2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 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 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$951CURRENT US$
Rnk 179 / 196
2013-2023
Flag
GDP PC GROWTH
45.4%CURRENT US$
Rnk 52 / 195

About

Canada-Guinea-Bissau Trade: In 2023, Canada exported $112k to Guinea-Bissau. The main products that Canada exported to Guinea-Bissau were Forage Crops ($59.9k), Cars ($47.1k), and Broadcasting Equipment ($4.46k). Over the past 5 years the exports of Canada to Guinea-Bissau have decreased at an annualized rate of 9.65%, from $186k in 2018 to $112k in 2023.

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

Guinea-Bissau-Canada Trade: In 2023, Guinea-Bissau exported $6.12k to Canada. The main products that Guinea-Bissau exported to Canada were Mattresses ($3.26k), Electrical Transformers ($2.14k), and Chemical Analysis Instruments ($292). Over the past 5 years the exports of Guinea-Bissau to Canada have decreased at an annualized rate of 20.8%,  from $19.7k in 2018 to $6.12k in 2023.

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

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). 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, Canada exported $112k to Guinea-Bissau. The main products exported from Canada to Guinea-Bissau were Forage Crops ($59.9k), Cars ($47.1k), and Broadcasting Equipment ($4.46k). During the last 5 years the exports of Canada to Guinea-Bissau have decreased at an annualized rate of 9.65%, from $186k in 2018 to $112k in 2023.

In 2018, Guinea-Bissau exported $6.12k to Canada. The main products exported from Guinea-Bissau to Canada were Mattresses ($3.26k), Electrical Transformers ($2.14k), and Chemical Analysis Instruments ($292). During the last 5 years the exports of Guinea-Bissau to Canada have decreased at an annualized rate of 20.8%, from $19.7k in 2023 to $6.12k in 2018.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Guinea-Bissau
Top Destination
India$72.3M

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

In 2023, countries that imported more from Canada than Guinea-Bissau included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, no countries were registered that imported more from Guinea-Bissau than from Canada.

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

Comparative Advantage Canada - Guinea-Bissau

Flow
Scale

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

During 2023, Canada had a large net trade with Guinea-Bissau in the exports of Vegetable Products ($59.9k), Transportation ($47.1k), and Machines ($4.76k).

During 2018, Guinea-Bissau had a large net trade with Canada in the exports of Miscellaneous ($3.26k), Machines ($2.32k), and Instruments ($292).

Economic Complexity

Competitive Landscape

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

Product Space of Canada (Flag) and Guinea-Bissau (Flag) (2023)

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