2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP
$654MCURRENT US$
Rnk 189 / 195
2013-2023
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 112 / 195
2023
Flag
GDP PC 
$20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC
$9,833CURRENT US$
Rnk 90 / 196
2013-2023
Flag
GDP PC GROWTH
37.6%CURRENT US$
Rnk 64 / 195

About

Guyana-Dominica Trade: In 2023, Guyana exported $3.47M to Dominica. The main products that Guyana exported to Dominica were Sawn Wood ($1.08M), Rice ($885k), and Wood Stakes ($408k). Over the past 5 years the exports of Guyana to Dominica have increased at an annualized rate of 0.96%, from $3.3M in 2018 to $3.47M in 2023.

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

Dominica-Guyana Trade: In 2023, Dominica exported $3.49M to Guyana. The main products that Dominica exported to Guyana were Cement ($1.07M), Soap ($742k), and Large Construction Vehicles ($614k). Over the past 5 years the exports of Dominica to Guyana have increased at an annualized rate of 13.7%,  from $1.84M in 2018 to $3.49M in 2023.

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

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B). That same year, Dominica ranked 205 in total exports ($47.6M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $3.47M to Dominica. The main products exported from Guyana to Dominica were Sawn Wood ($1.08M), Rice ($885k), and Wood Stakes ($408k). During the last 5 years the exports of Guyana to Dominica have increased at an annualized rate of 0.96%, from $3.3M in 2018 to $3.47M in 2023.

In 2018, Dominica exported $3.49M to Guyana. The main products exported from Dominica to Guyana were Cement ($1.07M), Soap ($742k), and Large Construction Vehicles ($614k). During the last 5 years the exports of Dominica to Guyana have increased at an annualized rate of 13.7%, from $1.84M in 2023 to $3.49M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Dominica (Flag)

Guyana Exports

Dominica Exports

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
Dominica
Top Destination
Bahamas$6.11M

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

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

In 2023, countries that imported more from Dominica than Guyana included Saudi Arabia ($5.35M), Iceland ($4.72M), and Montenegro ($372k).

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

Comparative Advantage Guyana - Dominica

Flow
Scale

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

During 2023, Guyana had a large net trade with Dominica in the exports of Wood Products ($1.62M), Vegetable Products ($914k), and Foodstuffs ($286k).

During 2018, Dominica had a large net trade with Guyana in the exports of Mineral Products ($1.07M), Chemical Products ($1.05M), and Machines ($650k).

Economic Complexity

Competitive Landscape

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

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

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