Guinea-Bissau

Guinea-Bissau

Global Trade Profile • Rank #193 Exporter

$109.05M

Total Exports (2023)

$568.12M

Total Imports (2023)

$459.07M

Trade Deficit

#193

Export Ranking

Trade Flow Visualization

Interactive map showing Guinea-Bissau's top trading partners. Green lines represent exports, red lines represent imports.

#193

Export Rank

$109.05M

Total Exports

$568.12M

Total Imports

-$459.07M

Trade Balance

31

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Nuts, edible: cashew nuts, fresh or dried, in shel...
65.7%$71.65M
#2Fats and oils and their fractions: of fish, (exclu...
12.4%$13.50M
#3Fish: frozen, mackerel (Scomber scombrus, Scomber ...
5.6%$6.12M
#4Nuts, edible: cashew nuts, fresh or dried, shelled
4.7%$5.13M
#5Fish: frozen, sardines (Sardina pilchardus, Sardin...
2.5%$2.68M
#6Fish: frozen, n.e.c. in heading 0303, excluding fi...
1.9%$2.09M
#7Fish: frozen, jack and horse mackerel (Trachurus s...
1.6%$1.77M
#8Molluscs: octopus (Octopus spp.), frozen
1.2%$1.29M
#9Food preparations: of flour, meal, starch, malt ex...
0.6%$673,393
#10Oil seeds: sesamum seeds, whether or not broken
0.5%$580,915

📥 Top Import Sources

Top Import Products

#1Petroleum oils and oils from bituminous minerals, ...
24.5%$139.10M
#2Iron or non-alloy steel: bars and rods, hot-rolled...
14.4%$81.64M
#3Cereals: rice, broken
4.4%$25.20M
#4Cereals: rice, semi-milled or wholly milled, wheth...
3.6%$20.21M
#5Beer: made from malt
1.9%$10.81M
#6Soups and broths and preparations therefor
1.7%$9.83M
#7Wine: still, in containers holding 2 litres or les...
1.6%$9.00M
#8Wheat or meslin flour
1.6%$8.93M
#9Non-alcoholic beverages: other than non-alcoholic ...
1.4%$8.19M
#10Steel, alloy: bars and rods n.e.c. in heading no. ...
1.2%$6.65M

📈 Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

📈

Trend Direction

Guinea-Bissau Trade Analysis 2023

📊 Overview

#193
Global Export Rank
677.16M
Total Trade Volume
0.00%
Share of Global Trade

Guinea-Bissau stands as the world's #193 largest exporter and #192 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 459.07 million, reflecting import dependencies for growth.

⚠️
Trade deficit of 80.8% of imports requires careful management of external financing.
109.05M
Total Exports
568.12M
Total Imports
0.19
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $56.43M, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

India
Chile
Côte d'Ivoire
Ghana
Netherlands
Others

Export Market Concentration

66.3%
$72.34M
9.2%$10.04M
4.3%$4.73M
2.6%$2.80M
2.3%$2.51M
1.8%$2.00M
13 others
7.0%$7.66M

Export concentration shows India as the dominant market at 66.3%. The top three markets control 80.9% of exports.

⚠️

Market Concentration Risk

Heavy reliance on India (66.3% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
87.9%
Top 5 Markets
95.8%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (Türkiye, Liberia, Ecuador) provide $8.67M in additional trade.

📦 Import Sources

Import Source Concentration

27.7%
$157.36M
24.2%
$137.74M
11.0%$62.64M
10.4%$59.27M
3.7%$21.08M
3.2%$18.44M
2.3%$12.92M
13 others
13.3%$75.46M

Guinea-Bissau relies heavily on Senegal for imports (27.7%),creating supply chain concentration risk.

