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Guinea-Bissau Trade Summary

2018

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 2018

Overall Exports and Imports for Guinea-Bissau 2018

Exports and imports of Guinea-Bissau in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 245 million.
  • The total value of imports (CIF) was 166 million.
  • At the HS6 digit level, 4 products were exported to 7 countries and 1,992 products were imported from 80 countries.

Guinea-Bissau top 5 Export and Import partners 2018

Top five countries to which Guinea-Bissau exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Guinea-Bissau exports to India worth US$ 108 million, with a partner share of 44.17 percent.
  2. Guinea-Bissau exports to China worth US$ 71 million, with a partner share of 29.14 percent.
  3. Guinea-Bissau exports to Singapore worth US$ 44 million, with a partner share of 17.85 percent.
  4. Guinea-Bissau exports to Vietnam worth US$ 15 million, with a partner share of 6.13 percent.
  5. Guinea-Bissau exports to United Arab Emirates worth US$ 4 million, with a partner share of 1.70 percent.

Top five countries from which Guinea-Bissau imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Guinea-Bissau imports from Portugal worth US$ 63 million, with a partner share of 38.27 percent.
  2. Guinea-Bissau imports from Senegal worth US$ 28 million, with a partner share of 17.11 percent.
  3. Guinea-Bissau imports from Pakistan worth US$ 14 million, with a partner share of 8.72 percent.
  4. Guinea-Bissau imports from China worth US$ 9 million, with a partner share of 5.62 percent.
  5. Guinea-Bissau imports from Netherlands worth US$ 9 million, with a partner share of 5.27 percent.

Guinea-Bissau Top 5 Productsexports imports at HS 6 digit level 2018

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 167,802.63 (US$ Thousands).
  2. Guinea-Bissau exported Wood, nes sawn or chipped lengthwise, sliced or , worth 12,275.66 (US$ Thousands).
  3. Guinea-Bissau exported Oak (Quercus spp.) wood,sawn/chipped lengthwise , worth 1,807.79 (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 28,961.20 (US$ Thousands).
  2. Guinea-Bissau imported Petroleum oils, etc, (excl. crude); preparation , worth 27,774.87 (US$ Thousands).
  3. Guinea-Bissau imported Portland cement (excl. white) , worth 7,856.69 (US$ Thousands).
  4. Guinea-Bissau imported Wheat or meslin flour , worth 6,923.09 (US$ Thousands).
  5. Guinea-Bissau imported Other fermented beverages (for example, cider, , worth 5,110.25 (US$ Thousands).

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Guinea-Bissau in 2018 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 14.30 percent.
  • The trade weighted average tariff was 14.39 .
  • The total duty free imports in thousands of US dollars were 4,532.28 and duty free tariff line items share was 3.41 percent.

Development Indicators 2018

Key Development Indicators of Guinea-Bissau in 2018 are below

  • Guinea-Bissau GDP in current US dollar was 1,505 million.
  • GNI per capita, Atlas method (current US$) was 700.00 .
  • Guinea-Bissau Trade balance: as % of GDP was -5.47.
  • Trade balance in current US$ was -82.00 million.
  • Trade as percentage of GDP was 56.02 .
  • Trade in services as percentage of GDP was 13.74 .

Trade Indicators 2018

Trade Indicators for Guinea-Bissau in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.71.
  • Index of export market penetration was 1.08.
  • World Growth in percentage was 4.91 and Guinea-Bissau Country Growth was -33.14 .