2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$1.63BCURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP GROWTH
65.1%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH
29.6%CURRENT US$
Rnk 64 / 186

About

Italy-Guinea-Bissau In 2022, Italy exported $1.77M to Guinea-Bissau. The main products that Italy exported to Guinea-Bissau are Explosive Ammunition ($301k), Sawn Wood ($238k), and Iron Pipes ($215k). During the last 27 years the exports of Italy to Guinea-Bissau have decreased at an annualized rate of 2.22%, from $3.24M in 1995 to $1.77M in 2022.

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

Guinea-Bissau-Italy In 2022, Guinea-Bissau exported $46.7k to Italy. The main products that Guinea-Bissau exported to Italy were Coconuts, Brazil Nuts, and Cashews ($44.2k) and Rice ($2.46k). During the last 27 years the exports of Guinea-Bissau to Italy have decreased at an annualized rate of 18.7%, from $12.5M in 1995 to $46.7k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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
Value

In 2022, Italy exported $1.77M to Guinea-Bissau. The main products exported from Italy to Guinea-Bissau were Explosive Ammunition ($301k), Sawn Wood ($238k), and Iron Pipes ($215k). During the last 27 years the exports of Italy to Guinea-Bissau have decreased at an annualized rate of 2.22%, from $3.24M in 1995 to $1.77M in 2022.

In 2022, Guinea-Bissau exported $46.7k to Italy. The main products exported from Guinea-Bissau to Italy were Coconuts, Brazil Nuts, and Cashews ($44.2k) and Rice ($2.46k). During the last 27 years the exports of Guinea-Bissau to Italy have decreased at an annualized rate of 18.7%, from $12.5M in 1995 to $46.7k in 2022.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Guinea-Bissau
Top Destination
India$203M

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

In 2021, countries that imported more from Italy than Guinea-Bissau were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2019, no countries were registered that imported more from Guinea-Bissau than from Italy.

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

Comparative Advantage Italy - Guinea-Bissau

Flow
Scale

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

During 2022, Italy had a large net trade with Guinea-Bissau in the exports of Metals ($455k), Weapons ($301k), and Machines ($239k).

During 2022, Guinea-Bissau had a large net trade with Italy in the exports of Vegetable Products ($46.7k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Guinea-Bissau. Similarly, the more yellow a dot/product is, the more Guinea-Bissau has comparative advantage over Italy.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with