2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Australia-Guyana Trade: In 2022, Australia exported $6.76M to Guyana. The main products that Australia exported to Guyana were Coated Flat-Rolled Iron ($3.06M), Cheese ($2.12M), and Woodworking machines ($194k). Over the past 5 years the exports of Australia to Guyana have increased at an annualized rate of 1.11%, from $6.39M in 2017 to $6.76M in 2022.

In 2022, Australia did not export any services to Guyana.

Guyana-Australia Trade: In 2022, Guyana exported $666k to Australia. The main products that Guyana exported to Australia were Aluminium Ore ($338k), Hard Liquor ($202k), and Revenue Stamps ($47.1k). Over the past 5 years the exports of Guyana to Australia have increased at an annualized rate of 6.92%,  from $477k in 2017 to $666k in 2022.

In 2022, Guyana did not export any services to Australia.

Comparison In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24),  and 16 in total exports ($424B). That same year, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $6.76M to Guyana. The main products exported from Australia to Guyana were Coated Flat-Rolled Iron ($3.06M), Cheese ($2.12M), and Woodworking machines ($194k). During the last 5 years the exports of Australia to Guyana have increased at an annualized rate of 1.11%, from $6.39M in 2017 to $6.76M in 2022.

In 2017, Guyana exported $666k to Australia. The main products exported from Guyana to Australia were Aluminium Ore ($338k), Hard Liquor ($202k), and Revenue Stamps ($47.1k). During the last 5 years the exports of Guyana to Australia have increased at an annualized rate of 6.92%, from $477k in 2022 to $666k in 2017.

Exports from Australia (Flag) to Guyana (Flag) (2022)

Exports from Guyana (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Guyana (Flag)

Australia Exports

Guyana Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Guyana
Top Destination
Panama$5.84B

This map shows whether countries import more from Australia or Guyana. Each country is colored based on the difference in imports they receive from Australia and Guyana or the difference in the growth in imports.

In 2022, countries that imported more from Australia than Guyana included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Guyana than Australia included Panama ($5.84B), Aruba ($156M), and Venezuela ($97.3M).

Difference in imports from Guyana (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Guyana

Flow
Scale

This chart compares trade between Australia and Guyana by product, considering products traded by both, Australia and Guyana.

During 2022, Australia had a large net trade with Guyana in the exports of Metals ($3.1M), Animal Products ($2.12M), and Machines ($723k).

During 2017, Guyana had a large net trade with Australia in the exports of Mineral Products ($352k), Foodstuffs ($202k), and Machines ($55.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and Guyana. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Guyana. Similarly, a dot/product with the flag of Guyana indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Guyana (Flag) (2022)

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