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Guyana Trade Summary

2023

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 2023

Overall Exports and Imports for Guyana 2023

Exports and imports of Guyana in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 10,812 million.
  • The total value of imports (CIF) was 5,230 million.
  • At the HS6 digit level, 1,605 products were exported to 120 countries and 3,343 products were imported from 161 countries.

Guyana top 5 Export and Import partners 2023

Top five countries to which Guyana exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Guyana exports to Trinidad and Tobago worth US$ 1,904 million, with a partner share of 17.61 percent.
  2. Guyana exports to United States worth US$ 1,785 million, with a partner share of 16.51 percent.
  3. Guyana exports to Singapore worth US$ 1,640 million, with a partner share of 15.17 percent.
  4. Guyana exports to Netherlands worth US$ 1,003 million, with a partner share of 9.28 percent.
  5. Guyana exports to United Kingdom worth US$ 832 million, with a partner share of 7.69 percent.

Top five countries from which Guyana imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Guyana imports from United States worth US$ 1,581 million, with a partner share of 30.23 percent.
  2. Guyana imports from China worth US$ 645 million, with a partner share of 12.33 percent.
  3. Guyana imports from Trinidad and Tobago worth US$ 625 million, with a partner share of 11.96 percent.
  4. Guyana imports from Bahamas, The worth US$ 236 million, with a partner share of 4.51 percent.
  5. Guyana imports from United Kingdom worth US$ 224 million, with a partner share of 4.28 percent.

Guyana Top 5 Productsexports imports at HS 6 digit level 2023

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 7,170,113.16 (US$ Thousands).
  2. Guyana exported Cargo containers designed to be carried by one , worth 1,258,838.15 (US$ Thousands).
  3. Guyana exported Gold in unwrought forms non-monetary , worth 581,013.97 (US$ Thousands).
  4. Guyana exported Cruise ships, excursion boats etc principally d , worth 230,035.72 (US$ Thousands).
  5. Guyana exported Parts of boring or sinking machinery, whether o , worth 229,326.86 (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 984,720.21 (US$ Thousands).
  2. Guyana imported Cargo vessels nes and other vessels for the tra , worth 267,240.12 (US$ Thousands).
  3. Guyana imported Parts of boring or sinking machinery, whether o , worth 160,206.40 (US$ Thousands).
  4. Guyana imported Automobiles with reciprocating piston engine di , worth 110,863.26 (US$ Thousands).
  5. Guyana imported Gaskets, washers and other seals, of vulcanized , worth 107,879.91 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Guyana in 2023 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 8.45 percent.
  • The trade weighted average tariff was 7.18 .
  • The total duty free imports in thousands of US dollars were 1,723,784.96 and duty free tariff line items share was 34.64 percent.

Development Indicators 2023

Key Development Indicators of Guyana in 2023 are below

  • Guyana GDP in current US dollar was 16,919 million.
  • GNI per capita, Atlas method (current US$) was 17,770.00 .
  • Guyana Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 32.41 .

Trade Indicators 2023

Trade Indicators for Guyana in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 1.73.
  • World Growth in percentage was -3.13 and Guyana Country Growth was 7.22 .