2023
Flag  
GDP
$17.8TCURRENT US$
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2013-2023
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GDP GROWTH
85.9%CURRENT US$
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2023
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 GDP
$2.05BCURRENT US$
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2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
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2023
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GDP PC 
$12,614CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC
$951CURRENT US$
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2013-2023
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GDP PC GROWTH
45.4%CURRENT US$
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About

China-Guinea-Bissau Trade: In 2023, China exported $62.6M to Guinea-Bissau. The main products that China exported to Guinea-Bissau were Rice ($16.9M), Rubber Footwear ($2.95M), and Broadcasting Equipment ($2.37M). Over the past 5 years the exports of China to Guinea-Bissau have increased at an annualized rate of 15.7%, from $30.2M in 2018 to $62.6M in 2023.

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

Guinea-Bissau-China Trade: In 2023, Guinea-Bissau exported $1.11k to China. The main products that Guinea-Bissau exported to China were Stone Processing Machines ($1.09k) and Iron Fasteners ($20). Over the past 5 years the exports of Guinea-Bissau to China have decreased at an annualized rate of 86.4%,  from $24.2M in 2018 to $1.11k in 2023.

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

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). 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, China exported $62.6M to Guinea-Bissau. The main products exported from China to Guinea-Bissau were Rice ($16.9M), Rubber Footwear ($2.95M), and Broadcasting Equipment ($2.37M). During the last 5 years the exports of China to Guinea-Bissau have increased at an annualized rate of 15.7%, from $30.2M in 2018 to $62.6M in 2023.

In 2018, Guinea-Bissau exported $1.11k to China. The main products exported from Guinea-Bissau to China were Stone Processing Machines ($1.09k) and Iron Fasteners ($20). During the last 5 years the exports of Guinea-Bissau to China have decreased at an annualized rate of 86.4%, from $24.2M in 2023 to $1.11k in 2018.

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

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

Market Competitiveness

Color
China
Top Destination
United States$436B
Guinea-Bissau
Top Destination
India$72.3M

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

In 2023, countries that imported more from China than Guinea-Bissau included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

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

Comparative Advantage China - Guinea-Bissau

Flow
Scale

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

During 2023, China had a large net trade with Guinea-Bissau in the exports of Vegetable Products ($17.4M), Machines ($15.2M), and Metals ($7.68M).

During 2018, Guinea-Bissau had a large net trade with China in the exports of Machines ($1.09k) and Metals ($20).

Economic Complexity

Competitive Landscape

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

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

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