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Guyana Trade Summary

2020

Guyana exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR GUYANA 2020

Overall Exports and Imports for Guyana 2020

Exports and imports of Guyana in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,197 million.
  • The total value of imports (CIF) was 2,241 million.
  • At the HS6 digit level, 1,131 products were exported to 102 countries and 3,239 products were imported from 135 countries.

Guyana top 5 Export and Import partners 2020

Top five countries to which Guyana exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Guyana exports to United States worth US$ 1,481 million, with a partner share of 28.50 percent.
  2. Guyana exports to Canada worth US$ 959 million, with a partner share of 18.46 percent.
  3. Guyana exports to United Arab Emirates worth US$ 891 million, with a partner share of 17.15 percent.
  4. Guyana exports to Singapore worth US$ 252 million, with a partner share of 4.85 percent.
  5. Guyana exports to Panama worth US$ 250 million, with a partner share of 4.81 percent.

Top five countries from which Guyana imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Guyana imports from United States worth US$ 740 million, with a partner share of 33.00 percent.
  2. Guyana imports from Trinidad and Tobago worth US$ 515 million, with a partner share of 22.97 percent.
  3. Guyana imports from China worth US$ 231 million, with a partner share of 10.29 percent.
  4. Guyana imports from Suriname worth US$ 92 million, with a partner share of 4.11 percent.
  5. Guyana imports from Japan worth US$ 82 million, with a partner share of 3.64 percent.

Guyana Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Guyana along with trade value are:

  1. Guyana exported Petroleum oils and oils obtained from bituminou , worth 2,128,162.64 (US$ Thousands).
  2. Guyana exported Gold in unwrought forms non-monetary , worth 1,974,860.86 (US$ Thousands).
  3. Guyana exported Semi-milled or wholly milled rice , worth 323,527.78 (US$ Thousands).
  4. Guyana exported Aluminium ores and concentrates , worth 149,869.58 (US$ Thousands).
  5. Guyana exported Rice in the husk (paddy or rough) , worth 63,068.63 (US$ Thousands).

The top five imported HS 6 digit level products from world by Guyana along with trade value are

  1. Guyana imported Petroleum oils, etc, (excl. crude); preparation , worth 477,683.23 (US$ Thousands).
  2. Guyana imported Portland cement (excl. white) , worth 113,292.60 (US$ Thousands).
  3. Guyana imported Casings,tubing&drill pipe,i/st,smls,for use in , worth 51,760.07 (US$ Thousands).
  4. Guyana imported Parts of boring or sinking machinery, whether o , worth 48,567.52 (US$ Thousands).
  5. Guyana imported Pipes, line, iron or steel, smls, of a kind use , worth 39,159.20 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Guyana in 2020 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 9.40 percent.
  • The trade weighted average tariff was 6.51 .
  • The total duty free imports in thousands of US dollars were 959,046.43 and duty free tariff line items share was 27.48 percent.

Development Indicators 2020

Key Development Indicators of Guyana in 2020 are below

  • Guyana GDP in current US dollar was 5,471 million.
  • GNI per capita, Atlas method (current US$) was 8,190.00 .
  • Guyana Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 36.74 .

Trade Indicators 2020

Trade Indicators for Guyana in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 1.71.
  • World Growth in percentage was -3.77 and Guyana Country Growth was 26.81 .