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Guinea-Bissau

Guinea-Bissau ranked No. 220 in total trade value through February with a total of $287,185. Exports totaled $31,515 and Imports totaled $255,670, a deficit of $224,155.

Top Trading Ports

RankPortYTD
1Port of Virginia$263,500
2Port of Savannah, Ga.$23,000
3Low-Valued Imports and Exports$515
4Low Value$170

U.S. trade with Guinea-Bissau rose to $287,185 through February

Guinea-Bissau’s trade with the United States rose to $287,185 through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 0.72 percent below its total trade during the same time period last year. Guinea-Bissau’s exports decreased 89.08 percent while imports rose 38874 percent. The U.S. deficit with Guinea-Bissau was $224,155.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Virginia; No. 2 Port of Savannah, Ga.; No. 3 Low-Valued Imports and Exports; No. 4 Low Value; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Miami International Airport No. 3 Dulles International Airport, Washington D.C., Va. No. 4 Port of Savannah, Ga. and No. 5 Port of Newark. In the current time period, the top five accounted for 100 percent of Guinea-Bissau’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Virginia totaled $263,500.
    Exports totaled $8,000. Imports totaled $255,500.
  • Trade with No. 2 Port of Savannah, Ga. fell 20.17 percent to $23,000.
    Exports fell 20.17 percent to $23,000. There were no imports.
  • Trade with No. 3 Low-Valued Imports and Exports fell 82.19 percent to $515.
    Exports fell 82.19 percent to $515. There were no imports.
  • Trade with No. 4 Low Value fell 74.09 percent to $170.
    There were no exports. Imports fell 74.09 percent to $170.
  • Trade with No. 5 Port of Newark fell 100 percent to $0.
    There were no exports. There were no imports.

Guinea-Bissau ranked No. 220 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 218.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Guinea-Bissau by value through February were the categories of Poultry, fresh, chilled or frozen; Returned exports, with change; and Low value shipments, respectively. They accounted for 100 percent of total exports to Guinea-Bissau.

The value of the top five categories of U.S. imports from Guinea-Bissau –– Coconuts, brazil nuts, cashew nuts; and Salvage –– accounted for 100 percent of all inbound shipments.

Looking more closely at U.S. exports to Guinea-Bissau:

  • Poultry, fresh, chilled or frozen totaled $23,000. The previous year, there were no exports in this category.
  • Returned exports, with change totaled $8,000. The previous year, there were no exports in this category.
  • Low value shipments fell 82.19 percent compared to last year to $515.

Looking more closely at U.S. imports from Guinea-Bissau:

  • Coconuts, brazil nuts, cashew nuts totaled $255,500. The previous year, there were no imports in this category.
  • Salvage fell 74.09 percent compared to last year to $170.

In the latest annual figures available, Guinea-Bissau recorded $3.77 million in trade with the United States. At year’s end, its were Houston; Atlanta/Savannah; New York City; Norfolk; and Cleveland. Total U.S. exports to Guinea-Bissau were $ 3.75 million and imports from Guinea-Bissau were $19,013. The U.S. surplus with Guinea-Bissau was $3.73 million.