2023
Flag  
GDP
$2.05BCURRENT US$
Rnk 177 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 25 / 195
2023
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 GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
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GDP PC 
$951CURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP PC GROWTH
45.4%CURRENT US$
Rnk 52 / 195
2023
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GDP PC
$64,821CURRENT US$
Rnk 16 / 196
2013-2023
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GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

Guinea-Bissau-Australia Trade: In 2023, Guinea-Bissau exported $5.19k to Australia. The main products that Guinea-Bissau exported to Australia were Centrifuges ($5.19k). Over the past 8 years the exports of Guinea-Bissau to Australia have increased at an annualized rate of 21.3%, from $1.11k in 2015 to $5.19k in 2023.

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

Australia-Guinea-Bissau Trade: In 2023, Australia exported $89.1k to Guinea-Bissau. The main products that Australia exported to Guinea-Bissau were N/A. Over the past 8 years the exports of Australia to Guinea-Bissau have increased at an annualized rate of 56.1%,  from $9.62k in 2015 to $89.1k in 2023.

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

Comparison In 2023,  Guinea-Bissau ranked 194 in total exports ($109M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea-Bissau exported $5.19k to Australia. The main products exported from Guinea-Bissau to Australia were Centrifuges ($5.19k). During the last 5 years the exports of Guinea-Bissau to Australia have increased at an annualized rate of 4.73%, from $14.6B in 2018 to $5.19k in 2023.

In 2017, Australia exported $89.1k to Guinea-Bissau. There were not main exports from Australia to Guinea-Bissau in 2017. During the last 5 years the exports of Australia to Guinea-Bissau have increased at an annualized rate of 7.52%, from $32.8B in 2023 to $89.1k in 2017.

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

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

Latest Data

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

Australia Exports

Market Competitiveness

Color
Guinea-Bissau
Top Destination
India$72.3M
Australia
Top Destination
China$137B

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

In 2023, countries that imported more from Guinea-Bissau than Australia included Cape Verde ($101k).

In 2023, countries that imported more from Australia than Guinea-Bissau included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Comparative Advantage Guinea-Bissau - Australia

Flow
Scale

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

During 2023, Guinea-Bissau had a large net trade with Australia in the exports of Machines ($5.19k).

During 2017, Australia had a large net trade with Guinea-Bissau in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Guinea-Bissau and Australia. This means that a dot/product with the flag of Guinea-Bissau indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Guinea-Bissau.

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

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