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2022
Flag → Flag
Exports $666kRnk 62 / 139
2022
Flag → Flag
Top Product $338kAluminium Ore
2022
Flag → Flag
Exports $6.76MRnk 134 / 213
2022
Flag → Flag
Top Product $3.06MCoated Flat-Rolled Iron
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag  
GDP$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH278%CURRENT US$
Rnk 1 / 186
2022
Flag
 GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC $18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH248%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

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $666k in 2022.

In 2017, 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 2022 to $6.76M in 2017.

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

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

Latest Data

Trade between Guyana (Flag) and Australia (Flag)

Guyana Exports

Australia Exports

Market Competitiveness

Color
Guyana
Top DestinationPanama$5.84B
Australia
Top DestinationChina$123B

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

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

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

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

Comparative Advantage Guyana - Australia

Flow
Scale

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

During 2022, Guyana had a large net trade with Australia in the exports of Mineral Products ($352k), Foodstuffs ($202k), and Machines ($55.7k).

During 2017, Australia had a large net trade with Guyana in the exports of Metals ($3.1M), Animal Products ($2.12M), and Machines ($723k).

Economic Complexity

Competitive Landscape

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

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

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