Guyana (GUY) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Guyana-Brazil Trade: In 2022, Guyana exported $512M to Brazil. The main products that Guyana exported to Brazil were Crude Petroleum ($508M), Aluminium Ore ($1.23M), and Other Engines ($958k). Over the past 5 years the exports of Guyana to Brazil have increased at an annualized rate of 124%, from $9.15M in 2017 to $512M in 2022.

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

Brazil-Guyana Trade: In 2022, Brazil exported $265M to Guyana. The main products that Brazil exported to Guyana were Valves ($133M), Other Large Iron Pipes ($49.6M), and Unglazed Ceramics ($5.8M). Over the past 5 years the exports of Brazil to Guyana have increased at an annualized rate of 45.9%, from $40.1M in 2017 to $265M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $512M to Brazil. The main products exported from Guyana to Brazil were Crude Petroleum ($508M), Aluminium Ore ($1.23M), and Other Engines ($958k). During the last 5 years the exports of Guyana to Brazil have increased at an annualized rate of 124%, from $9.15M in 2017 to $512M in 2022.

In 2017, Brazil exported $265M to Guyana. The main products exported from Brazil to Guyana were Valves ($133M), Other Large Iron Pipes ($49.6M), and Unglazed Ceramics ($5.8M). During the last 5 years the exports of Brazil to Guyana have increased at an annualized rate of 45.9%, from $40.1M in 2022 to $265M in 2017.

Exports from Guyana () to Brazil () (2022)

Exports from Brazil () to Guyana () (2022)

Latest Data

Trade between Guyana () and Brazil ()

Guyana Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Guyana than Brazil included Panama ($5.84B), Aruba ($156M), and Austria ($212M).

In 2022, countries that imported more from Brazil than Guyana included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Guyana - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Brazil in the exports of Mineral Products ($510M), Machines ($1.44M), and Chemical Products ($734k).

During 2017, Brazil had a large net trade with Guyana in the exports of Machines ($152M), Metals ($58.4M), and Foodstuffs ($14.7M).

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 Brazil. This means that a dot/product with the flag of Guyana indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Guyana.

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Historical Data

Bilateral Trade by Products

Exports from Guyana () to Brazil () (2022)

Exports from Brazil () to Guyana () (2022)

Latest Data

Trade between Guyana () and Brazil ()

Guyana Exports

Brazil Exports

Market Competitiveness

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

Comparative Advantage Guyana - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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