Guyana
Compare Guyana →GY · GUY · BACI 328 · latest data 2024
Exports
= $22,971 M1241.1% over 5 yrs (up)
Imports
= $7,387 M81.9% over 5 yrs (up)
Trade balancesurplus
= $15,584 M
Total trade
= $30,358 M425.7% over 5 yrs (up)
- World position
- #73 of 225 exporters · top half · #129 of 225 importers · bottom half · 2024
- World export share since 1995
- +0.1 pp
Trade timeline
Guyana's exports grew from $489M in 1995 to $23.0B in 2024; the 2024 balance was $15.6B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $489 M | $362 M | $127 M | $851 M |
| 1996 | $554 M | $410 M | $144 M | $964 M |
| 1997 | $868 M | $724 M | $144 M | $1,591 M |
| 1998 | $761 M | $680 M | $81 M | $1,442 M |
| 1999 | $716 M | $572 M | $144 M | $1,287 M |
| 2000 | $780 M | $651 M | $129 M | $1,430 M |
| 2001 | $683 M | $663 M | $20 M | $1,346 M |
| 2002 | $638 M | $685 M | −$47 M | $1,323 M |
| 2003 | $676 M | $719 M | −$43 M | $1,394 M |
| 2004 | $726 M | $751 M | −$24 M | $1,477 M |
| 2005 | $709 M | $898 M | −$189 M | $1,607 M |
| 2006 | $770 M | $1,109 M | −$339 M | $1,878 M |
| 2007 | $938 M | $1,152 M | −$213 M | $2,090 M |
| 2008 | $1,096 M | $1,621 M | −$525 M | $2,717 M |
| 2009 | $1,007 M | $1,381 M | −$374 M | $2,388 M |
| 2010 | $1,169 M | $1,774 M | −$605 M | $2,943 M |
| 2011 | $1,581 M | $2,189 M | −$607 M | $3,770 M |
| 2012 | $1,871 M | $2,250 M | −$379 M | $4,122 M |
| 2013 | $1,843 M | $2,276 M | −$433 M | $4,118 M |
| 2014 | $1,620 M | $1,995 M | −$375 M | $3,615 M |
| 2015 | $1,407 M | $1,708 M | −$301 M | $3,115 M |
| 2016 | $1,751 M | $1,739 M | $11 M | $3,490 M |
| 2017 | $2,073 M | $1,936 M | $137 M | $4,009 M |
| 2018 | $1,688 M | $2,510 M | −$822 M | $4,198 M |
| 2019 | $1,713 M | $4,061 M | −$2,349 M | $5,774 M |
| 2020 | $3,580 M | $2,575 M | $1,005 M | $6,155 M |
| 2021 | $7,889 M | $4,938 M | $2,951 M | $12,827 M |
| 2022 | $16,195 M | $4,027 M | $12,168 M | $20,222 M |
| 2023 | $17,423 M | $5,605 M | $11,818 M | $23,029 M |
| 2024 | $22,971 M | $7,387 M | $15,584 M | $30,358 M |
Trading partners
United States was Guyana's top trading partner in 2024, at 25.1% of total trade; the top five partners covered 55.7%.
- Top partner share
- 25.1%
- Top-5 share
- 55.7%
- Partners
- 176
- Partner HHI (0–1)
- 0.097
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | United States | $5,206 M | $2,409 M | $7,615 M | $2,797 M |
| #2 | Netherlands | $2,754 M | $145 M | $2,899 M | $2,610 M |
| #3 | Panama | $2,536 M | $68 M | $2,604 M | $2,468 M |
| #4 | Germany | $2,160 M | $63 M | $2,223 M | $2,097 M |
| #5 | Spain | $1,505 M | $75 M | $1,580 M | $1,429 M |
| #6 | China | $430 M | $981 M | $1,412 M | −$551 M |
| #7 | Brazil | $908 M | $454 M | $1,362 M | $454 M |
| #8 | United Kingdom | $910 M | $298 M | $1,208 M | $613 M |
| #9 | Sweden | $1,037 M | $73 M | $1,109 M | $964 M |
| #10 | Romania | $626 M | $1 M | $627 M | $625 M |
| #11 | Trinidad & Tobago | $190 M | $419 M | $609 M | −$230 M |
| #12 | South Korea | $1 M | $490 M | $490 M | −$489 M |
| #13 | United Arab Emirates | $455 M | $30 M | $485 M | $425 M |
| #14 | Congo, Rep. | $413 M | $0 M | $413 M | $413 M |
| #15 | Belgium | $379 M | $28 M | $407 M | $351 M |
Products & sectors
Product composition of Guyana's trade in 2024.
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Concentration & risk
Guyana's export partners diversified over 1995–2024 — HHI 0.193 → 0.100, a diversified export base across 147 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.193 | 0.192 | 61 | 60 |
| 1996 | 0.197 | 0.167 | 70 | 69 |
| 1997 | 0.169 | 0.154 | 105 | 101 |
| 1998 | 0.189 | 0.154 | 96 | 103 |
| 1999 | 0.174 | 0.174 | 95 | 104 |
| 2000 | 0.162 | 0.174 | 114 | 126 |
| 2001 | 0.153 | 0.159 | 118 | 125 |
| 2002 | 0.140 | 0.135 | 121 | 126 |
| 2003 | 0.132 | 0.131 | 126 | 129 |
| 2004 | 0.109 | 0.140 | 132 | 132 |
| 2005 | 0.102 | 0.178 | 133 | 125 |
| 2006 | 0.102 | 0.147 | 122 | 119 |
| 2007 | 0.084 | 0.123 | 124 | 135 |
| 2008 | 0.097 | 0.117 | 120 | 130 |
| 2009 | 0.128 | 0.111 | 122 | 128 |
| 2010 | 0.149 | 0.106 | 124 | 141 |
| 2011 | 0.161 | 0.099 | 139 | 138 |
| 2012 | 0.166 | 0.103 | 134 | 166 |
| 2013 | 0.165 | 0.092 | 130 | 139 |
| 2014 | 0.152 | 0.112 | 123 | 133 |
| 2015 | 0.135 | 0.124 | 132 | 139 |
| 2016 | 0.158 | 0.143 | 135 | 144 |
| 2017 | 0.108 | 0.139 | 135 | 138 |
| 2018 | 0.116 | 0.170 | 133 | 141 |
| 2019 | 0.113 | 0.168 | 126 | 139 |
| 2020 | 0.099 | 0.138 | 128 | 147 |
| 2021 | 0.179 | 0.167 | 131 | 150 |
| 2022 | 0.183 | 0.114 | 140 | 162 |
| 2023 | 0.088 | 0.120 | 147 | 162 |
| 2024 | 0.100 | 0.141 | 147 | 159 |
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