
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
India
Chile
Côte d'Ivoire
Ghana
Netherlands
Türkiye
Liberia
Ecuador
Japan
TogoTop Export Products
📥 Top Import Sources
Senegal
Portugal
China
Gambia
Pakistan
Netherlands
Saudi Arabia
Spain
India
TürkiyeTop Import Products
📈 Historical Trade Trends (1995-2023)
29 Years
Data Coverage
29
Data Points
📈
Trend Direction
Guinea-Bissau Trade Analysis 2023
📊 Overview
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.
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
Export Market Concentration
Export concentration shows India as the dominant market at 66.3%. The top three markets control 80.9% of exports.
Market Concentration Risk
Regional patterns reveal globally balanced access. Secondary markets (Türkiye, Liberia, Ecuador) provide $8.67M in additional trade.
📦 Import Sources
Import Source Concentration
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
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
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
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
| Partner | Exports | Imports | Balance |
|---|---|---|---|
| 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
| Partner | Exports | Imports | Balance |
|---|---|---|---|
| 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
Strategic Priority
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