2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP
$1.63BCURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP GROWTH
65.1%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC
$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH
29.6%CURRENT US$
Rnk 64 / 186

About

Portugal-Guinea-Bissau Trade: In 2022, Portugal exported $137M to Guinea-Bissau. The main products that Portugal exported to Guinea-Bissau were Refined Petroleum ($65M), Beer ($11.6M), and Wine ($7.98M). Over the past 5 years the exports of Portugal to Guinea-Bissau have increased at an annualized rate of 5.18%, from $106M in 2017 to $137M in 2022.

In 2022, Portugal did not export any services to Guinea-Bissau.

Guinea-Bissau-Portugal Trade: In 2022, Guinea-Bissau exported $227k to Portugal. The main products that Guinea-Bissau exported to Portugal were Sawn Wood ($72.8k), Vegetable Saps ($68.9k), and Metal Molds ($38.1k). Over the past 5 years the exports of Guinea-Bissau to Portugal have decreased at an annualized rate of 4.68%,  from $289k in 2017 to $227k in 2022.

In 2022, Guinea-Bissau did not export any services to Portugal.

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). That same year, Guinea-Bissau ranked 184 in total exports ($221M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $137M to Guinea-Bissau. The main products exported from Portugal to Guinea-Bissau were Refined Petroleum ($65M), Beer ($11.6M), and Wine ($7.98M). During the last 5 years the exports of Portugal to Guinea-Bissau have increased at an annualized rate of 5.18%, from $106M in 2017 to $137M in 2022.

In 2017, Guinea-Bissau exported $227k to Portugal. The main products exported from Guinea-Bissau to Portugal were Sawn Wood ($72.8k), Vegetable Saps ($68.9k), and Metal Molds ($38.1k). During the last 5 years the exports of Guinea-Bissau to Portugal have decreased at an annualized rate of 4.68%, from $289k in 2022 to $227k in 2017.

Exports from Portugal (Flag) to Guinea-Bissau (Flag) (2022)

Exports from Guinea-Bissau (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Guinea-Bissau
Top Destination
India$203M

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

In 2022, countries that imported more from Portugal than Guinea-Bissau included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Guinea-Bissau than Portugal included India ($203M).

Difference in imports from Guinea-Bissau (Flag) and Portugal (Flag) (2022)

Comparative Advantage Portugal - Guinea-Bissau

Flow
Scale

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

During 2022, Portugal had a large net trade with Guinea-Bissau in the exports of Mineral Products ($66.5M), Foodstuffs ($33.7M), and Machines ($5.98M).

During 2017, Guinea-Bissau had a large net trade with Portugal in the exports of Vegetable Products ($83.6k), Wood Products ($72.8k), and Machines ($38.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Portugal (Flag) and Guinea-Bissau (Flag) (2022)

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