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 -13.37 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.

Guinea Bissau Balance of Trade
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Guinea Bissau Trade Last Previous Highest Lowest Unit
Balance of Trade 21.00 -3.60 21.00 -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 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 0.04 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. 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 October of 2019.

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




Country Last Previous
Argentina 1744.00 Sep/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -122.98 Sep/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -3984900.00 Aug/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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