2023
Flag  
GDP
$351BCURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP GROWTH
84.8%CURRENT US$
Rnk 24 / 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 
$18,404CURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP PC GROWTH
93.8%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC
$951CURRENT US$
Rnk 179 / 196
2013-2023
Flag
GDP PC GROWTH
45.4%CURRENT US$
Rnk 52 / 195

About

Romania-Guinea-Bissau Trade: In 2023, Romania exported $23.7k to Guinea-Bissau. The main products that Romania exported to Guinea-Bissau were Electrical Transformers ($11.1k), Calendars ($10.8k), and Liquid Pumps ($1.76k). Over the past 5 years the exports of Romania to Guinea-Bissau have decreased at an annualized rate of 15.4%, from $54.6k in 2018 to $23.7k in 2023.

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

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

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

Comparison In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02),  and 41 in total exports ($104B). 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, Romania exported $23.7k to Guinea-Bissau. The main products exported from Romania to Guinea-Bissau were Electrical Transformers ($11.1k), Calendars ($10.8k), and Liquid Pumps ($1.76k). During the last 5 years the exports of Romania to Guinea-Bissau have decreased at an annualized rate of 15.4%, from $54.6k in 2018 to $23.7k in 2023.

Guinea-Bissau does not register exports to Romania. The main products exported from Guinea-Bissau to Romania were Broadcasting Equipment ($397).

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

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

Latest Data

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

Romania Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$19.9B
Guinea-Bissau
Top Destination
India$72.3M

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

In 2023, countries that imported more from Romania than Guinea-Bissau included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Guinea-Bissau than Romania included Liberia ($2M) and Sao Tome and Principe ($9.33k).

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

Comparative Advantage Romania - Guinea-Bissau

Flow
Scale

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

During 2023, Romania had a large net trade with Guinea-Bissau in the exports of Machines ($12.9k) and Paper Goods ($10.8k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with