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Pricing

2022
Flag → Flag
Exports $13.5MRnk 159 / 218
2022
Flag → Flag
Top Product $1.49MSoups and Broths
2022
Flag → Flag
Exports $97.4kRnk 16 / 52
2022
Flag → Flag
Top Product $87.6kCoconuts, Brazil Nuts, and Cashews
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$1.63BCURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP GROWTH65.1%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH29.6%CURRENT US$
Rnk 64 / 186

About

Spain-Guinea-Bissau Trade: In 2022, Spain exported $13.5M to Guinea-Bissau. The main products that Spain exported to Guinea-Bissau were Soups and Broths ($1.49M), Flavored Water ($1.42M), and Explosive Ammunition ($1.04M). Over the past 5 years the exports of Spain to Guinea-Bissau have decreased at an annualized rate of 2.91%, from $15.6M in 2017 to $13.5M in 2022.

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

Guinea-Bissau-Spain Trade: In 2022, Guinea-Bissau exported $97.4k to Spain. The main products that Guinea-Bissau exported to Spain were Coconuts, Brazil Nuts, and Cashews ($87.6k), Oscilloscopes ($6.36k), and Garments of Impregnated Fabric ($679). Over the past 5 years the exports of Guinea-Bissau to Spain have increased at an annualized rate of 27.9%,  from $8.28k in 2017 to $97.4k in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Guinea-Bissau ranked 184 in total exports ($221M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Spain exported €2.16M and imported €22 from Guinea-Bissau, resulting in a positive trade balance of €2.16M. Between July 2023 and July 2024 the exports of Spain have increased by €1.25M (137%) from €911k to €2.16M, while imports decreased by €-237 (-91.5%) from €259 to €22.

Trade In July 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 July 2024 the top imports of Spain from Guinea-Bissau were .

Origins In July 2024 the exports of Spain were mainly from Guipúzcoa (€1.21M), Valencia (€392k), Murcia (€153k), Barcelona (€106k), and Castellón (€76k), while imports destinations were mainly N/A.

Growth In July 2024, the increase in Spain's year-by-year exports to Guinea-Bissau was explained primarily by an increase in product exports in Soups and Broths (€394k or 186k%), Used Clothing (€54.4k or 105%), and Wine (€49k or 118%). In May 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 (July 2023 - July 2024)€1.25M(137%)
IMPORT GROWTH (May 2023 - May 2024)€-237(-91.5%)
MAIN EXPORTER (July 2024)Guipúzcoa€1.21M

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 2022, Spain exported $13.5M to Guinea-Bissau. The main products exported from Spain to Guinea-Bissau were Soups and Broths ($1.49M), Flavored Water ($1.42M), and Explosive Ammunition ($1.04M). During the last 5 years the exports of Spain to Guinea-Bissau have decreased at an annualized rate of 2.91%, from $15.6M in 2017 to $13.5M in 2022.

In 2017, Guinea-Bissau exported $97.4k to Spain. The main products exported from Guinea-Bissau to Spain were Coconuts, Brazil Nuts, and Cashews ($87.6k), Oscilloscopes ($6.36k), and Garments of Impregnated Fabric ($679). During the last 5 years the exports of Guinea-Bissau to Spain have increased at an annualized rate of 27.9%, from $8.28k in 2022 to $97.4k in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Guinea-Bissau
Top DestinationIndia$203M

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 2022, countries that imported more from Spain than Guinea-Bissau included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, no countries were registered that imported more from Guinea-Bissau than from Spain.

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

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 2022, Spain had a large net trade with Guinea-Bissau in the exports of Foodstuffs ($4.9M), Machines ($1.89M), and Plastics and Rubbers ($1.36M).

During 2017, Guinea-Bissau had a large net trade with Spain in the exports of Vegetable Products ($87.6k), Instruments ($6.49k), and Textiles ($1.69k).

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) (2022)

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