2023
Flag  
GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
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2023
Flag
GDP PC 
$20,765CURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
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About

Guyana-British Virgin Islands Trade: In 2023, Guyana exported $602k to British Virgin Islands. The main products that Guyana exported to British Virgin Islands were Hard Liquor ($149k), Sawn Wood ($141k), and Shaped Wood ($62.8k). Over the past 5 years the exports of Guyana to British Virgin Islands have decreased at an annualized rate of 36.6%, from $5.85M in 2018 to $602k in 2023.

In 2023, Guyana did not export any services to British Virgin Islands.

British Virgin Islands-Guyana Trade: In 2023, British Virgin Islands exported $61.6M to Guyana. The main products that British Virgin Islands exported to Guyana were Refined Petroleum ($49.8M), Molasses ($11.6M), and Cement ($93.5k). Over the past 5 years the exports of British Virgin Islands to Guyana have increased at an annualized rate of 187%,  from $318k in 2018 to $61.6M in 2023.

In 2023, British Virgin Islands did not export any services to Guyana.

Comparison In 2023,  Guyana ranked 84 in total exports ($17.4B). That same year, British Virgin Islands ranked 178 in total exports ($281M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Guyana exported $602k to British Virgin Islands. The main products exported from Guyana to British Virgin Islands were Hard Liquor ($149k), Sawn Wood ($141k), and Shaped Wood ($62.8k). During the last 5 years the exports of Guyana to British Virgin Islands have decreased at an annualized rate of 36.6%, from $5.85M in 2018 to $602k in 2023.

In 2018, British Virgin Islands exported $61.6M to Guyana. The main products exported from British Virgin Islands to Guyana were Refined Petroleum ($49.8M), Molasses ($11.6M), and Cement ($93.5k). During the last 5 years the exports of British Virgin Islands to Guyana have increased at an annualized rate of 187%, from $318k in 2023 to $61.6M in 2018.

Exports from Guyana (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Guyana (Flag) (2023)

Latest Data

Trade between Guyana (Flag) and British Virgin Islands (Flag)

Guyana Exports

Market Competitiveness

Color
Guyana
Top Destination
United States$3.51B
British Virgin Islands
Top Destination
Malta$93.7M

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

In 2023, countries that imported more from Guyana than British Virgin Islands included United States ($3.51B), Trinidad and Tobago ($1.9B), and Netherlands ($1.82B).

In 2023, countries that imported more from British Virgin Islands than Guyana included Malta ($93.7M), Indonesia ($11.5M), and Switzerland ($9.02M).

Difference in imports from British Virgin Islands (Flag) and Guyana (Flag) (2023)

Comparative Advantage Guyana - British Virgin Islands

Flow
Scale

This chart compares trade between Guyana and British Virgin Islands by product, considering products traded by both, Guyana and British Virgin Islands.

During 2023, Guyana had a large net trade with British Virgin Islands in the exports of Wood Products ($237k), Foodstuffs ($234k), and Mineral Products ($56k).

During 2018, British Virgin Islands had a large net trade with Guyana in the exports of Mineral Products ($50M), Foodstuffs ($11.6M), and Machines ($53.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Guyana (Flag) and British Virgin Islands (Flag) (2023)

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