2023
Flag  
GDP
$2.05BCURRENT US$
Rnk 177 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 25 / 195
2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 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
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Guinea-Bissau-Italy Trade: In 2023, Guinea-Bissau exported $78.4k to Italy. The main products that Guinea-Bissau exported to Italy were Coconuts, Brazil Nuts, and Cashews ($71.4k) and Cars ($7.03k). Over the past 5 years the exports of Guinea-Bissau to Italy have decreased at an annualized rate of 7.12%, from $113k in 2018 to $78.4k in 2023.

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

Italy-Guinea-Bissau Trade: In 2023, Italy exported $4.45M to Guinea-Bissau. The main products that Italy exported to Guinea-Bissau were Explosive Ammunition ($2.03M), Centrifuges ($582k), and Sawn Wood ($356k). Over the past 5 years the exports of Italy to Guinea-Bissau have decreased at an annualized rate of 0.11%,  from $4.49M in 2018 to $4.45M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guinea-Bissau exported $78.4k to Italy. The main products exported from Guinea-Bissau to Italy were Coconuts, Brazil Nuts, and Cashews ($71.4k) and Cars ($7.03k). During the last 5 years the exports of Guinea-Bissau to Italy have decreased at an annualized rate of 7.12%, from $113k in 2018 to $78.4k in 2023.

In 2018, Italy exported $4.45M to Guinea-Bissau. The main products exported from Italy to Guinea-Bissau were Explosive Ammunition ($2.03M), Centrifuges ($582k), and Sawn Wood ($356k). During the last 5 years the exports of Italy to Guinea-Bissau have decreased at an annualized rate of 0.11%, from $4.49M in 2023 to $4.45M in 2018.

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

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

Latest Data

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

Italy Exports

Market Competitiveness

Color
Guinea-Bissau
Top Destination
India$72.3M
Italy
Top Destination
Germany$71.4B

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

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

In 2023, countries that imported more from Italy than Guinea-Bissau included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Guinea-Bissau - Italy

Flow
Scale

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

During 2023, Guinea-Bissau had a large net trade with Italy in the exports of Vegetable Products ($71.4k) and Transportation ($7.03k).

During 2018, Italy had a large net trade with Guinea-Bissau in the exports of Weapons ($2.03M), Machines ($834k), and Instruments ($364k).

Economic Complexity

Competitive Landscape

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

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

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