2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 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 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$951CURRENT US$
Rnk 179 / 196
2013-2023
Flag
GDP PC GROWTH
45.4%CURRENT US$
Rnk 52 / 195

About

Italy-Guinea-Bissau Trade: In 2023, Italy exported $4.45M to Guinea-Bissau. The main products that Italy exported to Guinea-Bissau were N/A. Over the past 5 years the exports of Italy to Guinea-Bissau have decreased at an annualized rate of 0.21%, from $4.49M in 2018 to $4.45M in 2023.

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

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.

Comparison In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29),  and 6 in total exports ($638B). 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, Italy exported $4.45M to Guinea-Bissau. There were not main exports from Italy to Guinea-Bissau in 2023. During the last 5 years the exports of Italy to Guinea-Bissau have decreased at an annualized rate of 0.21%, from $4.49M in 2018 to $4.45M in 2023.

In 2018, 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 2023 to $78.4k in 2018.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Italy - Guinea-Bissau

Flow
Scale

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

During 2023, Italy had a large net trade with Guinea-Bissau in the exports of Weapons ($2.03M), Machines ($834k), and Instruments ($364k).

During 2018, Guinea-Bissau had a large net trade with Italy in the exports of Vegetable Products ($71.4k) and Transportation ($7.03k).

Economic Complexity

Competitive Landscape

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

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

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