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2023
Flag → Flag
Exports $129MRnk 21 / 147
2023
Flag → Flag
Top Product $125MCrude Petroleum
2023
Flag → Flag
Exports $43.4MRnk 65 / 183
2023
Flag → Flag
Top Product $10.4MElectrical Transformers
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC $20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH274%CURRENT US$
Rnk 1 / 195
2023
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GDP PC$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195

About

Guyana-Colombia Trade: In 2023, Guyana exported $129M to Colombia. The main products that Guyana exported to Colombia were Crude Petroleum ($125M), Excavation Machinery ($619k), and Surveying Equipment ($571k). Over the past 5 years the exports of Guyana to Colombia have increased at an annualized rate of 137%, from $1.71M in 2018 to $129M in 2023.

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

Colombia-Guyana Trade: In 2023, Colombia exported $43.4M to Guyana. The main products that Colombia exported to Guyana were Electrical Transformers ($10.4M), Cement ($4.78M), and Raw Sugar ($3.16M). Over the past 5 years the exports of Colombia to Guyana have increased at an annualized rate of 22.1%,  from $16M in 2018 to $43.4M in 2023.

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

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index. That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $129M to Colombia. The main products exported from Guyana to Colombia were Crude Petroleum ($125M), Excavation Machinery ($619k), and Surveying Equipment ($571k). During the last 5 years the exports of Guyana to Colombia have increased at an annualized rate of 137%, from $1.71M in 2018 to $129M in 2023.

In 2018, Colombia exported $43.4M to Guyana. The main products exported from Colombia to Guyana were Electrical Transformers ($10.4M), Cement ($4.78M), and Raw Sugar ($3.16M). During the last 5 years the exports of Colombia to Guyana have increased at an annualized rate of 22.1%, from $16M in 2023 to $43.4M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Colombia (Flag)

Guyana Exports

Colombia Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Colombia
Top DestinationUnited States$14.8B

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

In 2023, countries that imported more from Guyana than Colombia included Trinidad and Tobago ($1.9B), Singapore ($1.66B), and Greece ($409M).

In 2023, countries that imported more from Colombia than Guyana included United States ($14.8B), Panama ($4.66B), and Ecuador ($2.19B).

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

Comparative Advantage Guyana - Colombia

Flow
Scale

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

During 2023, Guyana had a large net trade with Colombia in the exports of Mineral Products ($126M), Instruments ($839k), and Machines ($787k).

During 2018, Colombia had a large net trade with Guyana in the exports of Machines ($17M), Mineral Products ($6.21M), and Chemical Products ($5.34M).

Economic Complexity

Competitive Landscape

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

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

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