2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC 
$20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Guyana-Portugal Trade: In 2023, Guyana exported $38.4M to Portugal. The main products that Guyana exported to Portugal were Rice ($38.4M), Inedible Fats and Oils ($42.7k), and Office Machine Parts ($8.81k). Over the past 5 years the exports of Guyana to Portugal have increased at an annualized rate of 8.63%, from $25.4M in 2018 to $38.4M in 2023.

In 2023, Guyana did not export any services to Portugal.

Portugal-Guyana Trade: In 2023, Portugal exported $896k to Guyana. The main products that Portugal exported to Guyana were Twine and Rope ($171k), Iron Structures ($93k), and Iron Pipe Fittings ($76.1k). Over the past 5 years the exports of Portugal to Guyana have decreased at an annualized rate of 5.27%,  from $1.18M in 2018 to $896k in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $38.4M to Portugal. The main products exported from Guyana to Portugal were Rice ($38.4M), Inedible Fats and Oils ($42.7k), and Office Machine Parts ($8.81k). During the last 5 years the exports of Guyana to Portugal have increased at an annualized rate of 8.63%, from $25.4M in 2018 to $38.4M in 2023.

In 2018, Portugal exported $896k to Guyana. The main products exported from Portugal to Guyana were Twine and Rope ($171k), Iron Structures ($93k), and Iron Pipe Fittings ($76.1k). During the last 5 years the exports of Portugal to Guyana have decreased at an annualized rate of 5.27%, from $1.18M in 2023 to $896k in 2018.

Exports from Guyana (Flag) to Portugal (Flag) (2023)

Exports from Portugal (Flag) to Guyana (Flag) (2023)

Latest Data

Trade between Guyana (Flag) and Portugal (Flag)

Guyana Exports

Portugal Exports

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
Portugal
Top Destination
Spain$17.7B

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 2023, countries that imported more from Guyana than Portugal included Trinidad and Tobago ($1.9B), Singapore ($1.66B), and Panama ($519M).

In 2023, countries that imported more from Portugal than Guyana included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

Difference in imports from Portugal (Flag) and Guyana (Flag) (2023)

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 2023, Guyana had a large net trade with Portugal in the exports of Vegetable Products ($38.4M), Animal and Vegetable Bi-Products ($42.7k), and Machines ($21.8k).

During 2018, Portugal had a large net trade with Guyana in the exports of Metals ($295k), Textiles ($187k), and Machines ($144k).

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) (2023)

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