022
FASTEST GROWING MARKET $14Senegal
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $72.5MWorld Rnk 185 / 225
Flag Rnk 1 / 779
2022
Origin $25.8M Portugal
2021 - 2022
FASTEST GROWING ORIGIN $25.8MPortugal

About

Exports In 2022, Guinea-Bissau exported $14 in Refined Petroleum, making it the 214th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 106th most exported product in Guinea-Bissau. The main destination of Refined Petroleum exports from Guinea-Bissau are: Senegal ($14).

The fastest growing export markets for Refined Petroleum of Guinea-Bissau between 2021 and 2022 were Senegal ($14).

Imports In 2022, Guinea-Bissau imported $72.5M in Refined Petroleum, becoming the 185th 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 ($65M), Senegal ($5.78M), Turkey ($849k), United Arab Emirates ($601k), and Belgium ($148k).

The fastest growing import markets in Refined Petroleum for Guinea-Bissau between 2021 and 2022 were Portugal ($25.8M), Turkey ($324k), and United Arab Emirates ($147k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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
EXPORTS (2022)$14
IMPORTS (2022)$72.5M
NET TRADE (2022)-$72.5M

In 2022, Guinea-Bissau exported $14 in Refined Petroleum. The main destinations of Guinea-Bissau exports on Refined Petroleum were Senegal ($14).

In 2022, Guinea-Bissau imported $72.5M in Refined Petroleum, mainly from Portugal ($65M), Senegal ($5.78M), Turkey ($849k), United Arab Emirates ($601k), and Belgium ($148k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Guinea-Bissau WERE (2021 - 2022):Senegal$14 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Guinea-Bissau WERE (2021 - 2022):Morocco-$174 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Guinea-Bissau's main exporting competitors in Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Guinea-Bissau's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/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.

See methodology.

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