2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
 GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 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
$13,817CURRENT US$
Rnk 74 / 196
2013-2023
Flag
GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195

About

Guyana-Russia Trade: In 2022, Guyana exported $428 to Russia. The main products that Guyana exported to Russia were N/A. Over the past 5 years the exports of Guyana to Russia have decreased at an annualized rate of 72.8%, from $288k in 2017 to $428 in 2022.

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

Russia-Guyana Trade: In 2022, Russia exported $51k to Guyana. The main products that Russia exported to Guyana were N/A. Over the past 5 years the exports of Russia to Guyana have decreased at an annualized rate of 64.7%,  from $9.32M in 2017 to $51k in 2022.

In 2020, Russia exported services to Guyana worth $43k, with Other business services ($16k), Transportation ($12k), and Communications services ($10k) being the largest in terms of value.

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Guyana exported $428 to Russia. There were not main exports from Guyana to Russia in 2022. During the last 5 years the exports of Guyana to Russia have decreased at an annualized rate of 72.8%, from $288k in 2017 to $428 in 2022.

In 2018, Russia exported $51k to Guyana. There were not main exports from Russia to Guyana in 2018. During the last 5 years the exports of Russia to Guyana have decreased at an annualized rate of 64.7%, from $9.32M in 2023 to $51k in 2018.

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

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

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
Russia
Top Destination
China$129B

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

In 2023, countries that imported more from Guyana than Russia included Trinidad and Tobago ($1.9B), Panama ($519M), and Suriname ($170M).

In 2023, countries that imported more from Russia than Guyana included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Guyana - Russia

Flow
Scale

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

During 2022, Guyana had a large net trade with Russia in the exports of .

During 2018, Russia had a large net trade with Guyana in the exports of Animal Products ($28.5k), Vegetable Products ($14.6k), and Instruments ($7.88k).

Bilateral Service Trade

In 2020, Russia exported services to Guyana worth $43k, with Other business services ($16k), Transportation ($12k), and Communications services ($10k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Guyana (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and Russia (Flag) (2023)

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