Guinea Bissau recorded a trade deficit of 53.30 CFA Franc Million in 2019.

Balance of Trade in Guinea Bissau averaged -11.69 CFA Franc Million from 1986 until 2019, reaching an all time high of 30.70 CFA Franc Million in 2018 and a record low of -53.30 CFA Franc Million in 2019. This page provides - Guinea Bissau Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Bissau Balance of Trade - values, historical data and charts - was last updated on October of 2020.

Balance of Trade in Guinea Bissau is expected to reach -13.33 CFA Franc Million by the end of 2020, 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 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Guinea Bissau Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-53.30 30.70 30.70 -53.30 1986 - 2019 CFA Franc Million Yearly

Guinea Bissau Trade Last Previous Highest Lowest Unit
Balance of Trade -53.30 30.70 30.70 -53.30 CFA Franc Million [+]
Current Account -56.80 -25.00 12.40 -56.80 CFA Franc Billion [+]
Current Account to GDP -10.00 -3.20 2.65 -52.69 percent [+]
Exports 130.40 188.60 197.50 1.70 CFA Franc Million [+]
Imports 183.80 157.90 183.80 12.40 CFA Franc Million [+]
Terrorism Index 0.00 0.00 3.36 0.00 [+]


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.