2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195

About

Germany-Guyana Trade: In 2023, Germany exported $51M to Guyana. The main products that Germany exported to Guyana were Cranes ($7.6M), Washing and Bottling Machines ($4.46M), and Malt ($3.95M). Over the past 5 years the exports of Germany to Guyana have increased at an annualized rate of 18.7%, from $21.6M in 2018 to $51M in 2023.

In 2023, Germany did not export any services to Guyana.

Guyana-Germany Trade: In 2023, Guyana exported $1.18B to Germany. The main products that Guyana exported to Germany were Crude Petroleum ($1.17B), Aluminium Ore ($3.25M), and Rice ($1.62M). Over the past 5 years the exports of Guyana to Germany have increased at an annualized rate of 139%,  from $15.1M in 2018 to $1.18B in 2023.

In 2023, Guyana did not export any services to Germany.

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $51M to Guyana. The main products exported from Germany to Guyana were Cranes ($7.6M), Washing and Bottling Machines ($4.46M), and Malt ($3.95M). During the last 5 years the exports of Germany to Guyana have increased at an annualized rate of 18.7%, from $21.6M in 2018 to $51M in 2023.

In 2018, Guyana exported $1.18B to Germany. The main products exported from Guyana to Germany were Crude Petroleum ($1.17B), Aluminium Ore ($3.25M), and Rice ($1.62M). During the last 5 years the exports of Guyana to Germany have increased at an annualized rate of 139%, from $15.1M in 2023 to $1.18B in 2018.

Exports from Germany (Flag) to Guyana (Flag) (2023)

Exports from Guyana (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Guyana
Top Destination
United States$3.51B

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

In 2023, countries that imported more from Germany than Guyana included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Guyana than Germany included Trinidad and Tobago ($1.9B), Suriname ($170M), and Barbados ($123M).

Difference in imports from Guyana (Flag) and Germany (Flag) (2023)

Comparative Advantage Germany - Guyana

Flow
Scale

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

During 2023, Germany had a large net trade with Guyana in the exports of Machines ($25.3M), Transportation ($4.67M), and Vegetable Products ($4.2M).

During 2018, Guyana had a large net trade with Germany in the exports of Mineral Products ($1.18B), Vegetable Products ($1.62M), and Foodstuffs ($1.26M).

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Guyana (Flag) (2023)

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