Austria (AUT) and Guinea-Bissau (GNB) Trade | The Observatory of Economic Complexity

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Austria-Guinea-Bissau Trade: In 2022, Austria exported $821k to Guinea-Bissau. The main products that Austria exported to Guinea-Bissau were Other Plastic Products ($309k), Medical Instruments ($113k), and Chemical Analysis Instruments ($86.2k). Over the past 5 years the exports of Austria to Guinea-Bissau have decreased at an annualized rate of 28.6%, from $4.42M in 2017 to $821k in 2022.

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

Guinea-Bissau-Austria Trade: In 2022, Guinea-Bissau exported $3.45k to Austria. The main products that Guinea-Bissau exported to Austria were Weapons Parts and Accessories ($3.45k). Over the past 5 years the exports of Guinea-Bissau to Austria have increased at an annualized rate of 158%, from $30 in 2017 to $3.45k in 2022.

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

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $821k to Guinea-Bissau. The main products exported from Austria to Guinea-Bissau were Other Plastic Products ($309k), Medical Instruments ($113k), and Chemical Analysis Instruments ($86.2k). During the last 5 years the exports of Austria to Guinea-Bissau have decreased at an annualized rate of 28.6%, from $4.42M in 2017 to $821k in 2022.

In 2017, Guinea-Bissau exported $3.45k to Austria. The main products exported from Guinea-Bissau to Austria were Weapons Parts and Accessories ($3.45k). During the last 5 years the exports of Guinea-Bissau to Austria have increased at an annualized rate of 158%, from $30 in 2022 to $3.45k in 2017.

Exports from Austria () to Guinea-Bissau () (2022)

Exports from Guinea-Bissau () to Austria () (2022)

Latest Data

Trade between Austria () and Guinea-Bissau ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Guinea-Bissau
Top DestinationIndia$203M

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

In 2022, countries that imported more from Austria than Guinea-Bissau included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Guinea-Bissau than Austria included Togo ($4.97M).

Difference in imports from Guinea-Bissau () and Austria () (2022)

Comparative Advantage Austria - Guinea-Bissau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Guinea-Bissau in the exports of Plastics and Rubbers ($329k), Instruments ($244k), and Machines ($142k).

During 2017, Guinea-Bissau had a large net trade with Austria in the exports of Weapons ($3.45k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Guinea-Bissau () (2022)

Exports from Guinea-Bissau () to Austria () (2022)

Latest Data

Trade between Austria () and Guinea-Bissau ()

Austria Exports

Market Competitiveness

Difference in imports from Guinea-Bissau () and Austria () (2022)

Comparative Advantage Austria - Guinea-Bissau

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Guinea-Bissau () (2022)

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