Guinea-Bissau
Saturday, 23rd March 2019

Guinea-Bissau Country Profile

 Editor's note: Due to the April 12th, 2012 coup trade development with Guinea-Bissau has been halted until a civilian government is restored. As such, the following information may not be apply.

 

June 2012 Investment Climate Statement - Guninea-Bissau


 

AGOA Status: Guinea-Bissau is eligible for AGOA this year.

Trade Agreements: The U.S. and the West African Economic and Monetary Union (UEMOA), which includes Guinea-Bissau, have a Trade & Investment Framework Agreement (TIFA).

U.S.-Guinea-Bissau Trade Facts

Guinea-Bissau is currently our 212th largest goods trading partner with $4.3 million in total (exports plus imports) goods trade during 2010. Goods exports totaled $3.4 million; Goods imports totaled $900,000. The U.S. goods trade surplus with Guinea-Bissau was $2.5 million in 2010.

Exports

Guinea-Bissau was the United States' 209th largest goods export market in 2010.

U.S. goods exports to Guinea-Bissau in 2010 were $3.4 million, up 125% from 2009.

The top export categories (2-digit HS) for 2010 were: Fats and Oils ($1.2 million), Milling, Malt, and Starch ($717), Meat ($501,000), Machinery ($283,000), and Cereals (rice) ($142,000).

U.S. exports of agricultural products to Guinea-Bissau totaled $296,000 in 2009.

Imports

Guinea-Bissau was the United States' 205th largest supplier of goods imports in 2010.

U.S. goods imports from Guinea-Bissau totaled $900,000 in 2010, a 1,943% increase from 2009.

The top import category (2-digit HS) for 2010 was: Precious Stones (diamonds) ($842,000). It represented nearly 94% of total imports from Guinea-Bissau

Trade Balance

The U.S. goods trade deficit with Guinea-Bissau was $2.5 million in 2010, 25% more than in 2009.

 

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