2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
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2023
Flag
 GDP
$2.05BCURRENT US$
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2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
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2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
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2023
Flag
GDP PC
$951CURRENT US$
Rnk 179 / 196
2013-2023
Flag
GDP PC GROWTH
45.4%CURRENT US$
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About

Singapore-Guinea-Bissau Trade: In 2023, Singapore exported $113k to Guinea-Bissau. The main products that Singapore exported to Guinea-Bissau were Refrigerators ($58k), Video Displays ($11.8k), and Air Conditioners ($11.7k). Over the past 5 years the exports of Singapore to Guinea-Bissau have decreased at an annualized rate of 22.7%, from $408k in 2018 to $113k in 2023.

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

Guinea-Bissau-Singapore Trade: In 2023, Guinea-Bissau exported $6.87k to Singapore. The main products that Guinea-Bissau exported to Singapore were Integrated Circuits ($3.6k), Motor vehicles; parts and accessories (8701 to 8705) ($2.43k), and Chemical Analysis Instruments ($637). Over the past 5 years the exports of Guinea-Bissau to Singapore have decreased at an annualized rate of 82.6%,  from $43.7M in 2018 to $6.87k in 2023.

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

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). 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, Singapore exported $113k to Guinea-Bissau. The main products exported from Singapore to Guinea-Bissau were Refrigerators ($58k), Video Displays ($11.8k), and Air Conditioners ($11.7k). During the last 5 years the exports of Singapore to Guinea-Bissau have decreased at an annualized rate of 22.7%, from $408k in 2018 to $113k in 2023.

In 2018, Guinea-Bissau exported $6.87k to Singapore. The main products exported from Guinea-Bissau to Singapore were Integrated Circuits ($3.6k), Motor vehicles; parts and accessories (8701 to 8705) ($2.43k), and Chemical Analysis Instruments ($637). During the last 5 years the exports of Guinea-Bissau to Singapore have decreased at an annualized rate of 82.6%, from $43.7M in 2023 to $6.87k in 2018.

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

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

Latest Data

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

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Guinea-Bissau
Top Destination
India$72.3M

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

In 2023, countries that imported more from Singapore than Guinea-Bissau included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

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

Comparative Advantage Singapore - Guinea-Bissau

Flow
Scale

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

During 2023, Singapore had a large net trade with Guinea-Bissau in the exports of Machines ($104k), Metals ($4.32k), and Instruments ($3.68k).

During 2018, Guinea-Bissau had a large net trade with Singapore in the exports of Machines ($3.6k), Transportation ($2.43k), and Instruments ($637).

Economic Complexity

Competitive Landscape

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

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

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