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2023
Flag → Flag
Exports $480MRnk 10 / 147
2023
Flag → Flag
Top Product $447MCrude Petroleum
2023
Flag → Flag
Exports $226MRnk 87 / 223
2023
Flag → Flag
Top Product $41.2MSpecial Purpose Ships
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 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$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Guyana-United Kingdom Trade: In 2023, Guyana exported $480M to United Kingdom. The main products that Guyana exported to United Kingdom were Crude Petroleum ($447M), Hard Liquor ($12.1M), and Rice ($6.15M). Over the past 5 years the exports of Guyana to United Kingdom have increased at an annualized rate of 62.1%, from $42.8M in 2018 to $480M in 2023.

In 2023, Guyana did not export any services to United Kingdom.

United Kingdom-Guyana Trade: In 2023, United Kingdom exported $226M to Guyana. The main products that United Kingdom exported to Guyana were Special Purpose Ships ($41.2M), Delivery Trucks ($32.2M), and Large Construction Vehicles ($20.3M). Over the past 5 years the exports of United Kingdom to Guyana have increased at an annualized rate of 38.4%,  from $44.5M in 2018 to $226M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $480M to United Kingdom. The main products exported from Guyana to United Kingdom were Crude Petroleum ($447M), Hard Liquor ($12.1M), and Rice ($6.15M). During the last 5 years the exports of Guyana to United Kingdom have increased at an annualized rate of 62.1%, from $42.8M in 2018 to $480M in 2023.

In 2018, United Kingdom exported $226M to Guyana. The main products exported from United Kingdom to Guyana were Special Purpose Ships ($41.2M), Delivery Trucks ($32.2M), and Large Construction Vehicles ($20.3M). During the last 5 years the exports of United Kingdom to Guyana have increased at an annualized rate of 38.4%, from $44.5M in 2023 to $226M in 2018.

Exports from Guyana (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Guyana (Flag) (2023)

Latest Data

Trade between Guyana (Flag) and United Kingdom (Flag)

Guyana Exports

United Kingdom Exports

Market Competitiveness

Color
Guyana
Top DestinationUnited States$3.51B
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, countries that imported more from Guyana than United Kingdom included Trinidad and Tobago ($1.9B), Panama ($519M), and Suriname ($170M).

In 2023, countries that imported more from United Kingdom than Guyana included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Guyana (Flag) (2023)

Comparative Advantage Guyana - United Kingdom

Flow
Scale

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

During 2023, Guyana had a large net trade with United Kingdom in the exports of Mineral Products ($453M), Foodstuffs ($13.2M), and Vegetable Products ($6.34M).

During 2018, United Kingdom had a large net trade with Guyana in the exports of Transportation ($95.3M), Machines ($66.3M), and Stone And Glass ($11.5M).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and United Kingdom (Flag) (2023)

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