Guinea Bissau recorded a trade surplus of 21 CFA Franc Million in 2018. Balance of Trade in Guinea Bissau averaged -12.58 CFA Franc Million from 1986 until 2018, reaching an all time high of 21 CFA Franc Million in 2018 and a record low of -45.90 CFA Franc Million in 2008.

Balance of Trade in Guinea Bissau is expected to be -13.50 CFA Franc Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Bissau Balance of Trade is projected to trend around -13.49 CFA Franc Million in 2020, according to our econometric models.


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Guinea Bissau Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
21.00 -3.60 21.00 -45.90 1986 - 2018 CFA Franc Million Yearly


Guinea Bissau Balance of Trade
Guinea Bissau has a systemic trade deficit as the result of the country’s need to import fuel and foodstuff. Guinea Bissau is a net exporter of cashew nuts (90 percent of total exports), fish and shrimp. Main trading partners are Portugal and China.

Guinea Bissau Trade Last Previous Highest Lowest Unit
Balance of Trade 21.00 -3.60 21.00 -45.90 CFA Franc Million [+]
Current Account -33.60 2.30 19.10 -42.49 CFA Franc Billion [+]
Current Account to GDP -3.20 -0.60 2.65 -52.69 percent [+]
Exports 141.70 114.30 141.70 1.70 CFA Franc Million [+]
Imports 120.70 117.90 120.70 12.40 CFA Franc Million [+]
Terrorism Index 0.00 0.00 3.36 0.00 [+]