2022
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GDP
$2.24TCURRENT US$
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2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$1.63BCURRENT US$
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2012-2022
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GDP GROWTH
65.1%CURRENT US$
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2022
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GDP PC 
$15,345CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
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2022
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GDP PC
$776CURRENT US$
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2012-2022
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GDP PC GROWTH
29.6%CURRENT US$
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About

Russia-Guinea-Bissau Trade: In 2021, Russia exported $141k to Guinea-Bissau. The main products that Russia exported to Guinea-Bissau were N/A. Over the past 5 years the exports of Russia to Guinea-Bissau have increased at an annualized rate of 16.9%, from $64.6k in 2016 to $141k in 2021.

In 2020, Russia exported services to Guinea-Bissau worth $26k, with Financial services ($16k) and Other business services ($10k) being the largest in terms of value.

Guinea-Bissau-Russia Trade: In 2021, Guinea-Bissau exported $85.1k to Russia. The main products that Guinea-Bissau exported to Russia were N/A. Over the past 5 years the exports of Guinea-Bissau to Russia have decreased at an annualized rate of 4%,  from $104k in 2016 to $85.1k in 2021.

In 2021, Guinea-Bissau did not export any services to Russia.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). 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 2021, Russia exported $141k to Guinea-Bissau. There were not main exports from Russia to Guinea-Bissau in 2021. During the last 5 years the exports of Russia to Guinea-Bissau have increased at an annualized rate of 16.9%, from $64.6k in 2016 to $141k in 2021.

In 2014, Guinea-Bissau exported $85.1k to Russia. There were not main exports from Guinea-Bissau to Russia in 2014. During the last 5 years the exports of Guinea-Bissau to Russia have decreased at an annualized rate of 4%, from $104k in 2019 to $85.1k in 2014.

Exports from Russia (Flag) to Guinea-Bissau (Flag) (2021)

Exports from Guinea-Bissau (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Guinea-Bissau
Top Destination
India$203M

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

In 2022, countries that imported more from Russia than Guinea-Bissau included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Guinea-Bissau than Russia included Cape Verde ($113k).

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

Comparative Advantage Russia - Guinea-Bissau

Flow
Scale

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

During 2021, Russia had a large net trade with Guinea-Bissau in the exports of .

During 2014, Guinea-Bissau had a large net trade with Russia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Russia (Flag) and Guinea-Bissau (Flag) (2021)

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