2022
Flag  
GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
 GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC 
$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH
248%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

Guyana-New Zealand Trade: In 2022, Guyana exported $2.17M to New Zealand. The main products that Guyana exported to New Zealand were Sawn Wood ($1.78M), Shaped Wood ($229k), and Hard Liquor ($88.4k). Over the past 5 years the exports of Guyana to New Zealand have increased at an annualized rate of 1.71%, from $1.99M in 2017 to $2.17M in 2022.

In 2022, Guyana did not export any services to New Zealand.

New Zealand-Guyana Trade: In 2022, New Zealand exported $21.5M to Guyana. The main products that New Zealand exported to Guyana were Concentrated Milk ($13.3M), Cheese ($7.25M), and Forging Machines ($830k). Over the past 5 years the exports of New Zealand to Guyana have decreased at an annualized rate of 0.014%,  from $21.6M in 2017 to $21.5M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guyana exported $2.17M to New Zealand. The main products exported from Guyana to New Zealand were Sawn Wood ($1.78M), Shaped Wood ($229k), and Hard Liquor ($88.4k). During the last 5 years the exports of Guyana to New Zealand have increased at an annualized rate of 1.71%, from $1.99M in 2017 to $2.17M in 2022.

In 2017, New Zealand exported $21.5M to Guyana. The main products exported from New Zealand to Guyana were Concentrated Milk ($13.3M), Cheese ($7.25M), and Forging Machines ($830k). During the last 5 years the exports of New Zealand to Guyana have decreased at an annualized rate of 0.014%, from $21.6M in 2022 to $21.5M in 2017.

Exports from Guyana (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to Guyana (Flag) (2022)

Latest Data

Trade between Guyana (Flag) and New Zealand (Flag)

Guyana Exports

New Zealand Exports

Market Competitiveness

Color
Guyana
Top Destination
Panama$5.84B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Guyana than New Zealand included Panama ($5.84B), Netherlands ($2.86B), and Italy ($1.18B).

In 2022, countries that imported more from New Zealand than Guyana included China ($13.1B), Australia ($5.35B), and Japan ($2.75B).

Difference in imports from New Zealand (Flag) and Guyana (Flag) (2022)

Comparative Advantage Guyana - New Zealand

Flow
Scale

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

During 2022, Guyana had a large net trade with New Zealand in the exports of Wood Products ($2.01M), Foodstuffs ($88.4k), and Mineral Products ($62.8k).

During 2017, New Zealand had a large net trade with Guyana in the exports of Animal Products ($20.6M), Machines ($879k), and Paper Goods ($43.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and New Zealand (Flag) (2022)

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