2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$1.63BCURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP GROWTH
65.1%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH
29.6%CURRENT US$
Rnk 64 / 186

About

Austria-Guinea-Bissau Trade: In 2022, Austria exported $821k to Guinea-Bissau. The main products that Austria exported to Guinea-Bissau were Other Plastic Products ($309k), Medical Instruments ($113k), and Chemical Analysis Instruments ($86.2k). Over the past 5 years the exports of Austria to Guinea-Bissau have decreased at an annualized rate of 28.6%, from $4.42M in 2017 to $821k in 2022.

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

Guinea-Bissau-Austria Trade: In 2022, Guinea-Bissau exported $3.45k to Austria. The main products that Guinea-Bissau exported to Austria were Weapons Parts and Accessories ($3.45k). Over the past 5 years the exports of Guinea-Bissau to Austria have increased at an annualized rate of 158%,  from $30 in 2017 to $3.45k in 2022.

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

Comparison In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5),  and 32 in total exports ($209B). That same year, Guinea-Bissau ranked 184 in total exports ($221M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $821k to Guinea-Bissau. The main products exported from Austria to Guinea-Bissau were Other Plastic Products ($309k), Medical Instruments ($113k), and Chemical Analysis Instruments ($86.2k). During the last 5 years the exports of Austria to Guinea-Bissau have decreased at an annualized rate of 28.6%, from $4.42M in 2017 to $821k in 2022.

In 2017, Guinea-Bissau exported $3.45k to Austria. The main products exported from Guinea-Bissau to Austria were Weapons Parts and Accessories ($3.45k). During the last 5 years the exports of Guinea-Bissau to Austria have increased at an annualized rate of 158%, from $30 in 2022 to $3.45k in 2017.

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

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

Latest Data

Trade between Austria (Flag) and Guinea-Bissau (Flag)

Austria Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Guinea-Bissau
Top Destination
India$203M

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

In 2022, countries that imported more from Austria than Guinea-Bissau included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Guinea-Bissau than Austria included Togo ($4.97M).

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

Comparative Advantage Austria - Guinea-Bissau

Flow
Scale

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

During 2022, Austria had a large net trade with Guinea-Bissau in the exports of Plastics and Rubbers ($329k), Instruments ($244k), and Machines ($142k).

During 2017, Guinea-Bissau had a large net trade with Austria in the exports of Weapons ($3.45k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Austria and Guinea-Bissau. This means that a dot/product with the flag of Austria 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 Austria.

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

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