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2023
Flag → Flag
Exports $93.7MRnk 24 / 147
2023
Flag → Flag
Top Product $85.9MCrude Petroleum
2023
Flag → Flag
Exports $236MRnk 5 / 114
2023
Flag → Flag
Top Product $236MPassenger and Cargo Ships
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC $20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195

About

Guyana-Bahamas Trade: In 2023, Guyana exported $93.7M to Bahamas. The main products that Guyana exported to Bahamas were Crude Petroleum ($85.9M), Other Construction Vehicles ($2.59M), and Excavation Machinery ($1.76M). Over the past 5 years the exports of Guyana to Bahamas have increased at an annualized rate of 218%, from $290k in 2018 to $93.7M in 2023.

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

Bahamas-Guyana Trade: In 2023, Bahamas exported $236M to Guyana. The main products that Bahamas exported to Guyana were Passenger and Cargo Ships ($236M). Over the past 5 years the exports of Bahamas to Guyana have increased at an annualized rate of 420%,  from $61.9k in 2018 to $236M in 2023.

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

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B). That same year, Bahamas ranked 139 in total exports ($3.01B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $93.7M to Bahamas. The main products exported from Guyana to Bahamas were Crude Petroleum ($85.9M), Other Construction Vehicles ($2.59M), and Excavation Machinery ($1.76M). During the last 5 years the exports of Guyana to Bahamas have increased at an annualized rate of 218%, from $290k in 2018 to $93.7M in 2023.

In 2018, Bahamas exported $236M to Guyana. The main products exported from Bahamas to Guyana were Passenger and Cargo Ships ($236M). During the last 5 years the exports of Bahamas to Guyana have increased at an annualized rate of 420%, from $61.9k in 2023 to $236M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Bahamas (Flag)

Guyana Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Bahamas
Top DestinationUnited States$1.07B

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

In 2023, countries that imported more from Guyana than Bahamas included United States ($3.51B), Trinidad and Tobago ($1.9B), and Netherlands ($1.82B).

In 2023, countries that imported more from Bahamas than Guyana included Zimbabwe ($469M), Cote d'Ivoire ($418M), and Dominican Republic ($125M).

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

Comparative Advantage Guyana - Bahamas

Flow
Scale

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

During 2023, Guyana had a large net trade with Bahamas in the exports of Mineral Products ($85.9M), Machines ($5.71M), and Metals ($1.06M).

During 2018, Bahamas had a large net trade with Guyana in the exports of Transportation ($236M).

Economic Complexity

Competitive Landscape

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

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

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