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2023
Flag → Flag
Exports $52.1MRnk 29 / 147
2023
Flag → Flag
Top Product $51.4MCrude Petroleum
2023
Flag → Flag
Exports $8.31MRnk 117 / 206
2023
Flag → Flag
Top Product $2.04MEngine Parts
2023
Flag
Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH9.35%CURRENT US$
Rnk 158 / 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$52,926CURRENT US$
Rnk 23 / 196
2013-2023
Flag
GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195

About

Guyana-Finland Trade: In 2023, Guyana exported $52.1M to Finland. The main products that Guyana exported to Finland were Crude Petroleum ($51.4M), Hard Liquor ($711k), and Electric Motors ($20.2k). Over the past 5 years the exports of Guyana to Finland have increased at an annualized rate of 197%, from $226k in 2018 to $52.1M in 2023.

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

Finland-Guyana Trade: In 2023, Finland exported $8.31M to Guyana. The main products that Finland exported to Guyana were Engine Parts ($2.04M), Propylene Polymers ($1.66M), and Insulated Wire ($1.41M). Over the past 5 years the exports of Finland to Guyana have increased at an annualized rate of 56.7%,  from $879k in 2018 to $8.31M in 2023.

In 2023, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $52.1M to Finland. The main products exported from Guyana to Finland were Crude Petroleum ($51.4M), Hard Liquor ($711k), and Electric Motors ($20.2k). During the last 5 years the exports of Guyana to Finland have increased at an annualized rate of 197%, from $226k in 2018 to $52.1M in 2023.

In 2018, Finland exported $8.31M to Guyana. The main products exported from Finland to Guyana were Engine Parts ($2.04M), Propylene Polymers ($1.66M), and Insulated Wire ($1.41M). During the last 5 years the exports of Finland to Guyana have increased at an annualized rate of 56.7%, from $879k in 2023 to $8.31M in 2018.

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

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

Latest Data

Trade between Guyana (Flag) and Finland (Flag)

Guyana Exports

Finland Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Guyana than Finland included Trinidad and Tobago ($1.9B), Singapore ($1.66B), and Panama ($519M).

In 2023, countries that imported more from Finland than Guyana included Germany ($9.26B), Sweden ($8.13B), and United States ($9.68B).

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

Comparative Advantage Guyana - Finland

Flow
Scale

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

During 2023, Guyana had a large net trade with Finland in the exports of Mineral Products ($51.4M), Foodstuffs ($711k), and Machines ($24.2k).

During 2018, Finland had a large net trade with Guyana in the exports of Machines ($4.89M), Plastics and Rubbers ($1.73M), and Mineral Products ($1.22M).

Economic Complexity

Competitive Landscape

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

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

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