2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP
$2.05BCURRENT US$
Rnk 177 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 25 / 195
2023
Flag
GDP PC 
$56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC
$951CURRENT US$
Rnk 179 / 196
2013-2023
Flag
GDP PC GROWTH
45.4%CURRENT US$
Rnk 52 / 195

About

Austria-Guinea-Bissau Trade: In 2023, Austria exported $316k to Guinea-Bissau. The main products that Austria exported to Guinea-Bissau were Machinery Having Individual Functions ($95.8k), Centrifuges ($59.6k), and Medical Instruments ($56.5k). Over the past 5 years the exports of Austria to Guinea-Bissau have decreased at an annualized rate of 15.9%, from $749k in 2018 to $316k in 2023.

In 2023, Austria did not export any services to Guinea-Bissau.

Guinea-Bissau-Austria In N/A, Guinea-Bissau did not export any products to Austria.

In 2023, Guinea-Bissau did not export any services to Austria.

Comparison In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56),  and 31 in total exports ($204B). That same year, Guinea-Bissau ranked 194 in total exports ($109M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $316k to Guinea-Bissau. The main products exported from Austria to Guinea-Bissau were Machinery Having Individual Functions ($95.8k), Centrifuges ($59.6k), and Medical Instruments ($56.5k). During the last 5 years the exports of Austria to Guinea-Bissau have decreased at an annualized rate of 15.9%, from $749k in 2018 to $316k in 2023.

Guinea-Bissau does not register exports to Austria. The main products exported from Guinea-Bissau to Austria were Coconuts, Brazil Nuts, and Cashews ($231k) and Other Aluminium Products ($65).

Exports from Austria (Flag) to Guinea-Bissau (Flag) (2023)

Exports from Guinea-Bissau (Flag) to Austria (Flag) (2023)

Latest Data

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

Austria Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Guinea-Bissau
Top Destination
India$72.3M

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 2023, countries that imported more from Austria than Guinea-Bissau included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Guinea-Bissau than Austria included Sao Tome and Principe ($9.33k).

Difference in imports from Guinea-Bissau (Flag) and Austria (Flag) (2023)

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 2023, Austria had a large net trade with Guinea-Bissau in the exports of Machines ($169k), Instruments ($66.6k), and Plastics and Rubbers ($48.5k).

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) (2023)

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