2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 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 
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH
29.6%CURRENT US$
Rnk 64 / 186

About

Spain-Guinea-Bissau Trade: In 2022, Spain exported $13.5M to Guinea-Bissau. The main products that Spain exported to Guinea-Bissau were Soups and Broths ($1.49M), Flavored Water ($1.42M), and Explosive Ammunition ($1.04M). Over the past 5 years the exports of Spain to Guinea-Bissau have decreased at an annualized rate of 2.91%, from $15.6M in 2017 to $13.5M in 2022.

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

Guinea-Bissau-Spain Trade: In 2022, Guinea-Bissau exported $97.4k to Spain. The main products that Guinea-Bissau exported to Spain were Coconuts, Brazil Nuts, and Cashews ($87.6k), Oscilloscopes ($6.36k), and Garments of Impregnated Fabric ($679). Over the past 5 years the exports of Guinea-Bissau to Spain have increased at an annualized rate of 22.8%,  from $8.28k in 2017 to $97.4k in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). 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, Spain exported $13.5M to Guinea-Bissau. The main products exported from Spain to Guinea-Bissau were Soups and Broths ($1.49M), Flavored Water ($1.42M), and Explosive Ammunition ($1.04M). During the last 5 years the exports of Spain to Guinea-Bissau have decreased at an annualized rate of 2.91%, from $15.6M in 2017 to $13.5M in 2022.

In 2017, Guinea-Bissau exported $97.4k to Spain. The main products exported from Guinea-Bissau to Spain were Coconuts, Brazil Nuts, and Cashews ($87.6k), Oscilloscopes ($6.36k), and Garments of Impregnated Fabric ($679). During the last 5 years the exports of Guinea-Bissau to Spain have increased at an annualized rate of 22.8%, from $8.28k in 2022 to $97.4k in 2017.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Guinea-Bissau
Top Destination
India$203M

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

In 2022, countries that imported more from Spain than Guinea-Bissau included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Guinea-Bissau

Flow
Scale

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

During 2022, Spain had a large net trade with Guinea-Bissau in the exports of Foodstuffs ($4.9M), Machines ($1.89M), and Plastics and Rubbers ($1.36M).

During 2017, Guinea-Bissau had a large net trade with Spain in the exports of Vegetable Products ($87.6k), Instruments ($6.49k), and Textiles ($1.69k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Guinea-Bissau+N/AN/A
Top Product Potential Guinea-Bissau Spain+N/AN/A

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with