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Guinea-Bissau

Guinea-Bissau ranked No. 221 in total trade value through September with a total of $2.12 million. Exports totaled $898,965 and Imports totaled $1.22 million, a deficit of $317,299.

January – September 2019

Top Trading Ports

Total Trade: $2.12 million

RankPortTotal YTD
1Port of Virginia $705,061
2John F. Kennedy International Airport $360,986
3Port of Newark $224,780
4Anchorage International Airport, Alaska $145,692
5Port of Los Angeles $140,000
6Dallas-Fort Worth International Airport, Texas $134,100
7Seattle-Tacoma International Airport $125,591
8Port of Savannah, Ga. $113,114
9Miami International Airport $85,868
10Port of Houston $29,501

U.S. trade with Guinea-Bissau rose to $2.12 million through September

Guinea-Bissau’s trade with the United States rose to $2.12 million through the first nine months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 88.53 percent below its total trade during the same time period last year. U.S. exports to Guinea-Bissau decreased 95.11 percent while U.S. imports from Guinea-Bissau rose 2751 percent. The U.S. deficit with Guinea-Bissau was $317,299.

Through September, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Virginia; No. 2 John F. Kennedy International Airport; No. 3 Port of Newark; No. 4 Anchorage International Airport, Alaska; and No. 5 Port of Los Angeles. During the same period the previous year, the top five were No. 1 Port of Southern Louisiana, Gramercy, St. James Parish No. 2 Port of Houston No. 3 Port of Lake Charles, La. No. 4 Low-Valued Imports and Exports and No. 5 Port of Virginia. In the current time period, the top five accounted for 74.53 percent of Guinea-Bissau’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Virginia rose 194.75 percent to $705,061.
    Exports fell 45.89 percent to $129,426. Imports totaled $575,635.
  • Trade with No. 2 John F. Kennedy International Airport rose 87.89 percent to $360,986.
    Exports rose 87.89 percent to $360,986. There were no imports.
  • Trade with No. 3 Port of Newark rose 281.24 percent to $224,780.
    There were no exports. Imports totaled $224,780.
  • Trade with No. 4 Anchorage International Airport, Alaska totaled $145,692.
    There were no exports. Imports totaled $145,692.
  • Trade with No. 5 Port of Los Angeles rose 1117.39 percent to $140,000.
    There were no exports. Imports totaled $140,000.

Guinea-Bissau ranked No. 221 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 192.

Meanwhile, total U.S. trade with the world increased to $3.11 trillion, down 0.58 percent compared to the same period last year. The nation’s exports dropped 1.01 percent to $1.23 trillion; imports dropped 0.3 percent to $1.88 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $647.62 billion, up compared to the same period of last year when the deficit was $640.85 billion.

The top five U.S. exports to Guinea-Bissau by value through September were the categories of Misc. medical chemical re-agents; Chicken and other poultry; Miscellaneous machines, parts; Computers; and Cell phones, related equipment, respectively. They accounted for 76.46 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; Aircraft engines, engine parts; Value added to a returned import; and Salvage –– accounted for 100 percent of all inbound shipments.

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

  • Misc. medical chemical re-agents rose 7372.12 percent compared to last year to $194,275.
  • Chicken and other poultry fell 17.28 percent compared to last year to $179,898.
  • Miscellaneous machines, parts rose 417.72 percent compared to last year to $134,100.
  • Computers rose 22.25 percent compared to last year to $107,007.
  • Cell phones, related equipment fell 51.84 percent compared to last year to $72,034.

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

  • Coconuts, brazil nuts, cashew nuts totaled $940,415. The previous year, there were no imports in this category.
  • Aircraft engines, engine parts totaled $145,692. The previous year, there were no imports in this category.
  • Value added to a returned import rose 535.52 percent compared to last year to $125,591.
  • Salvage rose 297.04 percent compared to last year to $4,566.

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.

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