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Guinea-Bissau: Trade Profile

Foreign Trade in Figures

Guinea-Bissau is open to international trade and seeks to strengthen its relations with several countries and organizations in order to develop its foreign trade, which represented 80% of its GDP before the global crisis.
Customs duties remain relatively high. However, the country does not have many trade barriers.
The reforms established by the government, such as price liberalization, privatization and structural adjustment programs should benefit international trade on the long run. However, the terrible lack of infrastructures and high cost of raw materials are some of the barriers to the development of trade.
The country imports more than what it exports and the result is a trade deficit which is expected to continue during the next following years.
The main trading partners of Guinea-Bissau are India, Brazil, Portugal and ECOWAS (Economic Community of West Africa).

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Commercial Policy

Main International Economic Cooperation

Member of World Trade Organisation
Member of Economic Community of West African States (ECOWAS)

Member of West African Economic and Monetary Union (UEMOA)

Member of Community of Sahel-Saharan States (CEN-SAD)

Assessment of Commercial Policy

Country’s commercial policy

Average Customs Duty (Excluding Agricultural Products)

14.06%

List of tariffs and local taxes that apply to your product on our service Customs duties and local taxes

Useful Resources

National Organization of Intellectual Property

You can contact the General Directorate of Industrial Property by Email.

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Last Updates: May 2012