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Guinea-Bissau Trade Summary

2017

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 2017

Overall Exports and Imports for Guinea-Bissau 2017

Exports and imports of Guinea-Bissau in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 189 million.
  • The total value of imports (CIF) was 177 million.
  • At the HS6 digit level, 1 products were exported to 11 countries and 1,976 products were imported from 86 countries.

Guinea-Bissau top 5 Export and Import partners 2017

Top five countries to which Guinea-Bissau exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Guinea-Bissau exports to India worth US$ 112 million, with a partner share of 59.12 percent.
  2. Guinea-Bissau exports to Vietnam worth US$ 37 million, with a partner share of 19.66 percent.
  3. Guinea-Bissau exports to Singapore worth US$ 35 million, with a partner share of 18.70 percent.
  4. Guinea-Bissau exports to United Arab Emirates worth US$ 2 million, with a partner share of 1.14 percent.
  5. Guinea-Bissau exports to Netherlands worth US$ 1 million, with a partner share of 0.37 percent.

Top five countries from which Guinea-Bissau imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Guinea-Bissau imports from Portugal worth US$ 70 million, with a partner share of 39.75 percent.
  2. Guinea-Bissau imports from Senegal worth US$ 23 million, with a partner share of 13.09 percent.
  3. Guinea-Bissau imports from Pakistan worth US$ 21 million, with a partner share of 11.98 percent.
  4. Guinea-Bissau imports from China worth US$ 11 million, with a partner share of 6.19 percent.
  5. Guinea-Bissau imports from India worth US$ 9 million, with a partner share of 5.26 percent.

Guinea-Bissau Top 5 Productsexports imports at HS 6 digit level 2017

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 189,269.29 (US$ Thousands).

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

  1. Guinea-Bissau imported Broken rice , worth 36,371.63 (US$ Thousands).
  2. Guinea-Bissau imported Petroleum oils, etc, (excl. crude); preparation , worth 26,171.01 (US$ Thousands).
  3. Guinea-Bissau imported Structures and parts of structures,i or s , worth 11,666.53 (US$ Thousands).
  4. Guinea-Bissau imported Portland cement (excl. white) , worth 8,322.73 (US$ Thousands).
  5. Guinea-Bissau imported Wheat or meslin flour , worth 6,995.41 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Guinea-Bissau in 2017 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 14.44 percent.
  • The trade weighted average tariff was 15.50 .
  • The total duty free imports in thousands of US dollars were 6,079.47 and duty free tariff line items share was 2.33 percent.

Development Indicators 2017

Key Development Indicators of Guinea-Bissau in 2017 are below

  • Guinea-Bissau GDP in current US dollar was 1,350 million.
  • GNI per capita, Atlas method (current US$) was 660.00 .
  • Guinea-Bissau Trade balance: as % of GDP was -5.30.
  • Trade balance in current US$ was -72.00 million.
  • Trade as percentage of GDP was 60.85 .
  • Trade in services as percentage of GDP was 14.07 .

Trade Indicators 2017

Trade Indicators for Guinea-Bissau in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.56.
  • Index of export market penetration was 1.11.
  • World Growth in percentage was 5.17 and Guinea-Bissau Country Growth was -1.97 .