2022
Flag  
GDP
$1.63BCURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP GROWTH
65.1%CURRENT US$
Rnk 36 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH
29.6%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

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 8 years the exports of Guinea-Bissau to Austria have decreased at an annualized rate of 29.8%, from $58.4k in 2014 to $3.45k in 2022.

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

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 8 years the exports of Austria to Guinea-Bissau have decreased at an annualized rate of 6.26%,  from $4.42M in 2014 to $821k in 2022.

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

Comparison In 2022,  Guinea-Bissau ranked 184 in total exports ($221M), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 8 years the exports of Guinea-Bissau to Austria have decreased at an annualized rate of 29.8%, from $58.4k in 2014 to $3.45k in 2022.

In 2017, 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 6.26%, from $4.42M in 2022 to $821k in 2017.

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

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

Market Competitiveness

Color
Guinea-Bissau
Top Destination
India$203M
Austria
Top Destination
Germany$57.7B

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

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

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

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

Comparative Advantage Guinea-Bissau - Austria

Flow
Scale

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

During 2022, Guinea-Bissau had a large net trade with Austria in the exports of Weapons ($3.45k).

During 2017, Austria had a large net trade with Guinea-Bissau in the exports of Plastics and Rubbers ($329k), Instruments ($244k), and Machines ($142k).

Potential Exports

Potential Exports

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

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Guinea-Bissau and Austria. This means that a dot/product with the flag of Guinea-Bissau indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Guinea-Bissau.

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

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