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2023
Flag → Flag
Exports $13.1MRnk 123 / 217
2023
Flag → Flag
Top Product $4.93MConcentrated Milk
2023
Flag → Flag
Exports $88.1MRnk 26 / 147
2023
Flag → Flag
Top Product $87.9MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195

About

Denmark-Guyana Trade: In 2023, Denmark exported $13.1M to Guyana. The main products that Denmark exported to Guyana were Concentrated Milk ($4.93M), Water and Gas Generators ($1.98M), and Glass Bottles ($633k). Over the past 5 years the exports of Denmark to Guyana have increased at an annualized rate of 14.2%, from $6.77M in 2018 to $13.1M in 2023.

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

Guyana-Denmark Trade: In 2023, Guyana exported $88.1M to Denmark. The main products that Guyana exported to Denmark were Crude Petroleum ($87.9M), Hard Liquor ($85.1k), and Excavation Machinery ($45.6k). Over the past 5 years the exports of Guyana to Denmark have increased at an annualized rate of 253%,  from $162k in 2018 to $88.1M in 2023.

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

Comparison In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13),  and 37 in total exports ($118B). 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, Denmark exported $13.1M to Guyana. The main products exported from Denmark to Guyana were Concentrated Milk ($4.93M), Water and Gas Generators ($1.98M), and Glass Bottles ($633k). During the last 5 years the exports of Denmark to Guyana have increased at an annualized rate of 14.2%, from $6.77M in 2018 to $13.1M in 2023.

In 2018, Guyana exported $88.1M to Denmark. The main products exported from Guyana to Denmark were Crude Petroleum ($87.9M), Hard Liquor ($85.1k), and Excavation Machinery ($45.6k). During the last 5 years the exports of Guyana to Denmark have increased at an annualized rate of 253%, from $162k in 2023 to $88.1M in 2018.

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

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

Latest Data

Trade between Denmark (Flag) and Guyana (Flag)

Denmark Exports

Guyana Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Guyana
Top DestinationUnited States$3.51B

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

In 2023, countries that imported more from Denmark than Guyana included Germany ($14.8B), Sweden ($11.2B), and United States ($12B).

In 2023, countries that imported more from Guyana than Denmark included Trinidad and Tobago ($1.9B), Singapore ($1.66B), and Panama ($519M).

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

Comparative Advantage Denmark - Guyana

Flow
Scale

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

During 2023, Denmark had a large net trade with Guyana in the exports of Animal Products ($5.37M), Machines ($3.96M), and Chemical Products ($699k).

During 2018, Guyana had a large net trade with Denmark in the exports of Mineral Products ($87.9M), Foodstuffs ($85.5k), and Wood Products ($55.5k).

Economic Complexity

Competitive Landscape

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

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

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