India (IND) and Guinea-Bissau (GNB) Trade | The Observatory of Economic Complexity

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India-Guinea-Bissau Trade: In 2023, India exported $9.38M to Guinea-Bissau. The main products that India exported to Guinea-Bissau were Rice ($2.55M), Packaged Medicaments ($1.65M), and Packing Bags ($949k). Over the past 5 years the exports of India to Guinea-Bissau have decreased at an annualized rate of 5.29%, from $12.3M in 2018 to $9.38M in 2023.

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

Guinea-Bissau-India Trade: In 2023, Guinea-Bissau exported $72.3M to India. The main products that Guinea-Bissau exported to India were Coconuts, Brazil Nuts, and Cashews ($71.7M), Scrap Aluminium ($460k), and Industrial Fatty Acids, Oils and Alcohols ($210k). Over the past 5 years the exports of Guinea-Bissau to India have decreased at an annualized rate of 5.21%, from $130M in 2018 to $72.3M in 2023.

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

Comparison In 2023, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Guinea-Bissau ranked 194 in total exports ($109M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

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Overview In November 2024, India exported $3.76M and imported $42M from Guinea-Bissau, resulting in a negative trade balance of $38.2M. Between November 2023 and November 2024 the exports of India have increased by $3.05M (430%) from $710k to $3.76M, while imports increased by $25.8M (159%) from $16.2M to $42M.

Trade In November 2024, the top exports of India to Guinea-Bissau were Other Jute Manufactures ($353k), Drug Formulations, Biologicals ($201k), Ceramics And Allied Products ($97.5k), Indl. Machnry For Dairy Etc ($32.5k), and Plastic Raw Materials ($31.4k). In November 2024 the top imports of India from Guinea-Bissau were Cashew ($2.45M).

Growth In November 2024, the increase in India's year-by-year exports to Guinea-Bissau was explained primarily by an increase in product exports in Drug Formulations, Biologicals ($118k or 143%) and Medical And Scientific Instrum ($434 or 336%). In November 2024, the increase in India's year-by-year imports from Guinea-Bissau was explained primarily by an increase in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$3.05M(430%)

IMPORT GROWTH (November 2023 - November 2024)$25.8M(159%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Guinea-Bissau and India trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, India exported $9.38M to Guinea-Bissau. The main products exported from India to Guinea-Bissau were Rice ($2.55M), Packaged Medicaments ($1.65M), and Packing Bags ($949k). During the last 5 years the exports of India to Guinea-Bissau have decreased at an annualized rate of 5.29%, from $12.3M in 2018 to $9.38M in 2023.

In 2018, Guinea-Bissau exported $72.3M to India. The main products exported from Guinea-Bissau to India were Coconuts, Brazil Nuts, and Cashews ($71.7M), Scrap Aluminium ($460k), and Industrial Fatty Acids, Oils and Alcohols ($210k). During the last 5 years the exports of Guinea-Bissau to India have decreased at an annualized rate of 5.21%, from $130M in 2023 to $72.3M in 2018.

Exports from India () to Guinea-Bissau () (2023)

Exports from Guinea-Bissau () to India () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$85.5B

Guinea-Bissau
Top DestinationIndia$72.3M

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

In 2023, countries that imported more from India than Guinea-Bissau included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Difference in imports from Guinea-Bissau () and India () (2023)

Comparative Advantage India - Guinea-Bissau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, India had a large net trade with Guinea-Bissau in the exports of Vegetable Products ($2.55M), Chemical Products ($2.19M), and Textiles ($1.25M).

During 2018, Guinea-Bissau had a large net trade with India in the exports of Vegetable Products ($71.7M), Metals ($460k), and Chemical Products ($210k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Guinea-Bissau () (2023)

Exports from Guinea-Bissau () to India () (2023)

Market Competitiveness

Difference in imports from Guinea-Bissau () and India () (2023)

Comparative Advantage India - Guinea-Bissau

Economic Complexity

Competitive Landscape

Product Space of India () and Guinea-Bissau () (2023)

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