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2022
Flag → Flag
Exports $713kRnk 60 / 139
2022
Flag → Flag
Top Product $478kLiquid Pumps
2022
Flag → Flag
Exports $11MRnk 106 / 209
2022
Flag → Flag
Top Product $3.15MSpecial Purpose Ships
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH278%CURRENT US$
Rnk 1 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC $18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH248%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Guyana-Norway Trade: In 2022, Guyana exported $713k to Norway. The main products that Guyana exported to Norway were Liquid Pumps ($478k), Low-voltage Protection Equipment ($90.6k), and Other Electrical Machinery ($34.6k). Over the past 5 years the exports of Guyana to Norway have increased at an annualized rate of 98.5%, from $23.2k in 2017 to $713k in 2022.

In 2022, Guyana did not export any services to Norway.

Norway-Guyana Trade: In 2022, Norway exported $11M to Guyana. The main products that Norway exported to Guyana were Special Purpose Ships ($3.15M), Machinery Having Individual Functions ($1.79M), and Motor-working Tools ($759k). Over the past 5 years the exports of Norway to Guyana have increased at an annualized rate of 29.4%,  from $3.02M in 2017 to $11M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guyana exported $713k to Norway. The main products exported from Guyana to Norway were Liquid Pumps ($478k), Low-voltage Protection Equipment ($90.6k), and Other Electrical Machinery ($34.6k). During the last 5 years the exports of Guyana to Norway have increased at an annualized rate of 98.5%, from $23.2k in 2017 to $713k in 2022.

In 2017, Norway exported $11M to Guyana. The main products exported from Norway to Guyana were Special Purpose Ships ($3.15M), Machinery Having Individual Functions ($1.79M), and Motor-working Tools ($759k). During the last 5 years the exports of Norway to Guyana have increased at an annualized rate of 29.4%, from $3.02M in 2022 to $11M in 2017.

Exports from Guyana (Flag) to Norway (Flag) (2022)

Exports from Norway (Flag) to Guyana (Flag) (2022)

Latest Data

Trade between Guyana (Flag) and Norway (Flag)

Guyana Exports

Norway Exports

Market Competitiveness

Color
Guyana
Top DestinationPanama$5.84B
Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Guyana than Norway included Panama ($5.84B), United Arab Emirates ($1.18B), and Aruba ($156M).

In 2022, countries that imported more from Norway than Guyana included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

Difference in imports from Norway (Flag) and Guyana (Flag) (2022)

Comparative Advantage Guyana - Norway

Flow
Scale

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

During 2022, Guyana had a large net trade with Norway in the exports of Machines ($659k), Instruments ($33.9k), and Foodstuffs ($14.3k).

During 2017, Norway had a large net trade with Guyana in the exports of Machines ($5.69M), Transportation ($3.49M), and Plastics and Rubbers ($951k).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Norway (Flag) (2022)

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