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Guinea-Bissau Trade Summary

2003

Guinea-Bissau exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR GUINEA-BISSAU 2003

Overall Exports and Imports for Guinea-Bissau 2003

Exports and imports of Guinea-Bissau in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 61 million.
  • The total value of imports (CIF) was 64 million.
  • At the HS6 digit level, 47 products were exported to 9 countries and 909 products were imported from 35 countries.

Guinea-Bissau top 5 Export and Import partners 2003

Top five countries to which Guinea-Bissau exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Guinea-Bissau exports to Singapore worth US$ 31 million, with a partner share of 50.38 percent.
  2. Guinea-Bissau exports to India worth US$ 25 million, with a partner share of 40.35 percent.
  3. Guinea-Bissau exports to Portugal worth US$ 2 million, with a partner share of 2.67 percent.
  4. Guinea-Bissau exports to Panama worth US$ 1 million, with a partner share of 2.16 percent.
  5. Guinea-Bissau exports to Senegal worth US$ 1 million, with a partner share of 1.85 percent.

Top five countries from which Guinea-Bissau imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Guinea-Bissau imports from Portugal worth US$ 24 million, with a partner share of 37.46 percent.
  2. Guinea-Bissau imports from China worth US$ 12 million, with a partner share of 19.24 percent.
  3. Guinea-Bissau imports from Senegal worth US$ 8 million, with a partner share of 12.85 percent.
  4. Guinea-Bissau imports from Thailand worth US$ 3 million, with a partner share of 5.13 percent.
  5. Guinea-Bissau imports from Italy worth US$ 3 million, with a partner share of 4.20 percent.

Guinea-Bissau Top 5 Productsexports imports at HS 6 digit level 2003

The top five exported HS 6 digit level products to world by Guinea-Bissau along with trade value are:

  1. Guinea-Bissau exported Cashew nuts, fresh or dried , worth US$ 58,316.01 million.
  2. Guinea-Bissau exported Derricks, cranes or work trucks fitted with a c , worth US$ 1,031.89 million.
  3. Guinea-Bissau exported Cotton linters , worth US$ 453.79 million.
  4. Guinea-Bissau exported Pts of mach for making up paper pulp,paper or p , worth US$ 343.95 million.
  5. Guinea-Bissau exported Machinery for making up paper pulp, paper or pa , worth US$ 306.78 million.

The top five imported HS 6 digit level products from world by Guinea-Bissau along with trade value are

  1. Guinea-Bissau imported Semi-milled or wholly milled rice , worth US$ 22,264.07 million.
  2. Guinea-Bissau imported Broken rice , worth US$ 5,334.61 million.
  3. Guinea-Bissau imported Wheat or meslin flour , worth US$ 2,384.00 million.
  4. Guinea-Bissau imported Portland cement (excl. white) , worth US$ 2,082.69 million.
  5. Guinea-Bissau imported Automobiles with reciprocating piston engine di , worth US$ 1,954.99 million.

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Guinea-Bissau in 2003 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 13.98 percent.
  • The trade weighted average tariff was 13.28 .
  • The total duty free imports in thousands of US dollars were 3,692.84 and duty free tariff line items share was 2.04 percent.

Development Indicators 2003

Key Development Indicators of Guinea-Bissau in 2003 are below

  • Guinea-Bissau GDP in current US dollar was 477 million.
  • GNI per capita, Atlas method (current US$) was 320.00 .
  • Guinea-Bissau Trade balance: as % of GDP was -5.91.
  • Trade balance in current US$ was -28.00 million.
  • Trade as percentage of GDP was 43.27 .
  • Trade in services as percentage of GDP was 8.84 .

Trade Indicators 2003

Trade Indicators for Guinea-Bissau in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.48.
  • Index of export market penetration was 1.14.
  • World Growth in percentage was 8.09 and Guinea-Bissau Country Growth was -6.96 .