2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 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 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC
$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH
29.6%CURRENT US$
Rnk 64 / 186

About

Turkey-Guinea-Bissau Trade: In 2022, Turkey exported $8.47M to Guinea-Bissau. The main products that Turkey exported to Guinea-Bissau were Iron Blocks ($922k), Refined Petroleum ($849k), and Other Iron Bars ($842k). Over the past 5 years the exports of Turkey to Guinea-Bissau have increased at an annualized rate of 13.1%, from $4.58M in 2017 to $8.47M in 2022.

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

Guinea-Bissau-Turkey Trade: In 2022, Guinea-Bissau exported $391k to Turkey. The main products that Guinea-Bissau exported to Turkey were Other Oily Seeds ($301k), Electric Batteries ($86.9k), and Electrical Lighting and Signalling Equipment ($2.77k). Over the past 5 years the exports of Guinea-Bissau to Turkey have decreased at an annualized rate of 15.3%,  from $894k in 2017 to $391k in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). 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, Turkey exported $8.47M to Guinea-Bissau. The main products exported from Turkey to Guinea-Bissau were Iron Blocks ($922k), Refined Petroleum ($849k), and Other Iron Bars ($842k). During the last 5 years the exports of Turkey to Guinea-Bissau have increased at an annualized rate of 13.1%, from $4.58M in 2017 to $8.47M in 2022.

In 2017, Guinea-Bissau exported $391k to Turkey. The main products exported from Guinea-Bissau to Turkey were Other Oily Seeds ($301k), Electric Batteries ($86.9k), and Electrical Lighting and Signalling Equipment ($2.77k). During the last 5 years the exports of Guinea-Bissau to Turkey have decreased at an annualized rate of 15.3%, from $894k in 2022 to $391k in 2017.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Guinea-Bissau
Top Destination
India$203M

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

In 2022, countries that imported more from Turkey than Guinea-Bissau included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, no countries were registered that imported more from Guinea-Bissau than from Turkey.

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

Comparative Advantage Turkey - Guinea-Bissau

Flow
Scale

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

During 2022, Turkey had a large net trade with Guinea-Bissau in the exports of Metals ($2.39M), Foodstuffs ($1.41M), and Machines ($1.21M).

During 2017, Guinea-Bissau had a large net trade with Turkey in the exports of Vegetable Products ($301k), Machines ($89.7k), and Foodstuffs ($5).

Economic Complexity

Competitive Landscape

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

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

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