Overview: This page contains the latest international trade data for Guinea-Bissau, including service trade data. In 2018 Guinea-Bissau was the number 177 economy in the world in terms of GDP (current US$), the number 182 in total exports, and the number 188 in total imports. In 2018, Guinea-Bissau exported $152M and imported $347M, resulting in a negative trade balance of -$196M. In 2018, Guinea-Bissau's exports per capita were $80.9 and its imports per capita were $185.
In 2018 Guinea-Bissau exported a total of $152M, making it the number 182 exporter in the world. During the last five reported years the exports of Guinea-Bissau have changed by -$137M from $288M in 2013 to $152M in 2018.
In 2018 Guinea-Bissau imported $347M, making it the number 188 trade destination in the world. During the last five reported years the imports of Guinea-Bissau changed by $33.5M from $314M in 2013 to $347M in 2018.
In 2013, Guinea-Bissau exported $23.1M worth of services. The top services exported by Guinea-Bissau in 2013 were Communications services ($8.64M), Travel ($7.42M), Other business services ($4.82M), Financial services ($1.12M), and Government services, n.i.e. ($649k).
The top services imported by Guinea-Bissau in 2013 were Transportation ($25.2M), Travel ($19.8M), Other business services ($10.2M), Communications services ($5.32M), and Insurance services ($2.82M).
This section shows forecasts for total product exports and imports for Guinea-Bissau. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
The top export opportunities for Guinea-Bissau according to the relatedness index, are Crude Petroleum (0.019), Raw Cotton (0.019), Gold (0.019), Cocoa Beans (0.018), and Crustaceans (0.017). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Guinea-Bissau is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.
Guinea-Bissau
