What Is The Major Export Of Guinea Bissau?

by | Last updated on January 24, 2024

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Guinea Bissau main export is cashew nuts (90 percent of total exports) followed by fish and shrimp. Main export partners are: India, Singapore, Portugal and Nigeria.

What are the major imports and exports of Guinea?

Exports The top exports of Guinea are Gold ($2.83B) , Aluminium Ore ($2.82B), Aluminium Oxide ($91.2M), Non-fillet Frozen Fish ($47.1M), and Coconuts, Brazil Nuts, and Cashews ($45.3M), exporting mostly to United Arab Emirates ($2.36B), China ($2.16B), India ($379M), Belgium ($255M), and Spain ($197M).

Who does Guinea-Bissau trade with?

The most common import partners for Guinea-Bissau are Portugal ($102M) , Senegal ($65.5M), China ($31.9M), Netherlands ($23M), and Pakistan ($21.9M).

What countries does Namibia Trade with?

Market Trade (US$ Mil) Partner share(%) China 1,499 23.96 South Africa 1,016 16.25 Botswana 611 9.76 Belgium 434 6.94

What type of economy does Guinea Bissau have?

Guinea–Bissau is highly dependent on subsistence agriculture , the export of cashew nuts, and foreign assistance, which normally accounts for approximately 80 percent of its budget. The incomes of approximately two-thirds of the population are below the extreme-poverty line.

What animals live in Guinea-Bissau?

Guinea Bissau is a country blessed with an abundance of wildlife. Animals that live there include carnivores such as leopards, lions , wild cats such as caracals and servals, mongoose and the spotted hyena. Guinea Bissau is also home to the honey badger, jackals and otters.

What is the official language of Guinea-Bissau?

The official language of Guinea-Bissau is Portuguese , which is spoken by 11% of the population. The local dialect is called Crioulo or Kiriol. French is also learned in schools, as Guinea-Bissau is surrounded by French-speaking countries and is a full member of the Francophonie as well as the Lusophone CPLP.

What are the main exports in Guinea?

Guinea is a leading exporter of bauxite and holds the mineral’s largest reserve in the world. Other exports include iron, gold, diamonds, oil and coffee.

What is Liberia’s main export?

Liberia relies primarily on commodity exports (mainly rubber, iron ore, and gold ) as major sources of export earnings.

What products does Guinea produce?

Crops. In 1999, the main subsistence crops were manioc, 812,000 tons; rice , 750,000 tons; sweet potatoes, 135,000 tons; yams, 89,000 tons; and corn, 89,000 tons. The economy of Guinea also depends on cash crops such as sugarcane, citrus fruits, bananas, pineapples, peanuts, palm kernels, coffee, and coconuts.

Which country is the most developed in Africa?

Seychelles is Africa’s most developed country with an HDI of . 801, just making the “very high human development” threshold. Seychelles is ranked 62 in HDI rankings and has a life expectancy of 73.7 years. The country’s economic growth is mainly driven by tourism, and the GDP has increased nearly sevenfold since 1976.

What food does Namibia import?

Namibia – Food imports as a share of merchandise imports

Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco) , and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels).

What is the main exports of Namibia?

Namibia exports mostly diamonds (25% of total exports), uranium, lead, zinc, tin, silver, tungsten, food and live animals and manufactured products. Namibia’s main exports partners are South Africa (27% of total), United Kingdom (17%), USA, Angola, Netherlands and Spain.

What does the flag of Guinea-Bissau represent?

Colors and Symbolism of the Guinea Bissau Flag

The red stripe represents the blood of the nation’s martyrs , the green stripe stands for the country’s forests and hope for the future, and the yellow stripe is a symbol of both the nation’s mineral resources and the sun.

What is the literacy rate of Guinea-Bissau?

Guinea Bissau – Adult (15+) literacy rate

Adult literacy rate of Guinea Bissau increased from 20 % in 1979 to 45.6 % in 2014 growing at an average annual rate of 58.72%.

What are the natural resources of Guinea-Bissau?

Natural resources found in Guinea-Bissau include fish, timber, phosphates, bauxite, clay, granite, limestone and unexploited deposits of petroleum . 10.67% of the land is arable and 235.6 square kilometres is irrigated.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.