Guyana (GUY) and Trinidad and Tobago (TTO) Trade | The Observatory of Economic Complexity

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Guyana-Trinidad and Tobago Trade: In 2022, Guyana exported $205M to Trinidad and Tobago. The main products that Guyana exported to Trinidad and Tobago were Rice ($42.6M), Aluminium Ore ($8.37M), and Packaged Medicaments ($5.8M). Over the past 5 years the exports of Guyana to Trinidad and Tobago have increased at an annualized rate of 101%, from $6.3M in 2017 to $205M in 2022.

In 2022, Guyana did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Guyana Trade: In 2022, Trinidad and Tobago exported $368M to Guyana. The main products that Trinidad and Tobago exported to Guyana were Refined Petroleum ($81.8M), Flavored Water ($17.8M), and Petroleum Gas ($12.9M). Over the past 5 years the exports of Trinidad and Tobago to Guyana have increased at an annualized rate of 41.1%, from $65.9M in 2017 to $368M in 2022.

In 2022, Trinidad and Tobago did not export any services to Guyana.

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $205M to Trinidad and Tobago. The main products exported from Guyana to Trinidad and Tobago were Rice ($42.6M), Aluminium Ore ($8.37M), and Packaged Medicaments ($5.8M). During the last 5 years the exports of Guyana to Trinidad and Tobago have increased at an annualized rate of 101%, from $6.3M in 2017 to $205M in 2022.

In 2017, Trinidad and Tobago exported $368M to Guyana. The main products exported from Trinidad and Tobago to Guyana were Refined Petroleum ($81.8M), Flavored Water ($17.8M), and Petroleum Gas ($12.9M). During the last 22 years the exports of Trinidad and Tobago to Guyana have increased at an annualized rate of 41.1%, from $65.9M in 1995 to $368M in 2017.

Exports from Guyana () to Trinidad and Tobago () (2022)

Exports from Trinidad and Tobago () to Guyana () (2022)

Latest Data

Trade between Guyana () and Trinidad and Tobago ()

Guyana Exports

Date

Trinidad and Tobago Exports

Date

Mar 2010

Feb 2010

Jan 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Trinidad and Tobago
Top DestinationUnited States$4.91B

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 2022, countries that imported more from Guyana than Trinidad and Tobago included Panama ($5.84B), Netherlands ($2.86B), and United Arab Emirates ($1.18B).

In 2022, countries that imported more from Trinidad and Tobago than Guyana included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago () and Guyana () (2022)

Comparative Advantage Guyana - Trinidad and Tobago

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Trinidad and Tobago in the exports of Vegetable Products ($44.8M), Foodstuffs ($13.7M), and Mineral Products ($12.1M).

During 2017, Trinidad and Tobago had a large net trade with Guyana in the exports of Mineral Products ($97.6M), Foodstuffs ($81.9M), and Chemical Products ($24.3M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Trinidad and Tobago () (2022)

Exports from Trinidad and Tobago () to Guyana () (2022)

Latest Data

Trade between Guyana () and Trinidad and Tobago ()

Guyana Exports

Trinidad and Tobago Exports

Market Competitiveness

Difference in imports from Trinidad and Tobago () and Guyana () (2022)

Comparative Advantage Guyana - Trinidad and Tobago

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guyana () and Trinidad and Tobago () (2022)

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