2023
Flag  
GDP
$2.05BCURRENT US$
Rnk 177 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 25 / 195
2023
Flag
 GDP
$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH
23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC 
$951CURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP PC GROWTH
45.4%CURRENT US$
Rnk 52 / 195
2023
Flag
GDP PC
$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH
8.19%CURRENT US$
Rnk 141 / 195

About

Guinea-Bissau-Ecuador Trade: In 2023, Guinea-Bissau exported $1.67M to Ecuador. The main products that Guinea-Bissau exported to Ecuador were Fish Oil ($1.67M). Over the past 23 years the exports of Guinea-Bissau to Ecuador have increased at an annualized rate of 23.6%, from $12.8k in 2000 to $1.67M in 2023.

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

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

In 2023, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea-Bissau exported $1.67M to Ecuador. The main products exported from Guinea-Bissau to Ecuador were Fish Oil ($1.67M). During the last 23 years the exports of Guinea-Bissau to Ecuador have increased at an annualized rate of 23.6%, from $12.8k in 2000 to $1.67M in 2023.

Ecuador does not register exports to Guinea-Bissau.

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

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

Latest Data

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

Ecuador Exports

Date

Market Competitiveness

Color
Guinea-Bissau
Top Destination
India$72.3M
Ecuador
Top Destination
United States$8.34B

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

In 2023, countries that imported more from Guinea-Bissau than Ecuador included Liberia ($2M), Ghana ($4.73M), and Togo ($1.21M).

In 2023, countries that imported more from Ecuador than Guinea-Bissau included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

Comparative Advantage Guinea-Bissau - Ecuador

Flow
Scale

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

During 2023, Guinea-Bissau had a large net trade with Ecuador in the exports of Animal and Vegetable Bi-Products ($1.67M).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with