2021
Flag  
GDP
$8.04BCURRENT US$
Rnk 152 / 204
2011-2021
Flag
GDP GROWTH
118%CURRENT US$
Rnk 10 / 204
2021
Flag
 GDP
$24.5BCURRENT US$
Rnk 109 / 204
2011-2021
Flag
GDP GROWTH
-3.82%CURRENT US$
Rnk 178 / 204
2021
Flag
GDP PC 
$9,999CURRENT US$
Rnk 87 / 204
2011-2021
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 6 / 204
2021
Flag
GDP PC
$16,033CURRENT US$
Rnk 70 / 204
2011-2021
Flag
GDP PC GROWTH
-10.5%CURRENT US$
Rnk 167 / 204

About

Guyana-Trinidad and Tobago In 2021, Guyana exported $86.8M to Trinidad and Tobago. The main products that Guyana exported to Trinidad and Tobago are Railway Cargo Containers ($47.9M), Rice ($17.2M), and Raw Sugar ($4.11M). During the last 26 years the exports of Guyana to Trinidad and Tobago have increased at an annualized rate of 10.6%, from $6.27M in 1995 to $86.8M in 2021.

In 2021, Guyana did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Guyana In 2021, Trinidad and Tobago exported $580M to Guyana. The main products that Trinidad and Tobago exported to Guyana were Refined Petroleum ($355M), Passenger and Cargo Ships ($46.2M), and Flavored Water ($12.5M). During the last 26 years the exports of Trinidad and Tobago to Guyana have increased at an annualized rate of 8.73%, from $65.9M in 1995 to $580M in 2021.

In 2021, Trinidad and Tobago did not export any services to Guyana.

Comparison In 2021,  Guyana ranked 122 in total exports ($4.89B). That same year, Trinidad and Tobago ranked 96 in total exports ($9.86B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Guyana exported $86.8M to Trinidad and Tobago. The main products exported from Guyana to Trinidad and Tobago were Railway Cargo Containers ($47.9M), Rice ($17.2M), and Raw Sugar ($4.11M). During the last 26 years the exports of Guyana to Trinidad and Tobago have increased at an annualized rate of 10.6%, from $6.27M in 1995 to $86.8M in 2021.

In 2021, Trinidad and Tobago exported $580M to Guyana. The main products exported from Trinidad and Tobago to Guyana were Refined Petroleum ($355M), Passenger and Cargo Ships ($46.2M), and Flavored Water ($12.5M). During the last 26 years the exports of Trinidad and Tobago to Guyana have increased at an annualized rate of 8.73%, from $65.9M in 1995 to $580M in 2021.

Exports from Guyana (Flag) to Trinidad and Tobago (Flag) (2021)

Exports from Trinidad and Tobago (Flag) to Guyana (Flag) (2021)

Latest Data

Trade between Guyana (Flag) and Trinidad and Tobago (Flag)

Guyana Exports

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Guyana
Top Destination
United States$1.94B
Trinidad and Tobago
Top Destination
United States$3.63B

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

In 2021, countries that imported more from Guyana than Trinidad and Tobago were Singapore ($701M), United Arab Emirates ($294M), and United Kingdom ($292M).

In 2021, countries that imported more from Trinidad and Tobago than Guyana were United States ($3.63B), Mexico ($372M), and Belgium ($354M).

Difference in imports from Trinidad and Tobago (Flag) and Guyana (Flag) (2021)

Comparative Advantage Guyana - Trinidad and Tobago

Flow
Scale

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

During 2021, Guyana had a large net trade with Trinidad and Tobago in the exports of Transportation ($48M), Vegetable Products ($17.4M), and Foodstuffs ($10.8M).

During 2021, Trinidad and Tobago had a large net trade with Guyana in the exports of Mineral Products ($370M), Foodstuffs ($64.6M), and Transportation ($50.9M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Guyana has comparative advantage over Trinidad and Tobago. Similarly, the more yellow a dot/product is, the more Trinidad and Tobago has comparative advantage over Guyana.

Product Space of Guyana (Flag) and Trinidad and Tobago (Flag) (2021)

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