Guyana (GUY) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Guyana-Austria Trade: In 2022, Guyana exported $212M to Austria. The main products that Guyana exported to Austria were Crude Petroleum ($212M), Hard Liquor ($17.8k), and Fishing and Hunting Equipment ($1.16k). Over the past 5 years the exports of Guyana to Austria have increased at an annualized rate of 204%, from $813k in 2017 to $212M in 2022.

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

Austria-Guyana Trade: In 2022, Austria exported $3.46M to Guyana. The main products that Austria exported to Guyana were Video and Card Games ($2.58M), Hydraulic Turbines ($222k), and Industrial Food Preperation Machinery ($176k). Over the past 5 years the exports of Austria to Guyana have increased at an annualized rate of 25.6%, from $882k in 2017 to $3.46M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $212M to Austria. The main products exported from Guyana to Austria were Crude Petroleum ($212M), Hard Liquor ($17.8k), and Fishing and Hunting Equipment ($1.16k). During the last 5 years the exports of Guyana to Austria have increased at an annualized rate of 204%, from $813k in 2017 to $212M in 2022.

In 2017, Austria exported $3.46M to Guyana. The main products exported from Austria to Guyana were Video and Card Games ($2.58M), Hydraulic Turbines ($222k), and Industrial Food Preperation Machinery ($176k). During the last 5 years the exports of Austria to Guyana have increased at an annualized rate of 25.6%, from $882k in 2022 to $3.46M in 2017.

Exports from Guyana () to Austria () (2022)

Exports from Austria () to Guyana () (2022)

Latest Data

Trade between Guyana () and Austria ()

Guyana Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Guyana than Austria included Panama ($5.84B), United Arab Emirates ($1.18B), and Aruba ($156M).

In 2022, countries that imported more from Austria than Guyana included Germany ($57.7B), Italy ($13.6B), and United States ($14.4B).

Difference in imports from Austria () and Guyana () (2022)

Comparative Advantage Guyana - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Austria in the exports of Mineral Products ($212M), Foodstuffs ($17.8k), and Miscellaneous ($1.16k).

During 2017, Austria had a large net trade with Guyana in the exports of Miscellaneous ($2.58M), Machines ($566k), and Instruments ($94.1k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Guyana () to Austria () (2022)

Exports from Austria () to Guyana () (2022)

Latest Data

Trade between Guyana () and Austria ()

Guyana Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Guyana () (2022)

Comparative Advantage Guyana - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guyana () and Austria () (2022)

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