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Pricing

2023
Flag → Flag
Exports $12.6MRnk 160 / 220
2023
Flag → Flag
Top Product $1.85MSoups and Broths
2023
Flag → Flag
Exports $50.7kRnk 28 / 66
2023
Flag → Flag
Top Product $46.5kCoconuts, Brazil Nuts, and Cashews
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$2.05BCURRENT US$
Rnk 177 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 25 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$951CURRENT US$
Rnk 179 / 196
2013-2023
Flag
GDP PC GROWTH45.4%CURRENT US$
Rnk 52 / 195

About

Spain-Guinea-Bissau Trade: In 2023, Spain exported $12.6M to Guinea-Bissau. The main products that Spain exported to Guinea-Bissau were Soups and Broths ($1.85M), Flavored Water ($1.82M), and Wine ($749k). Over the past 5 years the exports of Spain to Guinea-Bissau have increased at an annualized rate of 6.96%, from $8.99M in 2018 to $12.6M in 2023.

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

Guinea-Bissau-Spain Trade: In 2023, Guinea-Bissau exported $50.7k to Spain. The main products that Guinea-Bissau exported to Spain were Coconuts, Brazil Nuts, and Cashews ($46.5k), Other Floating Structures ($1.3k), and Non-Knit Men's Suits ($1.15k). Over the past 5 years the exports of Guinea-Bissau to Spain have decreased at an annualized rate of 44.6%,  from $975k in 2018 to $50.7k in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Guinea-Bissau ranked 194 in total exports ($109M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €1.39M and imported €3k from Guinea-Bissau, resulting in a positive trade balance of €1.38M. Between November 2023 and November 2024 the exports of Spain have decreased by €-117k (-7.76%) from €1.5M to €1.39M, while imports decreased by €-6.33k (-67.8%) from €9.33k to €3k.

Trade In November 2024, the top exports of Spain to Guinea-Bissau were Soups and Broths (€395k), Used Clothing (€106k), Wine (€90.6k), Flavored Water (€88.5k), and Poultry Meat (€26.3k). In November 2024 the top imports of Spain from Guinea-Bissau were .

Origins In November 2024 the exports of Spain were mainly from Almería (€412k), Badajoz (€180k), Valencia (€177k), Sin provincia asignada (€119k), and Murcia (€85.7k), while imports destinations were mainly N/A.

Growth In November 2024, the decrease in Spain's year-by-year exports to Guinea-Bissau was explained primarily by an decrease in product exports in Delivery Trucks (€-95k or -97.4%), Flavored Water (€-47k or -34.7%), and Unglazed Ceramics (€-38.7k or -77.6%). In November 2024, the decrease in Spain's year-by-year imports  from Guinea-Bissau was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-117k(-7.76%)
IMPORT GROWTH (November 2023 - November 2024)€-6.33k(-67.8%)
MAIN EXPORTER (November 2024)Almería€412k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Guinea-Bissau and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $12.6M to Guinea-Bissau. The main products exported from Spain to Guinea-Bissau were Soups and Broths ($1.85M), Flavored Water ($1.82M), and Wine ($749k). During the last 5 years the exports of Spain to Guinea-Bissau have increased at an annualized rate of 6.96%, from $8.99M in 2018 to $12.6M in 2023.

In 2018, Guinea-Bissau exported $50.7k to Spain. The main products exported from Guinea-Bissau to Spain were Coconuts, Brazil Nuts, and Cashews ($46.5k), Other Floating Structures ($1.3k), and Non-Knit Men's Suits ($1.15k). During the last 5 years the exports of Guinea-Bissau to Spain have decreased at an annualized rate of 44.6%, from $975k in 2023 to $50.7k in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Guinea-Bissau
Top DestinationIndia$72.3M

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

In 2023, countries that imported more from Spain than Guinea-Bissau included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

Comparative Advantage Spain - Guinea-Bissau

Flow
Scale

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

During 2023, Spain had a large net trade with Guinea-Bissau in the exports of Foodstuffs ($5.3M), Machines ($2.1M), and Textiles ($749k).

During 2018, Guinea-Bissau had a large net trade with Spain in the exports of Vegetable Products ($46.5k), Textiles ($1.83k), and Transportation ($1.3k).

Economic Complexity

Competitive Landscape

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

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

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