2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 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 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186

About

Ecuador-Guyana Trade: In 2022, Ecuador exported $960k to Guyana. The main products that Ecuador exported to Guyana were Natural Polymers ($219k), Large Iron Containers ($104k), and Plastic Lids ($102k). Over the past 5 years the exports of Ecuador to Guyana have increased at an annualized rate of 43.1%, from $160k in 2017 to $960k in 2022.

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

Guyana-Ecuador Trade: In 2022, Guyana exported $962k to Ecuador. The main products that Guyana exported to Ecuador were Aluminium Ore ($896k), Ethylene Polymers ($21k), and Surveying Equipment ($15.1k). Over the past 5 years the exports of Guyana to Ecuador have increased at an annualized rate of 10.9%,  from $573k in 2017 to $962k in 2022.

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

Comparison In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). 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, Ecuador exported $960k to Guyana. The main products exported from Ecuador to Guyana were Natural Polymers ($219k), Large Iron Containers ($104k), and Plastic Lids ($102k). During the last 5 years the exports of Ecuador to Guyana have increased at an annualized rate of 43.1%, from $160k in 2017 to $960k in 2022.

In 2017, Guyana exported $962k to Ecuador. The main products exported from Guyana to Ecuador were Aluminium Ore ($896k), Ethylene Polymers ($21k), and Surveying Equipment ($15.1k). During the last 5 years the exports of Guyana to Ecuador have increased at an annualized rate of 10.9%, from $573k in 2022 to $962k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Guyana
Top Destination
Panama$5.84B

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

In 2022, countries that imported more from Ecuador than Guyana included United States ($9.86B), China ($6.17B), and Chile ($1.34B).

In 2022, countries that imported more from Guyana than Ecuador included Netherlands ($2.86B), United Arab Emirates ($1.18B), and Panama ($5.84B).

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

Comparative Advantage Ecuador - Guyana

Flow
Scale

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

During 2022, Ecuador had a large net trade with Guyana in the exports of Plastics and Rubbers ($429k), Metals ($193k), and Foodstuffs ($76.5k).

During 2017, Guyana had a large net trade with Ecuador in the exports of Mineral Products ($896k), Plastics and Rubbers ($33.6k), and Instruments ($16.8k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with