Guinea Bissau recorded a trade deficit of 14.10 CFA Franc Million in 2017. Balance of Trade in Guinea Bissau averaged -13.64 CFA Franc Million from 1986 until 2017, reaching an all time high of 27.50 CFA Franc Million in 2016 and a record low of -45.90 CFA Franc Million in 2008.

Balance of Trade in Guinea Bissau is expected to be 46.04 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 51.42 CFA Franc Million in 2020, according to our econometric models.

Guinea Bissau Balance of Trade
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Guinea Bissau Trade Last Previous Highest Lowest Unit
Balance of Trade -14.10 27.50 27.50 -45.90 CFA Franc Million [+]
Current Account -68.70 10.00 12.40 -68.70 CFA Franc Billion [+]
Current Account to GDP -9.00 1.20 2.65 -52.69 percent [+]
Exports 198.40 164.00 198.40 1.70 CFA Franc Million [+]
Imports 212.50 133.00 212.50 12.40 CFA Franc Million [+]
Terrorism Index 0.00 0.04 3.36 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. This page provides - Guinea Bissau Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Bissau Balance of Trade - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-14.10 27.50 27.50 -45.90 1986 - 2017 CFA Franc Million Yearly




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4871.00 Apr/19
Brazil 6422.00 May/19
Canada -966.20 Apr/19
China 416.58 May/19
Euro Area 15671.60 Apr/19
France -4981.00 Apr/19
Germany 17900.00 Apr/19
India -15360.00 May/19
Indonesia 207.60 May/19
Italy 2884.57 Apr/19
Japan -967.11 May/19
Mexico 1370.00 Apr/19
Netherlands 4154.00 Apr/19
Russia 13705.00 Apr/19
Saudi Arabia 180059.00 Dec/18
Singapore 3962.64 May/19
South Africa -3427.45 Apr/19
South Korea 2271.00 May/19
Spain -1605300.00 Apr/19
Switzerland 1654.00 May/19
Turkey -2982.01 Apr/19
United Kingdom -2740.00 Apr/19
United States -50791.00 Apr/19


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