Guinea Bissau recorded a trade deficit of 101.80 XOF Million in 2024. Balance of Trade in Guinea Bissau averaged -23.62 XOF Million from 1986 until 2024, reaching an all time high of 30.73 XOF Million in 2018 and a record low of -101.80 XOF Million in 2024. source: Central Bank of West African States (BCEAO)



Related Last Previous Unit Reference
Balance of Trade -101.80 -98.80 XOF Million Dec 2024
Current Account -84.70 -97.20 XOF Billion Dec 2024
Current Account to GDP -5.80 -7.70 percent of GDP Dec 2024
Exports 149.20 145.40 XOF Million Dec 2024
Imports 251.00 244.20 XOF Million Dec 2024



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.
Actual Previous Highest Lowest Dates Unit Frequency
-101.80 -98.80 30.73 -101.80 1986 - 2024 XOF Million Yearly