Guyana / South Korea

Guyana-South Korea Trade: In 2022, Guyana exported $770k to South Korea. The main products that Guyana exported to South Korea were Scrap Copper ($381k), Scrap Lead ($162k), and Industrial Fatty Acids, Oils and Alcohols ($85.2k). Over the past 5 years the exports of Guyana to South Korea have decreased at an annualized rate of 26.3%, from $3.55M in 2017 to $770k in 2022.

In 2022, Guyana did not export any services to South Korea.

South Korea-Guyana Trade: In 2022, South Korea exported $46.2M to Guyana. The main products that South Korea exported to Guyana were Large Construction Vehicles ($24M), Excavation Machinery ($3.57M), and Fork-Lifts ($1.87M). Over the past 5 years the exports of South Korea to Guyana have increased at an annualized rate of 4.99%,  from $36.2M in 2017 to $46.2M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).