2022
Flag  
GDP
$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH
278%CURRENT US$
Rnk 1 / 186
2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 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
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Guyana-Portugal Trade: In 2022, Guyana exported $118M to Portugal. The main products that Guyana exported to Portugal were Rice ($117M), Engine Parts ($574k), and Chemical Analysis Instruments ($172k). Over the past 5 years the exports of Guyana to Portugal have increased at an annualized rate of 34.7%, from $26.7M in 2017 to $118M in 2022.

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

Portugal-Guyana Trade: In 2022, Portugal exported $1.21M to Guyana. The main products that Portugal exported to Guyana were Plastic Lids ($292k), Excavation Machinery ($174k), and Iron Structures ($171k). Over the past 5 years the exports of Portugal to Guyana have increased at an annualized rate of 3.4%,  from $956k in 2017 to $1.21M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guyana exported $118M to Portugal. The main products exported from Guyana to Portugal were Rice ($117M), Engine Parts ($574k), and Chemical Analysis Instruments ($172k). During the last 5 years the exports of Guyana to Portugal have increased at an annualized rate of 34.7%, from $26.7M in 2017 to $118M in 2022.

In 2017, Portugal exported $1.21M to Guyana. The main products exported from Portugal to Guyana were Plastic Lids ($292k), Excavation Machinery ($174k), and Iron Structures ($171k). During the last 5 years the exports of Portugal to Guyana have increased at an annualized rate of 3.4%, from $956k in 2022 to $1.21M in 2017.

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

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

Latest Data

Trade between Guyana (Flag) and Portugal (Flag)

Guyana Exports

Portugal Exports

Market Competitiveness

Color
Guyana
Top Destination
Panama$5.84B
Portugal
Top Destination
Spain$20.5B

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

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

In 2022, countries that imported more from Portugal than Guyana included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Guyana - Portugal

Flow
Scale

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

During 2022, Guyana had a large net trade with Portugal in the exports of Vegetable Products ($117M), Machines ($600k), and Instruments ($172k).

During 2017, Portugal had a large net trade with Guyana in the exports of Machines ($310k), Plastics and Rubbers ($297k), and Metals ($285k).

Economic Complexity

Competitive Landscape

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

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

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