Energy suppliers including Saudi Arabia (12.92M), United Arab Emirates (4.94M) collectively provide 17.86 million or 3.1% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, reflecting deep integration into Asian production networks. China's dominant position at 62.64 million encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 3.42 million (0.6%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 88.2% of total imports, with the remaining 12% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Netherlands (18.44M), Belgium (6.30M), France (4.76M) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Indiaemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

Top Export Products

cashew nuts, fresh or dried, in shell...
65.7%
$71.65M
of fish, (excluding liver-oils)...
12.4%$13.50M
frozen, mackerel (Scomber scombrus, Scomber austra...
5.6%$6.12M
cashew nuts, fresh or dried, shelled
4.7%$5.13M
frozen, sardines (Sardina pilchardus, Sardinops sp...
2.5%$2.68M
3 others
4.7%$5.15M

Guinea-Bissau's export economy centers on diversified industrial production, with the leading export being cashew nuts, fresh or dried, in shellat $71.65 million, accounting for 65.7% of total exports.

Electronics, semiconductors, and machinery contribute 210.00 thousand or 0.2% of exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 1 categories specifically related to alternative propulsion systems, totaling $209,997.

Beyond automotive, Guinea-Bissau maintains strong positions in specialized equipment, electronic components (209,997), and Nuts, edible, Fats and oils and their fractions, Fish.

The top 20 export products collectively account for 98.9% of total exports, revealing moderate concentration with room for further diversification.

🛒 Import Products

Top Import Products

preparations n.e.c. containing by weight 70% or mo...
24.5%
$139.10M
bars and rods, hot-rolled, hot-drawn or hot-extrud...
14.4%$81.64M
rice, broken
4.4%$25.20M
rice, semi-milled or wholly milled, whether or not...
3.6%$20.21M
made from malt
1.9%$10.81M
3 others
4.9%$27.76M

Energy dominates Guinea-Bissau's import profile, with fossil fuels accounting for 139.10 million or 24.5% of total imports. Crude oil leads at 139.10 million (24.5%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

🔑

Key Finding: Energy Dependency

Energy imports of $139.10M account for 24.5% of all imports, making Guinea-Bissau vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include bars and rods, hot-rolled, hot-drawn or ... (81.64M, 14.4%), rice, broken (25.20M, 4.4%), rice, semi-milled or wholly milled, whet... (20.21M, 3.6%), made from malt (10.81M, 1.9%), Soups and broths and preparations theref... (9.83M, 1.7%).Pharmaceutical products represent 3.41 million (0.6%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Guinea-Bissau's economy: food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (17 : 3among top 20 products) indicates significant value-addition activities domestically. Import substitution potential exists in technology and agriculture sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 17 primary products to 1 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

⚖️ Trade Balance Dynamics

-459.07 million
Trade Deficit 67.79% of total trade
PartnerExportsImportsBalance
Senegal$217,069$157.36M$-157.14M
Portugal$228,156$137.74M$-137.51M
India$72.34M$9.38M+$62.95M
China$0$62.64M$-62.64M
Gambia$0$59.27M$-59.27M

Export-to-import ratio of 0.192 means exports cover 19.2% of import costs.

🔗 Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
Senegal$217,069$157.36M$-157.14M
Portugal$228,156$137.74M$-137.51M
India$72.34M$9.38M+$62.95M
China$0$62.64M$-62.64M
Gambia$0$59.27M$-59.27M
Netherlands$2.80M$18.44M$-15.64M
Pakistan$0$21.08M$-21.08M
Saudi Arabia$0$12.92M$-12.92M
Total$75.58M$478.83M$-403.25M

The Guinea-Bissau-Senegal relationship leads at 157.58 million in bilateral trade.View detailed analysis →

Additional major partnerships include India (81.72M total trade), China (62.64M total trade), Gambia (59.27M total trade). Regional integration through transatlantic partnerships facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—578.89M across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

Global rankings position Guinea-Bissau as the #193 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.001%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Guinea-Bissau's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly incashew nuts, fresh or dri, of fish, (excluding liver, frozen, mackerel (Scomber. The revealed comparative advantage is strongest in product categories representing83.7% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 459.07M, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Malaysia, USA, Brazil, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Guinea-Bissau's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Guinea-Bissau's position as the world's #193 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026