2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
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 PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
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GDP PC
$951CURRENT US$
Rnk 179 / 196
2013-2023
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GDP PC GROWTH
45.4%CURRENT US$
Rnk 52 / 195

About

Norway-Guinea-Bissau Trade: In 2023, Norway exported $5.26k to Guinea-Bissau. The main products that Norway exported to Guinea-Bissau were Cars ($3.5k) and Rubberworking Machinery ($1.77k). Over the past 9 years the exports of Norway to Guinea-Bissau have decreased at an annualized rate of 16%, from $25.3k in 2014 to $5.26k in 2023.

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

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

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). 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, Norway exported $5.26k to Guinea-Bissau. The main products exported from Norway to Guinea-Bissau were Cars ($3.5k) and Rubberworking Machinery ($1.77k). During the last 9 years the exports of Norway to Guinea-Bissau have decreased at an annualized rate of 16%, from $25.3k in 2014 to $5.26k in 2023.

Guinea-Bissau does not register exports to Norway. The main products exported from Guinea-Bissau to Norway were Other toys ($2.32k) and Video and Card Games ($478).

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Guinea-Bissau
Top Destination
India$72.3M

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

In 2023, countries that imported more from Norway than Guinea-Bissau included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Guinea-Bissau than Norway included Liberia ($2M).

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

Comparative Advantage Norway - Guinea-Bissau

Flow
Scale

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

During 2023, Norway had a large net trade with Guinea-Bissau in the exports of Transportation ($3.5k) and Machines ($1.77k).

Economic Complexity

Competitive Landscape

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

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

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