2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 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 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195
2023
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GDP PC
$951CURRENT US$
Rnk 179 / 196
2013-2023
Flag
GDP PC GROWTH
45.4%CURRENT US$
Rnk 52 / 195

About

Finland-Guinea-Bissau Trade: In 2023, Finland exported $11.2k to Guinea-Bissau. The main products that Finland exported to Guinea-Bissau were Computers ($4.14k), Washing and Bottling Machines ($2.4k), and Oscilloscopes ($2.13k). Over the past 6 years the exports of Finland to Guinea-Bissau have decreased at an annualized rate of 50.9%, from $795k in 2017 to $11.2k in 2023.

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

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

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

Comparison In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46),  and 45 in total exports ($84.3B). 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, Finland exported $11.2k to Guinea-Bissau. The main products exported from Finland to Guinea-Bissau were Computers ($4.14k), Washing and Bottling Machines ($2.4k), and Oscilloscopes ($2.13k). During the last 6 years the exports of Finland to Guinea-Bissau have decreased at an annualized rate of 50.9%, from $795k in 2017 to $11.2k in 2023.

Guinea-Bissau does not register exports to Finland. The main products exported from Guinea-Bissau to Finland were Coconuts, Brazil Nuts, and Cashews ($275k).

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Guinea-Bissau
Top Destination
India$72.3M

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

In 2023, countries that imported more from Finland than Guinea-Bissau included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

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

Comparative Advantage Finland - Guinea-Bissau

Flow
Scale

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

During 2023, Finland had a large net trade with Guinea-Bissau in the exports of Machines ($9.03k) and Instruments ($2.13k).

Economic Complexity

Competitive Landscape

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

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

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